Shoppers will no longer be able to visit the Jackson Square branch as its doors remain locked for good.
It comes less than seven months after the opening of the Poundland shop on October 21 last year.
The discount brand took over the former Wilko shop when Poundland agreed to take on the leases of 71 Wilko locations in September 2023.
Initially, the budget retailer planned to open 10 former Wilko sites as Poundlands, but more branches continued to pop up, including this one in Jackson Square.
A spokesman for Poundland revealed: “Sadly we’ve been unable to secure a long-term lease that would enable us to keep trading.”
They continued: “We know that will be disappointing to customers and colleagues alike.”
While the store closure could result in some job losses, Poundland claimed that it would look for other opportunities for those affected.
The store closure shocked some locals and employees, but it’s not the first of its kind to shut down.
Several stores in Ellesmere Port, Galashiels, Alfreton and the Sailmakers Shopping Centre in Ipswich have closed since Poundland snapped up the former Wilko shops.
Poundland in Alfreton, Derbyshire closed at the beginning of April after a similar six-month stint serving customers.
The short-lived branch failed to secure a long-term lease on its trading unit, as did the Bishops’s Stortford branch, resulting in job losses.
Responding to the store closure announcement on Facebook, one resident wrote: “It’s the staff I feel for… such nice people”. A second social media user proclaimed: “This is ridiculous.”
It’s not all bad news though as the popular discounter still has around 800 branches across the UK.
Poundland’s new look is part of “Project Evo”, which is expected to see 150 stores transformed by August.
New signage, flooring and lighting will freshen up the aesthetics, while many shops will get additional features like chilled food ranges and baby and kids clothing sections.
It marks the first significant investment in the affected stores for more than five years, the Rhyl Journal reported.
