![\"A](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/0_JS372733325.jpg\")
A view of the Poundland store after the retailer announced plans to close several stores (Image: Liam McBurney\/PA Wire)<\/p>\nThe closure forms a wider strategy to shut down 68 stores across the UKA view of the Poundland store after the retailer announced plans to close several stores (Image: Liam McBurney\/PA Wire)<\/p>\n
Poundland has revealed plans to shut down dozens of its stores across the UK as part of a strategy aimed at recovery and restructuring. The discount retailer<\/a>, which opened its doors in 1990 and quickly became a hit with shoppers looking for \u00a31 bargains<\/a>, has seen a shift in its pricing policy since 2019.<\/p>\n Back in June, Pepco Group sold the discount chain for \u00a31 after it was hit by a sharp downturn in trading in recent years and it was later announced a total of 68 branches would close. The discount chain will shut 10 stores on August 10 and a further 15 branches will close their doors for good on August 17.<\/p>\n Poundland will then pull down the shutters on a further ten sites on August 24. As part of the 68 stores closing, three have already done so, including Swiss Cottage which shut on April 20, 2024, Chiswick which closed on May 28 and Southampton West Quay which shut on June 9.<\/p>\n Poundland’s<\/a> retail director Darren MacDonald previously 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.”<\/p>\n He added: “While our anticipated network of around 650 to 700 stores remains a sizeable one, we entirely understand how disappointing it will be for customers when one nearby closes.<\/p>\n “Nevertheless, we look forward to continuing to welcome them to a nearby Poundland.”<\/p>\n MacDonald also confirmed that the company is currently in formal consultation with affected staff members, exploring possible alternative roles within the business, reports Nottinghamshire Live<\/a>.<\/p>\n One of the stores closing this month is in Merseyside. It was announced that Bidston Moss, Wallasey<\/a>, would be closing on August 17. The shop only opened on September 7 last year.<\/p>\n