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Poundland puts 44 stores into temporary hibernation

Poundland has put 44 of its stores into temporary hibernation following a drop in footfall due the coronavirus pandemic. The retailer said it has seen an… View Article

GENERAL MERCHANDISE

Poundland puts 44 stores into temporary hibernation

Poundland has put 44 of its stores into temporary hibernation following a drop in footfall due the coronavirus pandemic.

The retailer said it has seen an 80% drop in the number of shoppers visiting its stores.

Austin Cook, Poundland retail director, said: “We learned valubale lessons during the lockdown in March about how buying patterns change as people stick to government advice to stay at home.

“Putting a small numbers of stores into hibernation helps proect them for the longterm and focuses our attention on the majority of stores that remain open to serve their neighbourhoods.

“We hope this lockdown is short and we can re-open our hibernating stores as quickly as possible and we remain grateful for the vital support schemes available to us that help protect jobs.”

Poundland said staff from the affected stores will be put on furlough where appropriate.

 

 

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