High street discount chain Poundland is set to close 16 of its stores across England before the end of the year, as part of a significant restructuring effort to secure the future of the business.
The Full List of Poundland Closures
The retailer has confirmed the complete list of 16 locations scheduled for closure. Thirteen branches will shut their doors in November 2025, with the remaining three following in December. The affected stores are spread across various towns and cities in England.
The confirmed closure schedule is as follows:
- Matlock (November 2)
- Hailsham (November 2)
- Perry Barr (November 2)
- Carlisle (November 9)
- Burnley (November 9)
- Witham (November 12)
- Sidcup (November 14)
- Loughborough (November 14)
- New Malden (November 16)
- Peckham (November 20)
- Dalston (November 24)
- Beeston (November 27)
- Launceston (November 29)
- Melton Mowbray (December 4)
- Droitwich (December 9)
- Hempstead Valley (December 31)
Background of the Restructure and Investment
This latest announcement adds a further 10 stores to a previously disclosed closure plan. In June 2025, the Black Country-based company unveiled a major restructure that included shutting 68 shops and two warehouses.
The business, which was founded in 1990 with its first store in Burton upon Trent, was put up for sale by its parent company, Pepco Group, in March. This decision was attributed to challenging trading conditions and specific difficulties with its clothing and homeware product lines.
In a move to revitalise the brand, Gordon Brothers, a firm known for its involvement with Laura Ashley, has committed to investing up to £80 million in Poundland to help turn the business around.
Management's Statement on the Closures
Barry Williams, the Managing Director of Poundland, addressed the difficult decisions, stating that action was necessary to return the company to growth. He acknowledged that while the brand remains strong, serving over 20 million shoppers annually, its performance had fallen short of expectations for a significant period.
“It’s sincerely regrettable that this plan includes the closure of stores and distribution centres,” Williams said, “but it’s necessary if we’re to achieve our goal of securing the future of thousands of jobs and hundreds of stores.”
The retail environment for bargain chains has become increasingly tough, with intense competition from major supermarkets like Tesco, Aldi, and Lidl putting pressure on traditional discounters.