Poundland narrowly avoided administration this year and news of its takeover by investment firm Gordon Brothers was shared in June, followed by the announcement that 68 stores and two warehouses were planned to close across the country.
It is understood that the main closure programme was completed in September, with the 57th store having closed and 11 others on hold.
At the start of the restructuring Poundland had around 800 stores located across the UK, but this figure is expected to fall to around 650 or 700.
One store that was not previously identified as at risk of closing was the chain’s branch in High Street, Hornchurch.
The unplanned closure of the store will take place this month, understood to have been the result of a failure to secure trading terms from the unit.
Poundland’s UK retail manager Darren MacDonald said: “We know how disappointing it is when we leave a store, but before we close our doors for a final time, we’re determined to say goodbye by offering even more amazing value to customers.
READ MORE: Hornchurch bank spotted on Rightmove two months after closure
“These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave locations like Hornchurch with pride.
“And when our doors close, we’ll look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK.”
The High Street store will close its doors to customers on November 21.
