{"id":1218,"date":"2025-04-20T15:16:09","date_gmt":"2025-04-20T15:16:09","guid":{"rendered":"http:\/\/www.phithuongbatphu.com\/?p=1218"},"modified":"2025-04-23T01:25:34","modified_gmt":"2025-04-23T01:25:34","slug":"popular-discount-store-announces-more-store-closures-in-blow-to-high-street","status":"publish","type":"post","link":"http:\/\/www.phithuongbatphu.com\/index.php\/2025\/04\/20\/popular-discount-store-announces-more-store-closures-in-blow-to-high-street\/","title":{"rendered":"Popular discount store announces more store closures in blow to high street"},"content":{"rendered":"<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"433\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22940048 lazyload\" alt=\"London,UK- February 23, 2021- The retail shop of Poundland in London.Poundland is a British store chain selling most items at the single price of ??1, including clearance items and proprietary brands.\" loading=\"lazy\" data-src=\"http:\/\/www.phithuongbatphu.com\/wp-content\/uploads\/2025\/04\/SEI_248203872-f409.jpg\">\t<\/div><figcaption>The chain&#8217;s profits tumbled by \u00a3641 million from the period from January to September last year (Picture: Getty Images)<\/figcaption><\/figure>\n<p>Two high streets have <a href=\"https:\/\/metro.co.uk\/2025\/04\/05\/full-list-store-closures-april-2025-aldi-wh-smith-22855244\/\">been rocked by news<\/a> that a discounter retailer is closing some of its branches.<\/p>\n<p><a data-track=\"inline-tag-auto-link_article\" href=\"https:\/\/metro.co.uk\/tag\/poundland\/\">Poundland<\/a> has announced the closure of two more branches in the south of <a href=\"https:\/\/metro.co.uk\/tag\/england\/\" data-track=\"inline-tag-auto-link_article\">England<\/a>.<\/p>\n<p>The move has sparked huge discounts at the stores, with prices cut to as low as 50% off.<\/p>\n<p>One branch is closing in St George&#8217;s Centre in Gravesend, Kent, where customers have been spotted queuing to snap up the cheap deals.<\/p>\n<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"388\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22940166 lazyload\" alt=\"NEWS [UK] Popular discount store announces more store closures in blow to high street\" loading=\"lazy\" data-src=\"http:\/\/www.phithuongbatphu.com\/wp-content\/uploads\/2025\/04\/SEI_248209749-0b7c.jpg\">\t<\/div><figcaption>Two Poundlands are shutting up shop in the coming weeks (Picture: MetroUK)<\/figcaption><\/figure>\n<p>Multiple signs declaring a &#8216;closing down sale&#8217; have been plastered over the shop windows.<\/p>\n<p>Every item is now half price and there were huge queues to get into the discount store yesterday to grab those last minute deals, <a href=\"https:\/\/www.kentonline.co.uk\/gravesend\/news\/discount-retailer-to-close-another-kent-store-323169\/\">KentOnline reports.<\/a><\/p>\n<p>This follows another Kent closure in Broadstairs last month.<\/p>\n<p>The chain said this was because they had been unable to &#8216;secure a long-term lease&#8217; at the site.<\/p>\n<p>These closures have being offset by plans&nbsp;to take over a former&nbsp;Debenhams store in New Road, Gravesend.<\/p>\n<p>The other Poundland being slashed is at Clapham Junction station.<\/p>\n<p>The branch at the bustling train station will close on May 2 after three years there.<\/p>\n<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"431\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22940045 lazyload\" alt=\"Entrance to Poundland supermarket on the High Street. Showing logo and branding. Spring day. Billericay, Essex, United Kingdom, April 2, 2020\" loading=\"lazy\" data-src=\"http:\/\/www.phithuongbatphu.com\/wp-content\/uploads\/2025\/04\/SEI_248203787-55dd.jpg\">\t<\/div><figcaption>Poundland was founded in 1990 (Picture: Getty Images)<\/figcaption><\/figure>\n<div class=\"factbox\" data-ico=\"factbox_article\" data-track-module=\"factbox_article\">\n<h2 class=\"factbox-title\">\n\t\t\t\tLatest London news\t\t\t<\/h2>\n<div class=\"factbox-content\">\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/metro.co.uk\/2025\/04\/20\/huge-fire-engulfs-two-flats-east-london-block-22940983\/\">Huge fire engulfs two flats in east London block<\/a><\/li>\n<li><a href=\"https:\/\/metro.co.uk\/2025\/03\/27\/fungus-infected-zombie-spiders-invaded-london-22801577\/\"><\/a><a href=\"https:\/\/metro.co.uk\/2025\/03\/29\/heathrow-airport-face-disruption-easter-strikes-announced-22815826\/\"><\/a><a href=\"https:\/\/metro.co.uk\/2025\/04\/20\/chinese-spies-bugging-londons-pubs-park-benches-security-sources-say-22940560\/\">Chinese spies are \u2018bugging London\u2019s pubs and park benches,\u2019 security sources say<\/a><\/li>\n<li><a href=\"https:\/\/metro.co.uk\/2025\/04\/01\/three-killed-car-crashes-bus-sparks-huge-inferno-22826874\/\"><\/a><a href=\"https:\/\/metro.co.uk\/2025\/04\/01\/three-killed-car-crashes-bus-sparks-huge-inferno-22826874\/\"><\/a><a href=\"https:\/\/metro.co.uk\/2025\/04\/08\/inside-plans-revamp-london-liverpool-street-station-22872616\/\">Inside the plans to revamp London Liverpool Street station<\/a><\/li>\n<\/ul>\n<p><em><strong>To get the latest news from the capital visit Metro&#8217;s<\/strong><a href=\"https:\/\/metro.co.uk\/tag\/london\/\" target=\"_blank\" rel=\"noreferrer noopener\"> London news hub<\/a>.