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Poundland Launches Closing-Down Sales at 18 Stores as Next Wave of Closures Begins

A court-approved rescue under Gordon Brothers funds a smaller estate targeting 650 to 700 UK sites.

Overview

  • Discounts of up to 40% are running at 18 branches as clearance sales precede exits scheduled through October and November.
  • October shutdowns include Liscard on October 1, Lowestoft on October 10, Livingston on October 12, and Tenby on October 18.
  • Further dates are set, with Market Harborough closing on October 9, Carlisle on November 9, Peckham on November 20, and Launceston on November 29.
  • Poundland says 57 of the 68 targeted stores had closed by September 28, with 11 closures placed on hold following negotiations.
  • Operational changes include ending online transactions and the Perks scheme, closing the Darton frozen and digital hub later this year, and planning to shut the Bilston distribution centre in early 2026.