Poundworld sale. Stores to close in 2 weeks.
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Poundworld sale. Stores to close in 2 weeks.

101
Refreshed 16th Jun (Posted 14th Jun)
I have it on good authority that poundworld are starting their admin sale on friday.

30% off general
20% off gardening.

Stores to close on the 29th june.
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Everything worth £1 marked at £5. Then discount. No wonder they are closing down. Voted hot.
Edited by: "sam_of_london" 14th Jun
34021003-STCsk.jpg
Popped into the Castleford branch today, it was rammed with customers, got a few bits that I would have got anyway.

Total was £13,40, so a total saving of £1.60. Wooo. Most things aren't reduced at all but they have at least clearly marked what is.
Food, drink, toiletries, washing products, cleaning products and much more is still the same price. Basically just pets, diy and garden stuff are reduced.
101 Comments
Everything worth £1 marked at £5. Then discount. No wonder they are closing down. Voted hot.
Edited by: "sam_of_london" 14th Jun
Might pop in & have a look.
Moved to misc until confirmed. Thanks
Nooooooooooooooooo! Gonna miss Poundworld so much!
Edited by: "chuckiedoll" 14th Jun
deleted196290714th Jun

There has not yet been a confirmed date for poundworld closing.


Should be officially announced tomorrow
I know right. So many pound shops are not really so called ‘poundshop’ anymore.
34021003-STCsk.jpg
Popped into the Castleford branch today, it was rammed with customers, got a few bits that I would have got anyway.

Total was £13,40, so a total saving of £1.60. Wooo. Most things aren't reduced at all but they have at least clearly marked what is.
Food, drink, toiletries, washing products, cleaning products and much more is still the same price. Basically just pets, diy and garden stuff are reduced.
It’s a sad state of affairs when pound shops are closing!
MonkeysUncle23 h, 30 m ago

[Image]


You should probably ask for it to be moved back to deals. I was in a store on Wednesday there was nothing left.


ASongOfFireAndIce13 h, 44 m ago

It’s a sad state of affairs when pound shops are closing!


It’s a difficult business model, saturate the market with store some in expensive locations, rents £100k a year in some of their stores, add rates and utilities and even before staff that’s a lots of items for a quid.

Now add on the stock, what cost a pound 10 years ago has to cost a pound today, can it really that’s why they branched out to other prices. You can’t keep costs that low eventually you product sizes have to get smaller, buy more on the grey market and compete with the new players like home bargains and b&m who became national retailers, becomes more difficult.
Edited by: "eslick" 16th Jun
We still got pound land for now
eslick8 h, 34 m ago

You should probably ask for it to be moved back to deals. I was in a store …You should probably ask for it to be moved back to deals. I was in a store on Wednesday there was nothing left. It’s a difficult business model, saturate the market with store some in expensive locations, rents £100k a year in some of their stores, add rates and utilities and even before staff that’s a lots of items for a quid. Now add on the stock, what cost a pound 10 years ago has to cost a pound today, can it really that’s why they branched out to other prices. You can’t keep costs that low eventually you product sizes have to get smaller, buy more on the grey market and compete with the new players like home bargains becomes more difficult.


True and there lots of “pound shops” also
MonkeysUncle19 h, 28 m ago

[Image]


Thanks, Sorry i was off yesterday but have now moved back to deals and bumped to the top of new
Are all poundworlds closing?
ASongOfFireAndIce15th Jun

It’s a sad state of affairs when pound shops are closing!


But it’s not a “real” poundshop. This is the problem they market things worth a pound at twice the price.
natnatpowpow9 m ago

Are all poundworlds closing?


Yes
Satan_Claws18 h, 38 m ago

Popped into the Castleford branch today, it was rammed with customers, got …Popped into the Castleford branch today, it was rammed with customers, got a few bits that I would have got anyway.Total was £13,40, so a total saving of £1.60. Wooo. Most things aren't reduced at all but they have at least clearly marked what is.Food, drink, toiletries, washing products, cleaning products and much more is still the same price. Basically just pets, diy and garden stuff are reduced.


Thanks for the heads up.
I work for the company and zero stores ate confirmed to close we still have buyer interest but as of yet NONE of the stores have been confirmed to close it's just rumours
You know your on the bones when you look forwards to a sale in a pound shop! 🙈
I hope I am not alone in having no clue what name a '£ shop' has?
I posted a deal, but had the receipt for store info.
The store in Swinton had 30% off pet,30% of diy and 20% off gardening yesterday workers were getting 50% off posters out but didn't unroll fully so couldn't see what for
Edited by: "asf76uk" 16th Jun
Brexit
Syzable1 h, 29 m ago

Thanks, Sorry i was off yesterday but have now moved back to deals and …Thanks, Sorry i was off yesterday but have now moved back to deals and bumped to the top of new



Cheers. I don't work for them or anything, just know a man who knows what's going on he is rarely incorrect.

Its a shame they don't tell their staff anything, sounds like most folks who work there haven't got a clue what's going on.
Caroline_19932 m ago

You may work for the company but its not rumoursat all. They keeping staff …You may work for the company but its not rumoursat all. They keeping staff in the hush hush.2 store managers from 2 different branches have confirmed to me that they are closing. High above are not communicating. The man




You may work for the company but its not rumours at all. They keeping staff in the hush hush.

2 store managers from 2 different branches have confirmed to me that they are closing the brances down. High above are not communicating.

