Discount retail giant Poundland has confirmed a fresh wave of closures, with nine more stores set to shut their doors in early 2026. This latest announcement continues a major restructuring programme that has seen the chain close over 100 locations since June of last year.
The Full List of New Poundland Closures
The company has released specific dates for the upcoming closures. The first stores to close will be in Dorchester on January 18 and Plymstock on January 20. This will be followed by the Bearwood Smethwick branch on January 23 and the Gosport store on January 29.
Further closures scheduled for February include the Chichester and Feltham stores on February 8, the Crayford branch on February 11, the Nottingham (Chilwell) shop on February 13, and finally the Urmston location on February 16.
Background of the Restructuring Plan
This new tranche of Poundland store closures is part of a wider strategy to reshape the business. The group, which was sold for just £1, launched a significant restructuring plan after facing sustained pressure from the challenging high street environment, despite its value-focused proposition.
The plan began with an initial wave of 57 store closures, which put more than 1,000 jobs at risk. Under the ownership of investment firm Gordon Brothers, the company aims to streamline its estate from around 800 sites to a more sustainable portfolio of between 650 and 700 shops.
Company Statement and Future Outlook
Ahead of the Christmas period, Darren MacDonald, Poundland’s UK country manager, addressed the ongoing closures. He stated the company understands the disappointment when a store leaves a community.
"We know how disappointing it is when we leave a store," MacDonald said, "but before we close our doors for a final time, we’re determined to say goodbye by offering even more amazing value to customers."
He emphasised that the special reductions are intended to help the brand "leave locations we’re leaving with pride," while redirecting customers to the hundreds of other Poundland stores that will continue to operate across the UK.
The continued retail news of closures highlights the persistent struggles on the British high street, even for established discount retailers. The company's efforts are focused on creating a leaner, more profitable operation for the future.