Overview

• Poundland confirmed 18 UK stores will shut across October and November due to expiring leases, publishing a full list of locations and dates.
• Twickenham and Westhoughton closed on October 5, with further closures scheduled through November 29 including sites such as Market Harborough, Lowestoft and Peckham.
• Some outlets report 12 of the closures are occurring this month, reflecting the October subset of the schedule.
• The chain says 57 of the 68 targeted stores have already closed, with 11 additional closures currently on hold under the restructuring programme.
• Closing branches are running discounts of up to about 40%, while operational changes include ending online shopping, retiring the Perks loyalty scheme, and planning to close distribution centres in Darton and Bilston.