Poundland launches clearance sale as it gives closure update
Poundland has launched a clearance sale as one of its stores is due to close. It comes after a slew of Poudland stores shut across the country.
Poundland is set to close yet another one of its UK stores. While it shut more than 100 stores across the country as part of a massive shakeup, this closure is happening for a separate reason. The chain closed nearly 150 stores throughout 2025 and the start of 2026 as it aimed to improve its financial standing. It comes after the chain was bought by investment firm Gordon Brothers last summer for just £1.
The discount store chain recently confirmed that its nationwide closures had wrapped up and that its store count had fallen from 800 to 651 as a result. However, the chain confirmed another store is set to close, this time due to the failure to secure an ongoing lease. The Poundland store at Two Saints Retail Park in Ormskirk will close at the end of March, the chain has confirmed. A closing-down sale has since been launched, allowing locals to buy goods at reduced prices.
A spokesperson for the company told the Daily Express: “We recently announced that the Ormskirk store was to close after we were unable to agree terms with the landlord, who, we assume, has other plans for the unit.”
Customers can get up to 40% off some items in the local Poundland store before its closure, Lancashire Post reports.
Poundland was one of many high street names to shut a slew of stores in 2025 and 2026. Most notably, River Island and Claire’s also shut a raft of stores around the country, blaming various factors such as changing customer habits.
The company announced in January that closures resulting from its restructuring will end, and any closures thereafter are “a consequence of standard business-as-usual lease events expected at a retailer with a large store network”.
Poundland managing director Barry Williams said: “While there’s been significant progress as we refocus and re-energise the business with lower prices and a sharper offer, we know we still have much to do.
He added that the chain’s focus on their costs has, “without doubt, given us a platform for future growth, but no sustainable turnaround can be based on cost management alone.
“That’s why our focus in 2026 will be on delivering the kind of ranges and price simplicity our customers want right across the store – in clothing, homewares, as well as our core grocery aisles.”
