Overall, Poundland is closing 68 branches as part of a wider restructuring overhaul being conducted by the business' new owners Gordon Brothers. Darren MacDonald, retail director at Poundland, previously shared: "It is of course, sincerely regrettable that our recovery plans include any store closures, but sadly that's necessary if we're to achieve our goal of securing the future of thousands of jobs and hundreds of stores. "It goes without saying that we will work closely with colleagues through a formal consultation process in stores scheduled to close, exploring any suitable alternative roles." Based on data from PwC, Britain saw a stabilisation in net store closures last year with the lowest number of locations shutting down in a decade, apart from 2022.