Discount chain Poundland has confirmed a further five store closures for February, bringing the total number of shops shutting their doors to 13 in a one-month period.
Major restructuring plan unfolds
The latest announcement follows eight closures that took place in January, as part of a significant restructuring plan. The company, which was sold for just £1 last year, has faced sustained pressure despite its value-focused offering to customers. This has led to a major overhaul affecting 57 stores and more than 1,000 employees nationwide.
Full list of confirmed closures
The closures are happening on a rolling basis between January 18 and February 16. The following stores have already closed or are scheduled to close:
January closures:
- Dorchester - January 18
- Plymstock - January 20
- Cameron Toll in Edinburgh - January 20
- Nottingham Eastpoint in Nottinghamshire - January 22
- Bearwood Smethwick - January 23
- Lymington, Hampshire - January 23
- Christchurch, High Street, Dorset - January 23
February closures:
- Chichester - February 8
- Feltham - February 8
- Crayford - February 11
- Nottingham, Chilwell - February 13
- Urmston - February 16
What this means for the high street
The wave of Poundland store closures highlights the ongoing challenges within the UK retail sector, particularly for value chains. The restructuring represents a significant shift for the brand as it adapts to changing consumer habits and economic pressures. The impact will be felt in communities across the country, from Dorset to Edinburgh, as these local shops cease trading.
Customers are advised to check with their local store for final trading dates and any potential closing-down sales. The future of the affected sites remains unclear, though they may present opportunities for other retailers or community use.
