Discount shop latest business to quit Putney
Poundland on Putney High Street. Picture: Google Streetview
|
The branch of Poundland in Putney has closed in another blow to the local High Street.
The outlet close to the entrance of the Putney Exchange was at number 78-80.
Staff at the store were informed of the move last month in the latest of a number of high profile closures in the main shopping area. There have been some new openings announced including the recent arrival of Itsu nearby.
It appears that the retailer decided not to renew its lease and that no replacement tenant is immediately available.
The move contrasts with the company’s general strategy in the UK. It announced this August that it intended to open or relocate 25 stores before the end of the year. The chain is expected to be one of the more resilient retailers in the coming recession with consumers increasingly looking to value offerings.
A spokesperson for Poundland said, “Sadly, the lease on our Putney store had come to an end and we’re as disappointed as our customers and colleagues that the store has closed. Where we close a store, it goes without saying that we always work hard to look after colleagues directly affected.”
The unit which has 2,532 sq ft of space on the ground floor and another 1,200 on the first floor is now being advertised by estate agent Colliers. The expected rent was not included with the particulars.
Like Reading Articles Like This? Help Us Produce More This site remains committed to providing local community news and public interest journalism. Articles such as the one above are integral to what we do. We aim to feature as much as possible on local societies, charities based in the area, fundraising efforts by residents, community-based initiatives and even helping people find missing pets. We’ve always done that and won’t be changing, in fact we’d like to do more. However, the readership that these stories generates is often below that needed to cover the cost of producing them. Our financial resources are limited and the local media environment is intensely competitive so there is a constraint on what we can do. We are therefore asking our readers to consider offering financial support to these efforts. Any money given will help support community and public interest news and the expansion of our coverage in this area. A suggested monthly payment is £8 but we would be grateful for any amount for instance if you think this site offers the equivalent value of a subscription to a daily printed newspaper you may wish to consider £20 per month. If neither of these amounts is suitable for you then contact info@neighbournet.com and we can set up an alternative. All payments are made through a secure web site. One-off donations are also appreciated. Choose The Amount You Wish To Contribute. If you do support us in this way we’d be interested to hear what kind of articles you would like to see more of on the site – send your suggestions to the editor. For businesses we offer the chance to be a corporate sponsor of community content on the site. For £30 plus VAT per month you will be the designated sponsor of at least one article a month with your logo appearing if supplied. If there is a specific community group or initiative you’d like to support we can make sure your sponsorship is featured on related content for a one off payment of £50 plus VAT. All payments are made through a secure web site. |
November 3, 2022
