High Street

Poundworld distribution centres for the chopping block

The administrators of Poundworld, Deloitte, have announced that the retailer’s distribution centre operations will be closing on Friday 20 July.

They also announced the closure of a further 78 stores, which will see 907 employees lose their jobs when the stores shutter on either Thursday 26 July or Sunday 29 July.

Further to this, the balance of 112 stores are scheduled to close by 10 August. Employees will be informed directly as to the exact date of individual closures, which will ultimately result in the redundancies of 1,432 employees.

The business originally operated from 335 stores and employed around 5,100 people.

Discussions will continue between the administrators and interested parties for the potential sale of parts of the remaining business.

The administrators previously announced:

–      The closure of 25 stores, announced 10 July 2018 (242 redundancies)

–      The closure of 80 stores, announced 13 July 2018 (1,024 redundancies)

–      The closure of 40 stores, announced 17 July 2018 (531 redundancies)

Clare Boardman, joint administrator, said: “We would like to thank all the employees for their continued support and commitment during this difficult time. We are keeping staff appraised of developments as they happen.”

List of store closures and redundancies (announced 19 July 2018) – to close on 26 or 29 July

Location Total Headcount
Accrington 11
Alloa 12
Armagh 18
Aylesbury 7
Ayr 13
Barnsley 9
Barnsley 9
Blyth Pw 7
Bracknell 8
Bradford 16
Brighouse 11
Bristol Bradley Stoke 13
Clydebank 13
Colwyn Bay 8
Cookstown 12
Cramlington 6
Crossgates 7
Darlington 11
Dartford 23
Derby 13
Doncaster Bb 19
Durham 14
Edinburgh 10
Ellesmere Port 12
Exeter 13
Falkirk 12
Gosport 10
Gravesend 14
Hamilton 10
Hemel Hempstead 10
Hereford 13
Hull 7
Leeds 12
Leith 10
Leith 9
Llanelli 18
Londonderry 15
Manchester Fort 14
Mansfield 7
Middlesbrough 17

 

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