Poundland closes 57 stores this year – over 100 by start of 2026 | UK | News
Major retailer Poundland has faced a challenging year amid a major restructuring plan that has resulted in the closure of a significant number of stores. But there appear to be little signs of relief, with more closures on the way in 2026 in another major blow to Britain’s high street.
In June, Pepco’s owners sold the brand to Gordon Brothers, a US investment firm, for just £1 and immediately launched a major restructuring plan. The initial plan was to close 68 stores and two warehouses in the UK, putting 1,300 jobs at risk. However, the discount retailer completed its major store closure program in September, closing 57 stores and suspending 11 others. Since then, more than 40 other closures have emerged due to leases expiring or landlords giving notice.
Poundland will close more than 100 properties by the beginning of 2026 and plans to reduce the number of properties from around 800 to between 650 and 700. Before the closures, Poundland employed more than 16,000 people across 792 branches across the UK and Ireland.
A significant number of Poundland stores opened sales in preparation for these closures during the summer months.
Darren MacDonald, Poundland’s UK country manager, said: “We know how disappointing it is to leave a store, but we are determined to say goodbye to our customers by delivering even more amazing value before we close our doors for the final time.
“The value we provide in each store, as well as special discounts, will help us leave places with pride. Once we close our doors, we look forward to welcoming customers to one of the hundreds of Poundland stores we will continue to operate across the UK.”
A further 18 Poundland stores will have closed by the end of December, with two more planned to cease operations from 13 December.
- Christchurch (Meteor Retail Park), Dorset – 5 December
- Arnold, Nottinghamshire – 6 December
- Worthing, West Sussex – 6 December
- Droitwich, Worcestershire – 9 December
- Ballymena, County Antrim, Northern Ireland – 13 December
- Oldham, Manchester – 13 December
- Weston Favell, Northamptonshire – 19 December
- Lancaster, Lancashire – 19 December
- Portishead, Somerset – 24 December
- Grantham, Lincolnshire – 24 December
- Weston-Super-Mare, Somerset – 24 December
- Hammersmith, Greater London – 24 December
- Portadown, County Armagh, Northern Ireland – 31 December
- Farnham, Surrey – 31 December
- Brighton, East Sussex – 31 December
- Hempstead Valley, Kent – 31 December
- Northampton Sixfields, Northamptonshire – 31 December
- Prestatyn, Denbighshire – 31 December
- Bexhill, East Sussex – 5 January
- Ponders End, Greater London – 5 January
- Kilmarnock, East Ayrshire, Scotland – January 5
- Faversham, Kent – 6 January
- Mitcham, Greater London – 14 January
- Liverpool, Merseyside – 15 January
- Yeovil, Somerset – 16 January
- Cameron Toll, Edinburgh, Scotland – January 20
- Nottingham Eastpoint, Nottinghamshire – 22 January
- Lymington, Hampshire – 23 January
- Christchurch (47 High Street), Dorset – 23 January
- Bristol Avon Meads, Bristol – 29 January
- Winton, Dorset – 6 February
- Coatbridge, North Lanarkshire, Scotland – February 8
Founded in 1990 by Dave Dodd and Steven Smith, the variety store chain became known for selling all its products for the single price of £1. The retailer grew from a single location in Burton upon Trent and opened its hundredth location in 2003. In January 2025, it was reported that the company would be expanding its range of £1 and under products in response to a decline in sales.
