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Poundland Confirms 11 More Closures for Aug. 31 as Chain Shifts to £1/£2/£3 Pricing

The retailer is simplifying prices under a court‑supervised restructuring led by new owner Gordon Brothers.

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Overview

  • The latest wave will shutter 11 sites on August 31, including Blackburn, Shepherds Bush, Southport, Taunton and Horsham.
  • Poundland says every item will now be priced at £1, £2 or £3, with about 65% of products at £1 and ranges cut roughly in half.
  • Twelve stores closed on Tuesday as part of a month that will see 48 locations shut, with further reductions planned through mid‑October.
  • The estate is being reduced from around 800 shops to a target of 650–700, with some additional closures expected as leases expire.
  • Online ordering ends on September 16 and Perks rewards remain redeemable until January 15, 2026, while a High Court hearing on August 26 is scheduled to consider the recovery plan.