Major high street chain with 800 stores to close 11 shops TODAY as 48 to shut for good.

According to The Sun: The Poundland chain is closing 11 branches as part of a major restructuring.

The company has started massive sales, with prices in some stores reduced by up to 75%.

This follows the company confirming the closure of 48 stores this month. Just in August, it closed 37 branches, and today adds another 11.

Poundland currently has about 800 stores across the country but plans to reduce that number to 650-700. This includes 68 stores that will close by mid-October, as well as additional ones that will close when their leases expire and are not renewed.

This news comes after Poundland was rescued from bankruptcy this week.

The High Court approved restructuring plans just days before the company was set to run out of cash.

Lawyers had warned that the chain needed approval for store closures, rent reductions, and staff layoffs to avoid a cash shortfall by September 7.

Poundland was bought by Gordon Brothers for £1 in June, who announced a £90 million investment to rescue the business. The court-approved restructuring plan involves closing 68 stores, cutting 1,000 jobs, and closing two warehouses, affecting 350 employees.

Online sales will also be halted, and rent for unprofitable stores will be reduced. Poundland began closing stores for savings but still needed to pay rent. Now that the restructuring is approved, the company can walk away from these leases to reduce costs.

Another 16 stores, the closure of which has not yet been confirmed, are also slated for closure. The restructuring includes cutting rent on 180 stores and discontinuing the sale of frozen goods and online shopping.

Which Poundland stores are closing?

Below is a list of Poundland stores that are closing or have already closed.

Closed August 10:

• Ammanford
• Birmingham Fort
• Cardiff Valegate
• Cramlington
• Leicester
• Long Eaton
• Port Glasgow
• Seaham
• Shrewsbury
• Tunbridge Wells

Closed August 17:

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

Closed August 24:

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

Closed August 31:

• Blackburn
• Cookstown
• Erdington
• Kimberley Shopping Centre, Nottingham
• Horsham
• Hull Holderness
• Kettering
• Omagh
• Shepherds Bush
• Southport
• Taunton

The frozen goods distribution center in Darton will also close later this year. This means that online shopping and the sale of frozen goods will no longer be available at Poundland. The national distribution center in Bilston will close in early 2026.

From September 16, customers will no longer be able to order products online, and the Poundland Perks loyalty program will be canceled. Customers subscribed to the Poundland Perks app will be able to use their reward vouchers until January 15, 2026.

Despite the struggles, Poundland plans to expand its £1 product range, particularly in women’s clothing and seasonal items, if the restructuring goes successfully.