A popular bargain outlet is set to open inside a former Big Lots store in Middletown.Ollie's Bargain Outlet announced earlier ...

Poundland is set to close 37 stores next month in a restructuring plan under new owners Gordon Brothers. They are among 68 stores that were earmarked for closure in a plan drawn up after Gordon ...

Poundland has launched an online clearance sale with items starting from just 10p The sale comes as the retailer prepares to close dozens of stores amid restructuring New owners Gordon Brothers ...

A full list of 49 Poundland stores closing for good in August have been announced. It comes after Polish owner Pepco Group sold Poundland to US investment firm Gordon Brothers for £1 after a ...

Poundland was sold to investment firm Gordon Brothers for £1 earlier this year and quickly announced a restructuring plan.

The overhaul Gordon Brothers has put forward would reduce Poundland's estate of around 800 UK stores to between 650 and 700, in addition to other cost-cutting measures.

In late June, Gordon Brothers laid laid out the details of the plan, which included closing 68 stores and negotiating rent reductions at a number of other locations.

Poundland runs around 800 stores across the UK and Ireland, but it is slimming down its operations under new owners Gordon Brothers who have plans to reduce the number of shops to between 650 and 700.