00:00Hello, I'm Greg Wright of the Yorkshire Post.
00:04Hundreds of jobs are at risk at Poundland after the retailer announced plans to shut 68 shops and two of its UK warehouses,
00:15following its takeover by investment firm Gordon Brothers.
00:19Last week, Pepco Group sold the discount chain for £1 after it had been hit by a sharp downturn in trading in recent weeks.
00:25Poundland said it plans to close its frozen digital distribution site at Darton in South Yorkshire later this year
00:33and at the warehouse at Springvale in Bilston in the West Midlands in early 2026.
00:39Around 350 people will be affected by the warehouse closures.
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