Poundland is set to close another 25 stores in August 25 after the retailer was sold for £1 as part of a rescue deal.
This comes as a blow to Britain's high streets, which have been forced to contend with multiple waves of store closures in recent years.
Next month, Poundland is set to carry out dozens of store closures on two different days: August 10 and August 17.
Tis latest round of location shut downs comes as part of a wider restructuring plan, which will see 68 Poundland stores leave the high street.
PA | Poundland stores are closing down
Here is a full list of the Poundland store closures earmarked for closure in August 2025:
- Ammanford – August 10
- Birmingham Fort – August 10
- Cardiff Valegate – August 10
- Cramlington – August 10
- Leicester – August 10
- Long Eaton – August 10
- Port Glasgow – August 10
- Seaham – August 10
- Shrewsbury – August 10
- Tunbridge Wells – August 10
- Bedford – August 17
- Bidston Moss – August 17
- Broxburn – August 17
- Craigavon – August 17
- Dartmouth – August 17
- East Dulwich – August 17
- Falmouth – August 17
- Hull St Andrews – August 17
- Newtonabbey – August 17
- Perth – August 17
- Poole – August 17
- Sunderland – August 17
- Stafford – August 17
- Thornaby – August 17
- Worcester – August 17.
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PA | The high street has been hit with store closures in recent months So far, three Poundland stores have already been shut down for good as part of the company's wider restructuring plan.
These include the Swiss Cottage branch which closed in April 2024, as well as the branches in Chiswick and Southampton West Quay sites in May and June 2025.
It is expected that the remaining 40 Poundland stores will be closed on a rolling basis sometime between August 10 and the middle of October.
Poundland’s retail director, Darren MacDonald, said: "It is of course, sincerely regrettable that our recovery plans include any store closures, but sadly that’s necessary if we’re to achieve our goal of securing the future of thousands of jobs and hundreds of stores.
"While our anticipated network of around 650-700 stores remains a sizeable one, we entirely understand how disappointing it will be for customers when one nearby, closes.
"Nevertheless, we look forward to continuing to welcome them to a nearby Poundland. It goes without saying that we will work closely with colleagues through a formal consultation process in stores scheduled to close, exploring any suitable alternative roles. That work is underway."
LATEST DEVELOPMENTS:
PA | Britain's high streets have been hit by a wave of store and restaurant chain closures According to data compiled by PwC, 2024 saw stores closures fell to 12,804. This is around 35 per day, representing the second lowest rate of closures in a decade
In comparison, there was 9002 openings over year, averaging 25 daily. Net decline shrank to -1.8 per cent in 2024, with smaller declines in almost all types of outlets.
Jacqueline Windsor, the head of Retail at PwC UK, said: "Our latest Store Openings and Closures insights indicate a cautious optimism for the retail sector. This creates opportunities for stakeholders to seize momentum and unlock growth by tackling market challenges and capitalising on evolving consumer behaviours.”
"Whether it be investing in technology to enhance the consumer experience or drive productivity improvements, 2025 could be a big year for retailers who are smart about how they play in the market."