US EditionPoundland Closures: Bargains Chain Reveals Next Wave of UK Stores Closing Down, Full List of Locations Near Me
Poundland plans to reduce its UK store estate from about 800 to 650-700 amid a 7.1% sales decline, closing 68 stores as part of its turnaround strategy.
- Poundland has announced the closure of 68 stores as part of its restructuring plan, following its acquisition by Gordon Brothers from Pepco Group in June.
- Of the 68 stores scheduled to close, 13 have already shut, including 10 on August 10.
- Poundland plans to close additional stores as part of its restructuring efforts.
- Darren MacDonald, Poundland's retail director, expressed disappointment over the closures but looks forward to welcoming customers to other locations.
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Total News Sources26
Leaning Left4Leaning Right0Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 27%
C 73%
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