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Poundland Confirms 13 Imminent Closures After Adding 10 More Stores to List

The discounter is pushing a turnaround under Gordon Brothers with a simplified £1–£3 pricing strategy.

Overview

  • The next wave of shutdowns begins from tomorrow, with sites including Witham, Loughborough, Sidcup, New Malden and Peckham scheduled through late November and into January.
  • Closing branches are running clearance events with discounts of up to 40% across all stock to sell through inventory before doors shut.
  • Poundland says it will roll out straightforward £1, £2 and £3 pricing across the estate, targeting roughly 60% of grocery items at £1 after a West Midlands trial.
  • The restructuring follows this year's £1 sale by PepCo to Gordon Brothers and includes a previously announced plan to close 68 shops and two warehouses, putting about 1,300 jobs at risk.
  • Online delivery was halted in September and, according to reporting, the total store count could fall from about 800 to roughly 650–700 as leases end and landlords serve notice.