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A Poundland store

Poundland has confirmed that 52 additional branches will shut their doors permanently. The retailer will close 10 outlets for good on Sunday (August 10), with a further 15 stores shutting on August 17, and 12 more on August 24.

Additional closures are scheduled for later this month and into September . The closures form part of a restructuring programme launched by the company in June following its sale to investment firm Gordon Brothers for £1. A further 150 stores remain at risk of closure, with Poundland anticipating its estate will shrink to approximately 700 shops, reports the Express .

The new owners have put forward plans to eliminate frozen food lines, reduce chilled product offerings, shut distribution centres, cease online trading, and expand women'

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