Poundland has confirmed it will close 68 stores as part of a major restructure. The budget chain will also seek rent reductions at a number of other locations. On top of this, Poundland will also look to close its distribution centre at Darton, South Yorkshire and its national distribution centre at Bilston in the West Midlands in early 2026. It has not yet been revealed how many staff will be impacted. The restructuring plan would need to be approved by the High Court before it can go ahead.