Particle.news
Download on the App Store

Poundland to Reopen Six Stores After Lease U‑Turn During Court‑Backed Overhaul

Lease agreements with landlords allowed a rare reprieve during the court‑approved restructuring.

Overview

  • The saved branches are in Perry Barr, Dundee, Livingston, Musselburgh, Porthcawl and Andover, with reopenings due in the coming weeks.
  • Poundland is still closing 68 shops by the end of 2025, a programme expected to affect around 1,000 roles, with further closures already scheduled through January.
  • Court filings and company statements point to up to £60 million in new funding on top of a previous £30 million to support the turnaround.
  • The retailer is simplifying operations by returning to £1, £2 and £3 grocery pricing, ending online sales, and winding down Poundland Perks with vouchers usable until January 15, 2026.
  • Two distribution hubs are being shut as part of the reset, with the Darton frozen and digital site closing this year and the larger Bilston facility in early 2026.