Overview

• Poundland will close its Inverclyde branch in Port Glasgow, its Stratford-upon-Avon store on July 21 and its Whitby outlet on September 3, taking confirmed shutdowns this year to 24.
• The retailer remains on course to shutter 68 underperforming sites and review another 150 as part of its recovery plan to cut costs.
• Managing director Barry Williams says the portfolio reduction is necessary to return the business to growth and safeguard thousands of roles.
• Since completing its £1 sale to Gordon Brothers on June 12, supported by an £80 million backing package, Poundland has accelerated closures to pare back from about 800 to roughly 650–700 outlets.
• The Whitby shutdown follows failed lease negotiations with the property owner, highlighting how landlord disputes are shaping local store exits.