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Evening Standard
Evening Standard
Business
Nuray Bulbul

Massive clearance sale as two London Poundland stores set to close

Poundland is set to close its stores in Mitcham and Sidcup as part of a major restructuring plan affecting dozens of locations across the UK.

The discount retailer, which was acquired by US investment firm Gordon Brothers earlier this year, is aiming to reduce its store count from around 800 to roughly 650–700, focusing on more profitable branches.

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