Poundland has reversed its decision to close a store, bringing joy to its customers. The discount retailer is currently undergoing the closure of 68 branches following its acquisition by investment firm Gordon Brothers for £1. Among the stores marked for closure was the Poundland branch in Irvine, Scotland. However, Poundland has now announced that this particular store will remain open indefinitely.
Situated in the Rivergate Shopping Centre, the Irvine store was initially set to cease operations on September 14. Shoppers expressed their delight at the news, with one commenting, “Aww, this is fantastic news, I’m so pleased for all the girls who work there,” while another said, “omg buzzing.”
A Poundland spokesperson confirmed the store’s continued operation, stating, “We’re pleased to confirm that our Irvine store at the Rivergate Shopping Centre will remain open for the foreseeable future. The store was scheduled to close on September 14, but an agreement with the landlord allows us to continue trading. We appreciate the patience of our customers and colleagues during this time.”
Poundland has either closed or is planning to close a total of 57 stores since August as part of its restructuring efforts. The retailer, with approximately 800 stores prior to the sale, anticipates reducing its store count to between 650 and 700 through these closures and expiring leases.
In addition to store closures, Poundland will also shutter its distribution centre in Darton, South Yorkshire, and its national distribution centre in Bilston, West Midlands by early 2026. This move follows the introduction of a new simplified pricing structure, offering items at £1, £2, or £3, as part of Poundland’s strategy to return to its original business model.
The revised pricing system will roll out gradually across all UK stores, with prices reduced in pilot stores and a focus on customer-favorite products. The proportion of grocery items priced at £1 has increased to over 60% in the test stores, with the full implementation expected by September.
