Author: Shanice Lee

The discount retailer Poundland has declared its period of widespread store closures complete, with the chain now operating from 651 locations following a restructuring programme that saw nearly 150 sites close and more than 2,000 jobs lost. The company, which narrowly avoided administration last year before securing High Court approval for a turnaround plan in August, previously ran approximately 800 shops. Staff numbers have reduced from 14,200 to around 12,000. Two of Poundland’s four distribution centres were also shut as part of the overhaul, including facilities in Darton, South Yorkshire, and Springvale in Bilston, West Midlands. The customer service centre…