Poundland is set to shut down 12 of its stores in January 2026. After already slashing the size of the chain, the discount retailer hopes to achieve greater success from now on, securing its place on Britain’s future high streets.
The closing Poundland branches are holding clearance sales, with reductions of up to 40% and with items marked down in price until they are sold. The high street chain has confirmed it will have to shut a further two stores in February and more than 100 shops in the UK by early 2026.
The February stores closing include Winton, Dorset, on February 6, and Coatbridge, North Lanarkshire, Scotland, on February 8.
Poundland has also pledged to price approximately 60% of grocery items at £1 throughout its network following the changes, which comes after a five-month trial at 17 stores in the West Midlands.
Darren MacDonald, Poundland’s UK country manager, said: “We know how disappointing it is when we leave a store, but before we close our doors for a final time, we’re determined to say goodbye by offering even more amazing value to customers. The special reductions, on top of the value we provide in every store, will help us leave locations we’re leaving with pride.
“And when we close our doors, we look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK.”
A Poundland spokesperson said: “Customers will be able to take advantage of significant savings as these stores prepare for closure in the days ahead.
“The reductions of up to 40pc will see items marked down in price until they’re sold and cover all the stock in each store from homewares to groceries and clothing to health and beauty.”
The number of Poundland stores is expected to drop from 800 last year to 650 or 700 as leases expire and landlords exercise any option to serve notice, reports the Mirror.
The first Poundland stores to close this month are in Bexhill, East Sussex, Ponders End, Greater London, and Kilmarnock in East Ayrshire. These three stores will shut down on January 5.