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Business
26 October 2025

Poundland Closures Shake UK High Streets In 2025

As rising costs and online shopping drive a record wave of shop closures, Poundland and other UK retailers shutter dozens of stores in a bid to survive.

The United Kingdom’s high streets are bracing for another turbulent season as a wave of permanent store closures sweeps across the nation, with budget retailer Poundland at the center of the storm. The latest round of shutdowns, spanning late October through December 2025, signals deepening challenges for brick-and-mortar retailers already battered by soaring costs and the relentless advance of online shopping.

According to the Centre for Retail Research, a record 17,349 shop closures are forecast for 2025—a sobering statistic that underscores the scale of the crisis. Professor Joshua Bamfield, Director of the Centre, offered a stark assessment earlier this year: “The problems of changed customer shopping habits, inflation, rising energy costs, rents and business rates have continued and forced many retailers to cut back even more strongly in 2025.”

Poundland, a staple of the British high street since its founding in 1990, is among the most visible casualties. The company, which began a major restructuring in June after being acquired by American advisory firm Gordon Brothers, has announced the closure of 68 out of its 800 stores. The recovery plan, launched in response to mounting financial pressures, has already seen dozens of locations shuttered and more are set to follow in the coming weeks.

The closures are hitting communities across the UK. In Blackpool, the Poundland store at Cherry Tree Retail Park closed its doors on October 25, 2025, citing an expired lease and the broader restructuring effort. Shoppers in Deal (Kent) and Thurrock faced similar losses as their local Poundland stores shut down on October 27, also coinciding with the end of unit leases. Walsall’s St Matthew’s Quarter saw its Poundland branch close on October 29, although a second store in the town center remains open for now.

The domino effect continues into November. Matlock’s Poundland, one of 18 additional closures announced for the month, will trade for the last time on November 2. On November 9, two more sites—Carlisle’s St. Nicholas Gate Retail Park and Burnley’s Princess Way Retail Park—will close, with Burnley offering an “extensive clearance sale” to clear out its remaining stock. Witham’s branch will close on November 12, followed by Sidcup on November 14. The Sidcup closure, in particular, has been linked to “high levels of shoplifting” in addition to the broader economic headwinds facing the sector.

Leicestershire is also feeling the pinch. Poundland’s Market Street store in Loughborough will close on November 14, while the Nottingham Street branch in Melton Mowbray will continue trading until December 4. Both locations are holding clearance sales with discounts of up to 40 percent on all items, from homewares to groceries and clothing. The sales began on October 24 in Melton Mowbray and a day later in Loughborough, with items marked down until they are gone.

This is part of a larger trend, as the company winds down its main 68-store closure program—a process that saw 57 stores close by September 28 and 11 more placed on hold. Other recent casualties include the Market Harborough store, which closed on October 9, the Belgrave Gate branch in Leicester city center, which shut on October 17, and the Charles Street store, which closed back in August. Despite these losses, Poundland still expects to operate between 650 and 700 stores across the UK, down from 800 at the start of its restructuring.

Nottinghamshire is experiencing similar upheaval. The Beeston Poundland on High Road will close on November 27, with clearance sales already underway. This follows earlier closures in Kimberley and Long Eaton, leaving the nearest alternative for Beeston shoppers at Chilwell Retail Park. The Beeston closure is emblematic of the broader Poundland recovery plan, which aims to rescue the underperforming business through targeted shutdowns and aggressive cost-cutting.

Throughout these changes, Poundland’s leadership has sought to reassure customers. Darren MacDonald, the company’s retail director, has repeatedly acknowledged the disappointment felt by local communities. As he explained, “We know how disappointing it is when we leave a store, but before we close our doors for a final time, we’re determined to say goodbye by offering even more amazing value to customers.” He added, “The special reductions, on top of the value we provide in every store, will help us leave locations we’re leaving with pride. And when we close our doors, we look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK.”

It’s not just Poundland feeling the strain. Outdoor clothing retailer Trespass is closing its store in Watford’s Harlequin Shopping Centre on October 31, with a major “everything must go” clearance sale underway. The closure, described as a commercial decision, is yet another sign of the “great retail reset” industry analysts have described—a period marked by sweeping changes in consumer behavior, rising operational costs, and the growing dominance of e-commerce.

The Centre for Retail Research’s Professor Bamfield warned earlier this year that while 2024’s store closure figures were not as dire as those seen in 2020 or 2022, the outlook for 2025 is “still disconcerting, with worse set to come.” The numbers bear out his concerns: with 17,349 shop closures forecast for 2025, the UK’s retail landscape is set for its most dramatic transformation in a generation.

Poundland’s restructuring has been particularly swift. After the company’s acquisition by Gordon Brothers in June 2025, the recovery plan kicked into high gear. The focus has been on closing underperforming locations, negotiating with landlords as leases expire, and concentrating resources on the most viable stores. As a result, the retailer’s footprint will shrink, but leadership insists it will remain a major presence on the high street.

For shoppers and local communities, the closures are more than just statistics—they’re a tangible loss. Familiar storefronts, once bustling with activity, now stand empty or are plastered with clearance sale signs. The economic and social impact is keenly felt, especially in towns and neighborhoods where such stores provided not just affordable goods, but also jobs and a sense of community.

As the festive season approaches—a period traditionally seen as make-or-break for many retailers—the stakes have never been higher. The hope, at least among those chains still standing, is that a surge in holiday spending might offer a temporary reprieve. But with inflation, energy costs, and online competition showing no signs of abating, the challenges facing the UK’s high streets are unlikely to fade anytime soon.

For now, shoppers can still find bargains in the final days of clearance sales, and Poundland’s leaders promise to welcome customers at the hundreds of stores that will remain. But as the retail landscape shifts beneath their feet, both businesses and consumers are left to wonder: what will the next chapter hold for Britain’s embattled high streets?