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Poundland Presses On With Restructure as 12 More Stores Shut in January

Under new owner Gordon Brothers, the chain is shrinking its UK footprint to roughly 650–700 stores as leases end.

Overview

  • Twelve branches are scheduled to close between January 5 and 29, with Winton and Coatbridge to follow on February 6 and 8.
  • A further wave completed in December, including Brighton’s Western Road on its final trading day with steep clearance pricing reported.
  • Poundland says it expects to operate 650–700 UK stores by early 2026, down from about 800 at the start of the restructuring.
  • The retailer’s sale by Pepco to Gordon Brothers for £1 in June triggered a plan that initially targeted 68 shops and two warehouses, with 57 stores closed by September and 11 put on hold.
  • Many of the latest shutdowns stem from expiring leases or landlord notices, while some vacated units are being re-let, including multiple new Jollyes pet stores with Blackpool due to open on January 24.