The budget store has announced 25 more closures in the coming weeks.
13:21, 18 Jul 2025Updated 15:24, 18 Jul 2025
Poundland has announced three more closures – with one in Inverclyde(Image: Getty Images )
Poundland is set to close three stores across Scotland in the coming weeks. The budget retailer recently announced a new wave of 25 closures across the UK.
Among the list is the Inverclyde branch in Port Glasgow, based in the Gallagher Shopping Park, with reports saying that it is set to close its doors on Sunday, August 10.
Meanwhile, two other closures are set to take place the following week on August 17 – the Broxburn store, located at 122 East Main Street, and the Peth store, based the St Catherine’s Retail Park.
According to the Sun, the discounted retailer will also be closing down its Stratford-upon-Avon store on Bridge Street next week on July 21, while its Whitby store is set to close on September 3.
News of Poundland’s closures come after the struggling firm was sold in a £1 deal to investment firm Gordon Brothers, the former owners of British fashion company Laura Ashley.
The firm was put up for sale earlier this year in March, with its then owner the Pepco Group auctioning of the brand following a slump in sales over the past year.
The discounted retailer was sold in a deal for £1(Image: Poundland )
Restructuring plans would see the discounted retailer, which operates around 800 branches, close up to 68 stores, with a further 150 at risk, reducing its portfolio to between 650 to 700 stores.
First opened in 1990, Poundland now offers it customers a selection of products that includes household goods, food, clothing and beauty items.
However, its new owners are said to have proposed a range of changes that would see it remove frozen food products at stores where they’re currently sold, stopping selling products on its website, and providing more seasonal and womenswear ranges.
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Poundland isn’t the only retailer to be struggling this year, we recently reported that Claire’s Accessories was also potentially considering a sale after it had to draft in advisors to help with a rescue plan to pay a loan due next year.
The beloved jewellery retailer, which is primarily marketed towards the younger generation, hired experts from Interpath as it is currently facing an outstanding loan worth $480million (£355million) that needs to be repaid in December 2026.
While no announcement regarding closures has been made, Interpath’s appointment has brought into question the possibility of potential sweeping store closures and the chain pulling out of some countries entirely as it “seeks to dramatically rein in costs.”
Poundland stores set to closeSt Marks Place Newark – unknownTelford – July 1Stratford-upon-Avon – July 21Newquay – July 30Cowes, Isle of Wight – July 30Newquay – August 1Whitby – September 3Pontypool – September 7Inverclyde – August 10Broxburn – August 17Perth – August 17Ammanford – August 10Birmingham Fort – August 10Cardiff Valegate – August 10Cramlington – August 10Leicester – August 10Long Eaton – August 10Seaham – August 10Shrewsbury – August 10Turnbridge Wells – August 10Bedford – August 17Bidston Moss – August 17Craigavon – August 17Dartmouth – August 17East Dulwich – August 17Falmouth – August 17Hull St Andrews – August 17Newtonabbey – August 17Poole – August 17Sunderland – August 17Stafford – August 17Thornaby – August 17Worcester – August 17Poundland stores already closedConnswater Shopping Centre, Belfast – closed March 2024Macclesfield – closed August, 2024Maidenhead – closed October, 2024Sutton Coldfield – closed October, 2024Clapham Junction Station, London – closed May 2Belle Vale Shopping Centre, Liverpool – closed May 6St George’s Centre, Gravesend – closed May 8Southwark Park Road – closed May 14Copdock Mill Interchange, Ipswich – closed May 20Newport, Wales – closed May 24Chiswick High Road – closed May 28Filton Abbeywood – closed May 31Surrey Quays – closed June 11Barrow Dalton Road – closed June 12Union Gate, Bristol – closed June 20Flint – closed June 21Colchester – closed
The Daily Record has approached Poundland for a comment on its store closure.