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Poundland to close 68 UK stores after High Court battle see full list

Poundland is to push ahead with more store closures after receiving court approval for a major restructuring plan. Here is the full list of affected UK locations

[The discount retailer has announced the store closures]

The discount retailer has announced the store closures(Image: PA)

Poundland is set to proceed with further store closures following court approval for a significant restructuring plan. Back in June, the budget retail chain announced plans to permanently close 68 stores after being sold by Pepco Group to Peach Bidco, a subsidiary of private equity firm Gordon Brothers, for just 1.

On Tuesday, the company informed a judge that this plan would prevent it from going into administration, with barristers stating during a hearing that without the scheme's approval, the company was likely to run out of funds by September 7.

The group has already closed numerous stores but will now be able to terminate these leases early and progress with additional closures.

[More closures are coming]

More closures are coming(Image: PA Wire)

It is believed that the closure dates for more sores will be announced later in the year, at which point store employees will be notified, reports the Liverpool Echo.

The stores closing are:

August 31 closures:

• Blackburn, Lancashire
• Cookstown, Northern Ireland
• Erdington, West Midlands
• Kimberley Nottingham, Nottinghamshire
• Horsham, West Sussex
• Hull Kingston retail park, East Yorkshire
• Kettering, Northamptonshire
• Omagh, Northern Ireland
• Shepherds Bush, Greater London
• Southport, Merseyside
• Taunton, Somerset

This store will shut on September 14:

• Irvine, Scotland

The following stores have already closed:

• Ammanford, Wales
• Birmingham Fort Shopping Park, West Midlands
• Cardiff, Wales
• Cramlington, Northumberland
• Leicester, Leicestershire
• Long Eaton, Nottinghamshire
• Port Glasgow, Scotland
• Seaham, County Durham
• Shrewsbury, Shropshire
• Tunbridge Wells, Kent
• Bedford, Bedfordshire
• Bidston Moss, Merseyside
• Broxburn, Scotland
• Craigavon, Northern Ireland
• Dartmouth, Devon
• East Dulwich, Greater London
• Falmouth, Cornwall
• Hull St Andrew retail park, East Yorkshire
• Newtownabbey, Northern Ireland
• Perth, Scotland
• Poole, Dorset
• Sunderland Pallion retail park, Tyne and Wear
• Stafford, Staffordshire
• Thornaby, North Yorkshire
• Worcester, Worcestershire
• Brigg, North Lincolnshire
• Canterbury, Kent
• Coventry Hertford Street, West Midlands
• Newcastle Killingworth Centre, Tyne and Wear
• Kings Heath, West Midlands
• Peterborough Orton Gate shopping centre, Cambridgeshire
• Peterlee, County Durham
• Rainham, Kent
• Salford, Greater Manchester
• Sheldon, West Midlands
• Wells, Somerset
• Whitechapel, Greater London
• Swiss Cottage, Greater London
• Southampton West Quay, Hampshire
• Chiswick, Greater London

Poundland said it will shut down 16 more stores but has not yet identified their locations.

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