A high street budget retailer is set to close its Arnold branch after owners were unable to negotiate terms of rent.
The Poundland store on Front Street is due to close on December 6 with an extensive closing down sale now underway.
The struggling retailer has been closing a number of UK branches as it attempts to revive its fortunes after narrowly escaping administration.
A spokesman for the chain said they expect to operate a store network of 650-700 stores in time, compared to the 800 they had at the beginning of the restructuring process.
Arnold hadn’t been on the list of stores earmarked for closure but owners said it was a location where they’d been ‘unable to secure terms to allow us to keep trading there’.
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.
“These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave locations like Arnold 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 clearance sale at Arnold will offer reductions of up to 40pc, with items marked down in price until they’re sold. It covers all the stock from homewares to groceries and clothing to health and beauty.
Arnold resident Sue Clough said she was “devastated” after hearing the news that the shop was facing closure.
She told Gedling Eye: “So many shops are closing on our high street and it is getting to the point where I don’t think I’ll bother coming in anymore.
“I liked the shop a lot and the staff were always lovely. There are not many places in town now where I can shop on my budget. I am really gutted it is going.”
Dave Kyle said Arnold high street will soon have ‘nothing left’
“I shop there with the wife. It is rare we leave without buying something. It is a shame it has to go,” he said.
“Another nail in the coffin for our town high street.”
