Poundworld to close 80 more shops with more than 1,000 jobs lost

Business

Poundworld‘s administrators have announced the firm will shut 80 more stores, on top of 25 previously announced closures

Some 1,024 employees will be affected by the decision, bringing the total number of redundancies from stores shutting down to 1,266.

Deloitte partners Clare Boardman and Daniel Butters have been trying to find a buyer for the business since it fell into administration in June. 

The administrators said the closures would not impact the potential sale for parts of the business, and said they are still in discussions with interested parties, including for the potential sale of the head office and distribution centres. 

Ms Boardman said: “Whilst we remain hopeful that a sale for part, or parts, of the business can still happen, it has not been possible to sell the business as a whole. We would like to thank all the employees for their continued support and commitment during this difficult time. We are keeping staff appraised of developments as they happen.”

The stores are set to be closed in a “phased” process between the 20 July to 22 July, and will bring the total number of Poundworld shops still open to 230.

The following locations have been added to the list of stores shutting:

Aberdeen

Banbury

Banbury

Bexley Heath

Birkenhead

Blackburn

Bloxwich

Blyth Bb

Bolton

Bolton Breightmet Rp

Bootle

Bradford

Bradford

Bristol

Bristol

Bude

Burton Upon Trent

Canterbury

Cardiff

Chelmsford

Chester

Corby

Coventry

Coventry

Cramlington

Dagenham

Darlington

Dewsbury

Fleet

Fulham

Gateshead

Glasgow

Gloucester

Greenock

Grimsby

Harlow

Harrogate

Havant

Hinckley

Huddersfield

Huddersfield

Inverness

Jarrow

Kings Lynn

Kirkby

Leeds Crown Point

Leeds Kirkgate

Leeds Kirkstall Rd

Leicester

Leicester (Bb)

Liverpool

Livingston

Llanelli

Llantrissant

London Archway

Manchester

Merry Hill

Merthyr Tydfil

Middlesbrough

Northampton

Norwich

Nottingham

Portsmouth

Rotherham Duk

Seacroft (Leeds)

Selby

Sheffield

Shepherds Bush

Shrewsbury

Shrewsbury

Slough

South Shields

Southport

St Albans

Stocksbridge

Sunderland

Sutton

Swinton

Watford

Wood Green

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