A NATIONAL retailer has announced that it will be closing its Launceston branch in the coming weeks.

Earlier this month Poundland brought its main 68-store closure programme to a conclusion, closing 57 stores by September 28, and placing a further 11 closures on hold.

Today (October 2), the organisation confirmed that Launceston’s branch, based in the town’s retail park, is penned for closure on November 29, 2025.

Despite the North Cornwall closure, which mirrors a number of other locations within the region, Poundland still expects to operate a network of around 650-700 stores compared to 800 at the beginning of the restructuring programme, as leases expire or landlords exercise any option to serve notice.

As a result of the upcoming closures, stores are holding extensive clearance sales, in which the organisation says residents ‘will be able to take advantage of significant savings as these stores prepare for closure in the days ahead.’

The clearance sales underway and launching in the coming weeks are all taking place at lease-expiry locations as Poundland continues its programme to simplify its retail network around its best-performing sites, securing the future of thousands of jobs and hundreds of stores.

Launching the markdown sales Poundland’s retail director 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.

“These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave these locations with pride.

“And when our doors close in these locations, we’ll look forward to welcoming customers to one of the hundreds of Poundland stores we’ll continue to operate right across the UK. ”