1,000 jobs lost as Poundworld closes a further 80 stores - but Preston is unaffected

Poundworld.
Poundworld.
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Poundworld administrators have announced the closure of 80 more stores, resulting in 1,024 job losses.

The closures are in addition to the 25 store closures announced on Tuesday (July 10), which resulted in 242 redundancies.

Poundworld founder Chris Edwards.

Poundworld founder Chris Edwards.

The administrator said the latest closures will not impact the potential sale of the remaining business, and that discussions with interested parties were ongoing.

Joint administrator Clare Boardman said: "Whilst we remain hopeful that a sale for part, or parts, of the business can still happen, it has not been possible to sell the business as a whole.

"We would like to thank all the employees for their continued support and commitment during this difficult time.

"We are keeping staff appraised of developments as they happen."

The company's stores in St George's shopping centre, Corporation Street and Deepdale retail park are not in the list of affected stores.

Poundworld has 335 stores across the UK, selling a vast range of products that are all priced at a pound.

It comes after founder Christ Edwards announced he was out of the running to rescue the retail giant.

He had previously tabled a deal to save 186 stores and 3,000 jobs.

These are the 80 Poundworld branches closing down:

Aberdeen

Banbury

Banbury

Bexley Heath

Birkenhead

Blackburn

Bloxwich

Blyth Bb

Bolton

Bolton

Breightmet

Bootle

Bradford

Bradford

Bristol

Bristol

Bude

Burton Upon Trent

Canterbury

Cardiff

Chelmsford

Chester

Corby

Coventry

Coventry

Cramlington

Dagenham

Darlington

Dewsbury

Fleet

Fulham

Gateshead

Glasgow

Gloucester

Greenock

Grimsby

Harlow

Harrogate

Havant

Hinckley

Huddersfield

Huddersfield

Inverness

Jarrow

Kings Lynn

Kirkby

Leeds Crown Point

Leeds Kirkgate

Leeds Kirkstall Road

Leicester

Leicester (Bb)

Liverpool

Livingston

Llanelli

Llantrissant

London Archway

Manchester

Merry Hill

Merthyr Tydfil

Middlesbrough

Northampton

Norwich

Nottingham

Portsmouth

Rotherham Duk

Seacroft (Leeds)

Selby

Sheffield

Shepherds Bush

Shrewsbury

Shrewsbury

Slough

South Shields

Southport

St Albans

Stocksbridge

Sunderland

Sutton

Swinton

Watford

Wood Green