has confirmed it will shut five more in the coming weeks as part of a wider plan to turn the struggling business around. The has already closed more than a dozen stores since last year, and now even more are set to disappear from the .
It comes after the was sold to US investment firm Gordon Brothers for just £1. The new owners plan to close up to 100 of the retailer's 800+ shops if a proposed restructure is approved by the High Court.
You can see the Poundland stores in your area by putting your postcode into the interactive map below.
Poundland was put up for sale earlier this year following a drop in sales.
Revenue fell 6.5% to £830 million in the six months to March compared to the previous year, and 18 stores were already shut during that period.
The next five stores set to close are:
These follow a wave of closures that began in early 2024, including sites in Belfast, London, Liverpool, Ipswich and other towns across the UK.
Poundland was previously owned by Pepco Group, a Polish firm that bought the chain in 2016.
But after a difficult year, Pepco decided to sell the brand for a "nominal fee" to Gordon Brothers, which once owned fashion retailer Laura Ashley.
The new deal includes a proposed restructure and a fresh investment package worth £80 million.
That includes a £30 million secured loan and an additional £30 million overdraft.
Despite the closures, Poundland's current boss Barry Williams will stay on as managing director.
The company says it will continue to trade under the Poundland name in the UK, and as Dealz in Ireland and the Isle of Man.
Retail experts have said the chain struggled to keep up with competition from supermarkets and fast-growing online retailers like Temu and Shein.
Sofie Willmott from GlobalData told the that shoppers are now looking for better quality and value, adding: "The failure of its clothing range has been a distraction for the retailer."
Consumer expert Kate Hardcastle added that the £1 sale "signals a business model that has struggled to keep pace with market forces".
Poundland was founded in 1990 in Burton Upon Trent and still has a strong presence in the Midlands.
There are 86 stores in London alone and 123 across the North West of England.
If the proposed closure plan goes ahead, that number could fall sharply over the next year.
- Connswater Shopping Centre, Belfast - closed in March 2024
- Macclesfield - closed in August, 2024
- Maidenhead - closed in October, 2024
- Sutton Coldfield - closed in October 2024
- Crystal Palace, Westow Street - closed February 2025
- Clapham Junction Station, London - closed May, 2
- Belle Valle Shopping Centre, Liverpool - closed May 6
- St George's Centre, Gravesend - closed May 8
- Southwark Park Road - closed May 14
- Copdock Mill Interchange, Ipswich - closed May 20
- Brackla, Wales - closed May 24
- Chiswick High Road - closed May 28
- Filton Abbeywood - closed May 31
- Surrey Quays - closed June 11
