Overview

• After shuttering ten stores on August 10, Poundland closed a further 15 branches today at locations including Bedford, Poole, Sunderland and Worcester.
• The retailer has now identified about 52 of the 68 underperforming sites earmarked to shrink its estate from roughly 800 to around 650–700 stores.
• Formal consultations with affected employees have begun under UK law, with Poundland pledging to explore alternative roles as shops prepare to close.
• Additional operational changes—ending online sales, reshaping product mix and closing distribution centres in Darton and Bilston—remain on the schedule for later this year and early 2026.
• Key elements of the recovery plan, backed by Gordon Brothers’ £80 million financing commitment, are pending creditor and High Court approvals before full rollout.