Retailer said it was unable to secure new lease terms at Parc Prestatyn
Parc Prestatyn retail park(Image: Daily Post Wales)
Poundland is to close a store on a North Wales retail park. Poundland avoided collapsing into administration in August after its turnaround plan was approved days before the chain was due to run out of money.
This plan involved the closure of scores of shops across the UK. The store at Parc Prestatyn was not on the original closure list.
But the company says they’ve failed to secure new lease terms at the unit and it will close at the end of the year.
A spokesperson said: “Prestatyn store at Prestatyn Retail Park is due to close on 31 December with an extensive closing down sale now underway.”
The company said that it expects to operate a store network of 650-700 stores in time, compared to the 800 they had at the beginning of our restructuring process. Join the North Wales Live WhatsApp community group
Poundland’s UK retail manager Darren MacDonald said: “We know how disappointing it is when we leave a store, but before we close our doors for a final time, we’re determined to say goodbye by offering even more amazing value to customers.
Poundland in Prestatyn
“These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave locations like Prestatyn with pride. And when our doors close, we’ll look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK.”
The clearance sale at Prestatyn will offer reductions of up to 40%, with items marked down in price until they’re sold. It covers all the stock from homewares to groceries and clothing to health and beauty.
Will you be sad to see Poundland go – who would you like to see replace them? Share your thoughts in our comments section.
