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Poundland Sets December and January Store Closures Under Restructuring

The retailer is cutting its estate after a distress sale to Gordon Brothers.

Overview

  • Closures confirmed this month include Melton Mowbray on December 4, Droitwich on December 9, and Hempstead Valley on December 31.
  • Further shutdowns are scheduled for Bexhill on January 5 and Cameron Toll on January 20, 2026.
  • Around 30 stores are currently earmarked for closure, with about 25 branches already shut since October.
  • Several closures are tied to lease expiries under the restructuring agreement rather than immediate exits.
  • Stores preparing to close are running clearance sales with discounts of up to 40%, as Poundland targets a smaller estate of roughly 650 to 700 shops following a period of declining profitability and higher operating costs.