Poundland is preparing to shut three more branches this December, adding to the dozens already shut in recent months , as it continues a wide-ranging restructure under its new owners.
The closures are part of a major programme announced in June, when Poundland was sold for £1 to US investment firm Gordon Brothers, which outlined plans to close 68 shops and two warehouses across the UK. The goal is to shrink the chain from roughly 800 stores to between 650 and 700 by the end of the overhaul .
So far, more than 30 branches have already closed their doors since October. According to recent reporting, the three Poundland stores scheduled to shut in December are:
Melton Mowbray — closing December 4
Droitwich — closing December 9
Hempstead Valley — closing December 31
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