Overview

• Poundland closed 15 outlets on August 17 and has listed 12 more for August 24 with further sites scheduled to shut on August 31.
• Stores marked for closure are running clearance sales with discounts of up to 75% ahead of their final trading days.
• The closures form part of a recovery plan under Gordon Brothers, which acquired Poundland for £1 in June and provided an £80 million turnaround fund.
• Broader measures—such as ending online and loyalty services, cutting chilled and frozen ranges and shuttering distribution centres—remain subject to High Court and creditor sanction.
• Separately negotiated lease exits will see other branches, including Nottingham’s Radford store on August 29 and Whitby on September 3, close outside the main restructuring programme.