1,000 jobs lost as Poundworld closes a further 80 stores - but Preston is unaffected
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.
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:
Burton Upon Trent
Leeds Crown Point
Leeds Kirkstall Road