Bolton's last Poundworld store to close next month

The unit at Central Retail Park off Manchester Road is likely to shut its doors by August 10.

Two other stores in Back Spring Gardens in Bolton town centre and in Breightmet – which only opened two years ago – will close this weekend. A fourth store at Middlebrook has already gone.

The budget retailer will disappear from the UK high street altogether after its administrators announced the chain's final set of store closures.

Deloitte has said all of Poundworld's stores will likely close by August 10, affecting 2,339 staff.

The budget retailer is also closing its warehouse and distribution network, alongside its head office in Normanton, West Yorkshire, leading to the loss of 300 jobs.

Poundworld fell into administration on June 11, putting more than 5,100 jobs at risk across its 335-store portfolio.

Deloitte has been announcing tranches of store closures over the past two weeks after failing to find a buyer for the whole business.

Clare Boardman, joint administrator at Deloitte, said: "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 administrators are still in talks with some interested parties about selling parts of the remaining business, but hopes of saving a significant number of jobs has faded.