Poundland Sale Could See Up To 200 Stores Close

The Times and The Telegraph have reported that up to 200 of Poundland's 825 loss-making stores may close when the business is sold.

In March 2025, parent company Pepco confirmed it was considering 'separation options' for Poundland and Dealz.  Corporate advisory firm Teneo is assisting the business with the sale, and bids are expected to be in place this week, with Endless, Hilco, Gordon Brothers and Modella Capital understood to have expressed interest. 

The Telegraph notes that a 'significant cash injection' would be needed to turn the Poundland business around, referencing an initial sum of 'between £70m and £100m in order to stabilise the company'.

A Pepco Group spokesman said: “As announced at the capital markets day on March 6, Pepco Group is moving away from fast-moving consumer goods to create a simpler business focused on higher-margin clothing and general merchandise and is actively exploring separation options for Poundland, including a potential sale, from the group.”

“With Barry Williams’ reappointment as managing director, Poundland is executing a turnaround programme to get the business back on track, focusing on its core heritage strengths and a simpler pricing proposition and customer offer.”

Source : Insight DIY

Image : nrqemi / Shutterstock / 1223281819

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