Poundland on verge of collapse as empty shelves line shop
Poundland on verge of collapse as empty shelves line shop

A Poundland shop in Warminster, Wiltshire, is pictured with empty shelves after the retailer failed to agree a new lease for the site. The store is due to close later this month, and the chain is reportedly unable to buy new stock to fill shelves after being blocked by its owners.

The discount retailer has filed a notice of intention to appoint administrators, which protects it from creditors until Thursday. Shoppers have expressed disappointment at the closure.

Shoppers React to Closure

One shopper said: “I couldn’t believe that the store was closing – it’s always been so popular. I was shocked to walk in and find the shelves already bare. There’s barely anything left.”

Another added: “We’ve been coming in here since it opened and I’m really sad that it’s going. The staff have always been so friendly and helpful – I feel for them, I really do. We’re really angry at this closure. It’s a staple for us and another loss to the high street.”

Staff Face Limited Opportunities

A member of staff, who did not wish to be named, said employees were competing for limited positions elsewhere. They said: “We have the Midsomer Norton store closing so it means less opportunities for us. It is sad but what can we do.”

A Poundland spokesperson previously confirmed the closure to the Wiltshire Times, stating: “The store at 17 Market Place in Warminster is due to close on 21 November. I’m afraid this is because we’ve been unable to agree a new lease for the premises. We know how disappointing this will be for customers and colleagues alike.”

Wider Financial Troubles

The closure is not related to the retailer’s wider financial troubles, which saw the company enter administration in October. Poundland has said it is working with affected staff through a consultation process.