<\/em><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>A closing-down sign inside the&nbsp;store&nbsp;states: &#8216;We&#8217;re closing May 2. Don&#8217;t worry, we have another great store in the Southside Shopping Centre near Specsavers!&#8217;<\/p>\n<p>Poundland told <strong>Metro<\/strong>: &#8216;Poundland operates from over 800 locations across the UK and Ireland and wth so many outlets, it will be no surprise that we constantly review our store portfolio as leases expire or come up for renewal.&#8217;<\/p>\n<p>A Poundland spokesperson <a href=\"https:\/\/www.thesun.co.uk\/money\/34546311\/poundland-to-shut-another-branch\/\">added to The Sun<\/a>: &#8216;We know how disappointing our closure at Clapham Junction will be to customers and we looking forward to welcoming them to our store nearby at the Southside shopping centre in Wandsworth.&#8217;<\/p>\n<p>This high street disappoint comes after a Poundland in Belfast was forced to close after the Connswater Shopping Centre was put into receivership.<\/p>\n<p>Another store in the Belle Valle shopping centre in Liverpool is also preparing to vacate.<\/p>\n<p>They will be leaving the site on May 6 after they were served notice on the lease.<\/p>\n<figure class=\"img-container shareable-item wp-caption\">\n<div class=\"img-wrap\">\n\t\t<img decoding=\"async\" width=\"646\" height=\"422\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"article-image wp-image-22940046 lazyload\" alt=\"London, UK - June 15, 2023: Poundland discount shop, Camberwell, South London, UK.\" loading=\"lazy\" data-src=\"http:\/\/www.phithuongbatphu.com\/wp-content\/uploads\/2025\/04\/SEI_248203779-8b9a.jpg\">\t<\/div><figcaption>Discounts are as high as 50% in one closed down store (Picture: Getty Images)<\/figcaption><\/figure>\n<p>Poundland&#8217;s struggles come as parent company Pepco group, a Polish company, said it was looking at &#8216;all strategic options&#8217; to separate itself from Poundland.<\/p>\n<p>The chain&#8217;s profits tumbled by \u00a3641 million from the period from January to September last year.<\/p>\n<p>Poundland also suffered a slump in sales after their revenue fell by 9.3% from October to December last year.<\/p>\n<p>Poundland&#8217;s struggles follows a turbulent time for a<a href=\"https:\/\/metro.co.uk\/tag\/store-closures\/\">&nbsp;string of high street giants<\/a>.<\/p>\n<p><a href=\"https:\/\/metro.co.uk\/2025\/03\/15\/full-list-26-new-look-stores-closing-2025-22720180\/\">New Look<\/a>&nbsp;has announced 26 stores are losing down in 2025, with 90 \u2018at risk\u2019 when their leases expire.<\/p>\n<p>Rival fashion brand&nbsp;<a href=\"https:\/\/metro.co.uk\/2025\/02\/22\/people-react-to-closure-of-uk-clothing-retailer-with-same-baffled-response-22608162\/\">Quiz shut 23 stores<\/a>, a third of its total, in February after falling into administration.<\/p>\n<p>The retailer cited reduced spending among its customers from the cost of living crisis for the decision.<\/p>\n<p class=\"\"><strong><strong><strong>Get in touch with our news team by emailing us at <a rel=\"noreferrer noopener\" href=\"mailto:webnews@metro.co.uk\" target=\"_blank\">webnews@metro.co.uk<\/a>.<\/strong><\/strong><\/strong><\/p>\n<p class=\"\"><strong>For more stories like this, <\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/metro.co.uk\/news\/\" target=\"_blank\"><strong>check our news page<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The chain&#8217;s profits tumbled by \u00a3641 million from the period [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-london"],"_links":{"self":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/1218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/comments?post=1218"}],"version-history":[{"count":3,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/1218\/revisions"}],"predecessor-version":[{"id":1225,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/posts\/1218\/revisions\/1225"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/media\/1220"}],"wp:attachment":[{"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/media?parent=1218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/categories?post=1218"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.phithuongbatphu.com\/index.php\/wp-json\/wp\/v2\/tags?post=1218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}