So yes, they are definatly closing.
My local Poundland has been undercutting the Poundworld next door for at least a year with 10% off permanently, making the £1 items 90p. Im not going to get excited by an extra 20% off from a store closing down sale. Unless you are buying in real bulk volumes, its hardly worth getting out of bed for, it needs to be at the 50% level to peak my interest when you are dealing in pennies
Edited by: "EstorilBlue" 16th Jun
How sad I remember the original shop in Wakefield, always preferred them to Poundland x
By far one of the worst so called "pound" shops in Britain, the best are Poundstretcher who make no pretence of selling cheap tat at £1 but their prices are reasonable.
This is awful, the government needs to do something about bloody rates, VAT and PAYE is destroying the British high street.
HellriderUKDeals6920 m ago

By far one of the worst so called "pound" shops in Britain, the best are …By far one of the worst so called "pound" shops in Britain, the best are Poundstretcher who make no pretence of selling cheap tat at £1 but their prices are reasonable.


I had a chuckle too, thanks.
MadonnaProject16 m ago

This is awful, the government needs to do something about bloody rates, …This is awful, the government needs to do something about bloody rates, VAT and PAYE is destroying the British high street.


I agree on rates (although in this case I think it was a bad business model, I'm surprised they have lasted this long) but how are VAT and PAYE destroying the high street?
HellriderUKDeals6946 m ago

By far one of the worst so called "pound" shops in Britain, the best are …By far one of the worst so called "pound" shops in Britain, the best are Poundstretcher who make no pretence of selling cheap tat at £1 but their prices are reasonable.


I've heard they are merging with M&S, new name to be Stretch Marks.
MadonnaProject44 m ago

This is awful, the government needs to do something about bloody rates, …This is awful, the government needs to do something about bloody rates, VAT and PAYE is destroying the British high street.


What the Government really need to get a grip on are the gig economy, tax dodges and lax border/customs control and enforcement.

The first allows the likes of Scamazon to rely on bogus self-employment, paying below minimum wage in many cases, vastly reducing their cost base compared to the High Street.

Complex corporate structures created solely to game the tax laws allow the likes of Scamazon to hide their massive profits so that they pay a far lower tax rate than the High Street and independent businesses.

Then you have goods coming in from China and the like, ordered on the Internet, labelled as "samples" so that they don't even have to pay customs duties that regular businesses can't avoid.
julieallen28 m ago

I agree on rates (although in this case I think it was a bad business …I agree on rates (although in this case I think it was a bad business model, I'm surprised they have lasted this long) but how are VAT and PAYE destroying the high street?



Most of these companies have gone out of business owing monies to HMRC & the VATman, don't you know? Previously VAT people were easy going and gave good grace periods to companies that fell behind, given the nature of the market this has become essential as it gives these companies the crucial time to bring the monies in. However recently the VAT people especially have been horrific when negotiating with companies, leaving them little choice. As for PAYE, the government should stop giving money to other countries and contribute towards our own PAYE, not to mention healthcare and education but thats not going to happen.

Anyways my opinion, you probably wouldn't agree but it is what it is. I just hate seeing companies go down, and people lose their livelihood. It is a hideous thing and the government is wholly responsible whilst the market is a contributing factor.
BertieWusster2 m ago

What the Government really need to get a grip on are the gig economy, tax …What the Government really need to get a grip on are the gig economy, tax dodges and lax border/customs control and enforcement. The first allows the likes of Scamazon to rely on bogus self-employment, paying below minimum wage in many cases, vastly reducing their cost base compared to the High Street.Complex corporate structures created solely to game the tax laws allow the likes of Scamazon to hide their massive profits so that they pay a far lower tax rate than the High Street and independent businesses.Then you have goods coming in from China and the like, ordered on the Internet, labelled as "samples" so that they don't even have to pay customs duties that regular businesses can't avoid.



ABSOLUTELY. Hit the nail on the head. Why should apple, amazon and starbucks pay literally no tax? Even google. In the short term sure it is beneficial as it allows for more jobs but it offsets the burden on smaller companies. Look at the hypocritical irish who are supporting apple in their tax dodge. Its all a con. As for china, we need trump like tarriffs on them.
eslick12 h, 7 m ago

You should probably ask for it to be moved back to deals. I was in a store …You should probably ask for it to be moved back to deals. I was in a store on Wednesday there was nothing left. It’s a difficult business model, saturate the market with store some in expensive locations, rents £100k a year in some of their stores, add rates and utilities and even before staff that’s a lots of items for a quid. Now add on the stock, what cost a pound 10 years ago has to cost a pound today, can it really that’s why they branched out to other prices. You can’t keep costs that low eventually you product sizes have to get smaller, buy more on the grey market and compete with the new players like home bargains becomes more difficult.


Great point they should now look at sets or packs world where they sell items in packs as a lot of deals have more than one item in the deal.
eslick12 h, 11 m ago

You should probably ask for it to be moved back to deals. I was in a store …You should probably ask for it to be moved back to deals. I was in a store on Wednesday there was nothing left. It’s a difficult business model, saturate the market with store some in expensive locations, rents £100k a year in some of their stores, add rates and utilities and even before staff that’s a lots of items for a quid. Now add on the stock, what cost a pound 10 years ago has to cost a pound today, can it really that’s why they branched out to other prices. You can’t keep costs that low eventually you product sizes have to get smaller, buy more on the grey market and compete with the new players like home bargains becomes more difficult.


Agree with most of this, but LOL at Home Bargains (est. 1976) being a new player
#highlylikelyrussia
They closed the Warrington one, slowly increased discounts. Actually pretty good value on the chocolate and pop when it hit about 40% off.
Hm, this explains the recent crap customer service at the tills I've been getting.
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