Poundland is closing 15 stores today in a major blow to fans of the discount chain.

The budget retailer has been sold for £1 to investment firm Gordon Brothers, the former owner of Laura Ashley. As a result, Poundland subsequently announced that it will permanently shut 68 of its branches.

Poundland has been slowly revealing the locations of the affected branches. It closed down ten stores on August 10, and a further 15 more stores will close their doors for good today.

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Poundland will then pull down the shutters on a further ten sites on August 24, followed by 11 more branches on August 31, plus one more on September 14.

Three of the branches included in the 68 that were earmarked for closure had already been shut down prior to the announcement from Poundland.

It means so far, we know the locations of 52 branches that are due to close, or have already shut. Poundland had around 800 stores before it was sold. The latest closures, alongside leases expiring, will see its store estate reduced to between 650 and 700.

Poundland 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 will also close its distribution centre at Darton, South Yorkshire and its national distribution centre at Bilston in the West Midlands in early 2026.

In a statement issued about the sale of Poundland, Stephan Borchert, Pepco Group chief executive, said: “This transaction will strongly support our accelerated value creation programme by simplifying the group and focusing on our successful Pepco business.

“Poundland remains a key player in UK discount retail, with millions of customers annually and a well-loved brand and proposition.

“We want to sincerely thank all the Poundland team for their ongoing commitment and contribution to the group and wish Barry Williams and his team all the best for the future.”

Closing on August 17

• Bedford
• Bidston Moss
• Broxburn
• Craigavon
• Dartmouth
• East Dulwich
• Falmouth
• Hull St Andrews
• Newtonabbey
• Perth
• Poole
• Sunderland
• Stafford
• Thornaby
• Worcester

Closing on August 24

• Brigg
• Canterbury
• Coventry
• Newcastle
• Kings Heath
• Peterborough
• Peterlee
• Rainham
• Salford
• Sheldon
• Wells
• Whitechapel

Closing on August 31

• Blackburn
• Cookstown
• Birmingham
• Nottingham
• Horsham
• Hull
• Kettering
• Omagh
• Shepherds Bush
• Southport
• Taunton

Closing on September 14

• Irvine

• Swiss Cottage
• Chiswick
• Southampton West Quay
• Ammanford
• Birmingham Fort
• Cardiff Valegate
• Cramlington
• Leicester
• Long Eaton
• Port Glasgow
• Seaham
• Shrewsbury
• Tunbridge Wells