Overview

• The simplified grocery model is being introduced in phases to all UK stores now through the end of September after a five‑month West Midlands pilot.
• Once complete, roughly 60% of grocery items will be £1 with about 20% at £2 and 20% at £3, supported by a refocused range.
• Trial stores reported improved customer measures and a reduction in shoplifting of more than 25% after higher‑priced lines were removed.
• The restructuring plan advances 68 permanent store closures and exits from distribution centres in Darton and Bilston, putting around 1,000 store roles and about 350 warehouse jobs at risk.
• Online sales via Poundland.co.uk and the Perks app will be retired next month, with the three‑price approach slated to extend to general merchandise and clothing in the coming months.