Overview
- High Court approval on August 26 unlocked new cash after lawyers warned the retailer could run out of money by early September.
- Eleven branches shut on August 31 in locations including Birmingham, Nottingham and Shepherd’s Bush, part of a programme to close 68 identified shops.
- Poundland expects its estate to shrink from about 800 sites to roughly 650–700 as closures proceed and leases lapse.
- The simplified pricing is being rolled out through September, with around 60% of grocery lines set at £1 and the rest at £2 or £3 after a successful pilot.
- Online ordering ends and the Perks app is withdrawn on September 16, while distribution centres at Darton and Bilston are slated to close, putting around 1,000 store roles and hundreds of warehouse jobs at risk.