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Poundland Sets October Closures as Court-Approved Restructure Accelerates

A High Court-approved restructuring under Gordon Brothers aims to steady the discounter after a cash crisis.

Overview

  • Poundland has confirmed October shutdowns at Liscard on October 1, Lowestoft on October 10, Livingston on October 12 and Tenby on October 18, with closing-down sales already running.
  • More than 100 head-office roles have been cut, with the Darton distribution centre to close later this year and the Bilston national hub scheduled to shut in early 2026.
  • The store plan now points to about 57 closures after 11 locations were paused or saved following talks with landlords.
  • The retailer has ended online transactions and retired its Perks app, with existing reward vouchers redeemable until January 15, 2026.
  • Under its rescue plan, the chain is targeting an estate of roughly 650–700 stores and is rolling out £1, £2 and £3 grocery pricing to refocus on value.