High street brand Poundland has launched a huge sale to thank customers as it prepares to close 18 of its stores across the UK. The saving store announced its renovation plans earlier this year, committed to closing stores in Burnley, Leicester, Peckham, and Twickenham from this weekend. They announced the alarming closure of 68 stores, of which 57 would shut before September 28, 2025.
Customers will be able to secure deals of up to 40% off, which will include clothing, health and beauty products, homeware and groceries. This clearance is one step in the brand’s recovery plan to remain on Britain’s high streets. In August, Poundland’s plan was accepted by the High Court, preventing the retailer from impending collapse — just days before their funds depleted.
With the closing down of 11 additional stores placed on hold, the sales will permit the brand time to develop its best-performing sites. When restructuring began, Poundland ran 800 stores; however, this will now be reduced to under 700. Darren MacDonald, the brand’s Retail Director, commented on the clearance, saying: « These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave these locations with pride. When our doors close in these locations, we’ll look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK, » he added.
Responsible for 14,700 staff, Poundland has suffered financial pressure in recent years. The new owners of the company, Gordon Brothers, who bought the company in June for an unbelievable — and on-theme — £1, told of their investment plans, which included £90million. With plans to cut 1,000 jobs and close two warehouses, which will affect 350 workers, the restructure will affect Poundland’s online customers too, as its website and frozen food aisle are to close too.
Additionally, nearly 180 stores will experience rent cuts. The Sun suggests that some bargains may even be marked up to 90% off. This follows news of the store returning to its roots after backlash on products not reflecting the name, suggesting £1 deals. Their groceries will now include prices under £3.
Note that stores in Irvine’s Rivergate Centre; Brighton’s London Road; Anniesland’s Great Western Road; and Whitby have all been marked as upcoming closures currently on hold.
Complete list of Poundland stores with clearance sales
Burnley: Unit A, Princess Way Retail Park, Burnley, BB12 0EQ. Closing November 9.
Colne: Unit B, Boundary Retail Park, Corporation Street, Colne, BB8 8LB. Closing October 11
Launceston: Unit 6, Launceston Retail Park, Hurdon Road, Launceston, PL15 9DJ. Closing November 29
Leicester: 24 Belgrave Gate, Leicester, LE1 3GP. Closing October 17
Livingston: Unit 43F, Almondvale South, Livingston, EH54 6NB. Closing October 12
Lowestoft: 9 The Britten Centre, Lowestoft, NR32 1LR. Closing October 10
Market Harborough: Unit 10, The Commons, Market Harborough, LE16 7QL. Closing October 9
Matlock: Unit 2-4, Bank Road, Matlock, DE4 3AQ. Closing November 9.
Musselburgh: 176B The High Street, Musselburgh, EH21 7DZ. Closing October 12
Peckham: Units 5-13, Aylesham Centre, Peckham, SE15 5EW. Closing November 20
Porthcawl: 78/80 John Street, Porthcawl, CF36 3BD. Closing October 10
Rochdale: 22/24 Market Way, Exchange Shopping Centre, Rochdale, OL16 1EB. Closing October 13
Tenby: Former Gatehouse Cinema, White Lion Street, Tenby, SA70 7AZ. Closing October 18
Twickenham: 18-22 King Street, Twickenham, TW1 3SN. Closing October 5
Walsall: Unit 8, St Matthews Quarter, George Street, Walsall, WS1 1PU. Closing October 29
Westhoughton: 7-8 Pavillion Square, Westhoughton, Bolton, BL5 3AG. Closing October 5
Witham: 35 Newland Street, Witham, CM8 2AF. Closing November 12. Sale launches: October 3
