Poundland closing 30 shops this month - exact dates confirmed

Poundland closing 30 shops this month - exact dates confirmed

A high-street retailer has confirmed that 52 more of its stores will close. Poundland will close 10 sites for good today (August 10), 15 stores on August 17, and 12 stores on August 24. There are more closures later this month and in September.

The closures are part of a restructuring plan that the company launched in June after it was sold to investment firm Gordon Brothers for £1. Poundland is expected to reduce its portfolio to around 700 stores, with up to 150 stores at risk of closure.

The new owners have proposed axing frozen foods, reducing chilled foods, closing distribution centres, not selling online and providing more women's wear and seasonal ranges, reports the Express.

This week, the retailer launched a maj