Poundstretcher in Newport will be closing its doors by the end of the month as part of the company’s nationwide rescue.
Around 250 of the national chain’s stores are closing with the loss of approximately 2,000 jobs.
It’s said that Poundstretcher has suffered from significant impacts to profitability on several fronts over a sustained period, which have then been further exacerbated by the impact of COVID-19 on footfall
The discount store has been located on the High Street in Newport for around 10 years. Previously, the building was occupied by ‘In Store’ and before that, Courts.
Signs have been erected in the shop window today notifying shoppers of the forthcoming closure.
Such a shame to see another retail outlet closing down, but we only have ourselves to blame. As prices are usually cheaper online, and the majority of people have access to a computer, this will only speed up the demise of the high street.
Another one bites the dust! Does anyone know happening with peacocks in Newport as Rydes one is open? Also the Edinburgh woollen mill in both Newport and Ryde. More losses?
Yet immigrants still arrive daily. Can’t ALL be picking sprouts and fruit, unless it is one per person per day?
Mr G, the UK should cut immigration every time our own people including of course all prior immigrants are made unemployed.
That way, it would go some small way to redress the amount of jobs needed to be found for our own people.
Adding more unneeded people is hardly making the situation better.
It’s heartbreaking as more people will be impacted on having to find a new job.
Since March I’ve been purchasing items online, which I would normally purchase in store. My decision to change was influenced by risk to my health; I have asthma. Therefore, avoiding contact with others, where possible. In addition to impact by COVID-19, some online retailers are selling at silly prices which no high street shop would never be able to compete.
Where 2,000 employees are impacted by redundancy there would normally be between a 45 to 90 day consultation; time to prepare. To learn that a person’s income is stopping in a couple of weeks time is no time to prepare, at all.
The Animal shop , in Newport, also has a closing down sign
Pet shops should be banned. Cruel keeping animals in little glass boxes or cages nowadays.
All these complaints but I bet each one of you shop online hahah. The times have moved on and who goes shopping anymore, just the drive into town gives us all a nervous breakdown! Those days are over
Not helped by council parking charges on the high street and the stress of getting a ticket if you are running late!
Really……….not heard of phone and pay using a mobile phone app? where you may extend your stay…remotely….or walk for 5 minutes from a free bay, either 30 minutes or 2 hours.
Exactly! Amazon sell cheap books for example Waterstones and WHSmiths are full price and you have to pay to park the car that’s another tax before you even look in the shops
Newport is a dead shopping zone. I feel sorry for those living on pan. Where are they going to shop now? Something should be done to help those in need. Food banks can’t help everyone….
Come on. B & M took them out. Right across the road, similar goods and more of them.. the day they opened footfall dropped.
This is very sad that so many staff will lose jobs, big recession is back. All the empty shops should be divided up so they make small shops so people can give it a go at having there own Buissiness. Landlords should start them on low rent and no rates until you
Start making proft. Make it individual shopping many people out there with lots of different talents and ideas but will never have a chance to give it ago. Have no parking charges, this has to be the biggest demise of the high streets. I hate going shopping because I want to wander in my own time at my leisure with no restrictions and rushing around on my day off because your constantly worried about getting a ticket. The damage is done to the island allowing all the supermarkets0 in and other big chains. It will never be what it once was. COVID has been the final nail in the coffin .I myself have started shopping Internet. Look for what you want compare pricing get delivered to your door no hassle. not even left the house. I have always been a supporter of local shops but High streets need a lot of help, more shops sat empty shops more rundown high streets get until nobody will go there..
Conditions don’t favour the high street. Huge business rates, overpriced rent, parking outpriced coupled with online competition means the ballance is not in their favour.
These conditions could be changed with slashes in business rates, reduced rent (where poss), better parking conditions & a fair chance against online retailers that seem to dodge paying taxes and rates in the uk! They wouldn’t be so cheep online if they were made to pay their way.
Shame to see newport shops closing one by one.
Look on the bright side at least shoplifting rate will be down as nowhere to pinch from
As our own and the world’s undesirables fill towns and shopping malls, then more and more elderly are avoidinng going to such now.
Much of the blame is from central Government polices of our governments as our jails are too full now with the worlds dross to jail our own growing rubbish, so anti social behaviour, mugging, violence, s ex crimes, stabbing and shooting is rife in inner cities and is creeping out into towns now. As will become all too apparent once Pennyfeather ‘village’ is built, but then, as always too late.
Just the nastiness of seeing such littering town squares and shop doorways is frightening for the older generation of parents with decent children to have to endure.
Drunks and druggies sat on benches where the elderly once would have rested, now littered up with loud, rude, aggressive foul mothed trash, is all adding to keeping decent people away from towns, and even pubs, clubs etc.
SEE the problem, it is occurring in every Western country where such have made their presence felt. It is NOT coincidence.
No leader apart from President Trump can mention such for the most powerful card will be shown ending all honest debate.
So it gets ever worse. God help your children’s future now. Think, how life has changed since you were small.
It’s been interesting reading the comments. Many valid points made about how we shop these days (and one dick comment that bares no meaning on anything…)
The truth is that we can turn this all around. It isn’t our shopping habits that cause these closures, so much as our belief that we have to be part of a “global economy”. If we changed the economic system to favour the people instead of the elite, everything would change. And it can be done, Boris has magically found huge amounts of cash during the pandemic, which means it was always there. It’s just that the distribution was wrong
Find it all quite alarming that the UK as is many Western lands, losing jobs daily to either hi-tech practices, or a cutting back on costs, yet immigration numbers still continue to rise.
IF, which it never is, but IF it were MP’s, and top Government and Council officials losing their jobs to a newcomer, this would stop overnight.
But as a never ending supply of desperate self reproducing labour lowers the wages for the few jobs left, then only the large employers gain from such, but ‘they’ are the ‘party fund contributers’, whilst we, the workers get ever poorer, in subsidising the wages, the rents and the council taxes of newcomers along with paying for their costly but to them free education and NHS fees.
Open shops that people want and people will shop. Outlet shops at Gunwharf Quays are always packed when I go because the prices can be genuinely lower than online.
Like most people say parking is the massive issue. Home Bargains in Newport is always busy and that has a decent car park. The answers are there. Council shouldn’t be in charge of parking for retail, the retailers should be given free customer parking at council sites as part of their lease. Greed always lucks out in the end.
Animal going bonmarche has gone Laura Ashley gone carphone warehouse gone Monsoon accesszoire gone William hill gone Ladbrokes at James Street gone sta sofas gone indigo crystal gone poundstrecther going wight estate gone Maplin gone phones 4u gone bright House gone Edinburgh woollen mill gone dead high street
Such a terrible loss in newport another shop gone it’s going to be like a ghost town in Newport it’s a shame