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Poundland Launches Closing-Down Sales at 18 Stores as Court-Backed Restructure Advances

The discounts mark the next step in a High Court-approved plan under Gordon Brothers to shrink the chain for stability.

Overview

  • Poundland has begun clearance events offering up to 40% off at 18 branches, including Twickenham, Leicester, Burnley and Peckham.
  • Final trading dates for affected sites run from October 5 through late November, with early closures confirmed in locations such as Lowestoft and Livingston.
  • The retailer says the sales support its recovery programme, which targets an estate of roughly 650 to 700 stores after previously operating around 800.
  • By September 28 the company had closed 57 of the 68 stores slated to shut, with 11 closures placed on hold following landlord talks.
  • Gordon Brothers, which bought Poundland in June and pledged about £90 million, is also ending web transactions, retiring the Perks app with vouchers valid until January 15, 2026, and planning warehouse closures in Darton this year and Bilston in early 2026.