Recent events
Recent events tied to this brand in public sources.
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2026
Poundland directors file notice of intention to appoint administrators
Poundland's directors are filing a notice of intention to appoint administrators. If approved by the High Court, the notice would give the business 10 days to seek a rescue deal.
2026
Poundland confirms rescue talks as management pursues buyout with Martin Property Group
Poundland confirmed it is in talks with potential buyers as it seeks a rescue deal. Managing director Barry Williams, the firm's leadership team and former Pepco chairman Andy Bond are working with Irish real estate firm Martin Property Group, the management team's preferred partner, on a management buyout, while the current owners seek buyers; the chain was sold for £1 by previous owner Pepco to Gordon Brothers last summer. The Usdaw union warned the retailer could fall into administration if the buyout fails, putting thousands of jobs at risk, and said it was told the management's offers were being turned down; a Poundland source disputed this, saying Martin Property Group is part of the sale process and remains the management team's preferred partner.
2022
Poundland acquires Poundshop.com
Poundland acquired online discount retailer Poundshop.com. The deal includes its intellectual property, online platform, fulfilment operations and customer database; Poundshop.com was to continue trading under its own brand in the immediate future.
2021
Poundland closes 44 stores temporarily
Poundland is closing 44 stores nationwide, including stores in Norwich and Lowestoft, and putting them into “hibernation” during the coronavirus pandemic.
2020
Poundland announces frozen and chilled ranges for 19 more stores
Poundland announced that 19 additional stores would receive frozen and chilled ranges between the announcement and the end of August, at a pace of about five stores per week.
2020
Poundland temporarily closes 32 stores
Poundland temporarily closed 32 stores nationally, including its Meadowhall and Rotherham stores in South Yorkshire. The company said it would close stores in certain locations or where closures would help streamline distribution operations.
2020
Poundland closes its Greyhound Retail Park store
Poundland closed one of its Chester stores at Greyhound Retail Park on March 31, 2020.