THREE Somerset branches of budget store Poundland are closing in the next two months.
Stores in Portishead and Weston-super-Mare will shut for good on Christmas Eve, while a branch in Middle Street, Yeovil, will close on January 16.
It comes after the chain was bought by investment firm Gordon Brothers in June for just £1.
The firm later said it needed to shut about 100 shops to avoid Poundland going into administration, as it attempted to negotiate lower rents on stores up and down the country.
Previously, branches in Taunton and Wells closed. However, branches in Nailsea and on the Houndstone Retail Park in Yeovil will stay open.
READ MORE: Business news from your Somerset Leveller
A joke,when on low income,enough is enough. Buying pound land for a pound well your a joke
That’s really sad poundland is a very popular shop and about the only shop some of us can afford to go to,sadly its gone worse sp little shops open the place is just full of nail bars ,take aways,barbers,and vape shops,and charity shops,Rents should be lowed to bring back the retailers because what’s the point in spending milloms/ billions landscaping town centres when there’s no shops to visit???
Interesting to know why as the Middle street branch is always modrutly busy when ever I go in. As I’ve said elsewhere their business model seems to have been failing since lockdown and probably wasn’t helped when they bought their first competitor 99p stores