Overview

• 25 underperforming outlets in locations including Shrewsbury, Poole and Worcester will close on August 10 and 17.
• Poundland plans to cut 68 stores in total, shrinking its UK network from about 800 to roughly 650–700 sites.
• Colleagues at affected stores were informed in June and are now in formal consultation to explore alternative roles.
• The restructuring applies only to UK operations and creditors, leaving Dealz stores in the Republic of Ireland and Isle of Man untouched.
• The closures form part of a recovery plan launched in June to simplify operations following a 6.5% drop in half-year revenues.