19/07/2025
EastDulwich Poundland is set to close in August, just two years after opening
Poundland confirms locations of 25 stores set to close under its restructuring plan - full list
Poundland has today confirmed the locations of 25 stores set to close under its restructuring and recovery plan as it aims to return the business to growth.The plan, launched in June, aims to “refocus and simplify” the business after an extended period of under-performance and deliver a financially sustainable operating model, bosses at the discount chain said.The plan includes the closure of 68 stores and, plus other closures linked to lease expirations.Bosses at Poundland said the restructuring is expected to leave the business with a network of around 650 to 700 stores compared to around 800 currently.Colleagues at stores earmarked for closure under the recovery plan were informed of their store’s status in June, a statement issued today said, and Poundland has this week finished briefing colleagues on specific closing dates for the first 25 locations.
East Dulwich 29-35 Lordship Lane, East Dulwich, SE22 8EW
Poundland’s retail director Darren MacDonald said: “It is of course, sincerely regrettable that our recovery plans include any store closures, but sadly that’s necessary if we’re to achieve our goal of securing the future of thousands of jobs and hundreds of stores.
“While our anticipated network of around 650-700 stores remains a sizeable one, we entirely understand how disappointing it will be for customers when one nearby, closes.
Nevertheless, we look forward to continuing to welcome them to a nearby Poundland.
“It goes without saying that we will work closely with colleagues through a formal consultation process in stores scheduled to close, exploring any suitable alternative roles. That work is underway.”
Poundland's court-sanctioned restructuring and recovery process, which was launched in June, applies to creditors in the UK. It does not cover Poundland’s store operations in the Republic of Ireland and Isle of Man, where it trades as Dealz, and it does not propose any changes for trade suppliers in both the UK and Republic of Ireland.
Of the remaining 43 stores identified for closure in the restructuring plan, three (Swiss Cottage, Chiswick and Southampton West Quay) have already closed to customers.