![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/11\/pedestrians-pass-poundstretcher-ltd-discount-804862100.jpg\")
<\/p>\nSHOPPERS have been left devastated after a discount retailer announced it is closing one of its stores for good.<\/p>\n
Poundstretcher, which runs over 400 branches across the UK, is gearing up to close its site in Kilmarnock, Scotland.<\/p>\n
<\/p>\n
Signs in the shop window confirmed the closure with a sign reading: "Store closing – 20 per cent off stock", the Daily Record reports.<\/p>\n
The Sun has approached Poundstretcher to find out what date the store is closing and we will update this story when we have heard back.<\/p>\n
News of the closure has been met with dismay by local residents.<\/p>\n
One said: "Ffs what next."<\/p>\n
Another said: "So sorry for all the staff. Hope they manage to get a job quickly.<\/p>\n Meanwhile, a third added: "Another one bites the dust."<\/p>\n It comes following a wave of Poundstretcher closures this year.<\/p>\n The discount retailer closed its branch in Grantham in July while pulling down the shutters on its store in St Austell before September.<\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n Meanwhile, the Hawley\u00a0Retail\u00a0Park store in Hinckley shut on July 8, while its Penzance shop in Cornwall closed on July 5.<\/p>\n The Poundstretcher in Churchill Way Retail Park store in Leyland also shut for good back in June.<\/p>\n But it's not all bad news for the retailer as it has been expanding on the high street as well.<\/p>\n In February, it revealed\u00a0plans to open 50 new stores by the end of the year and opened 30 locations in 2022.<\/p>\n It comes as a number of businesses struggle with shoppers turning their attentions to online retail.<\/p>\n High energy and wage costs are also forcing retailers to close for good too.<\/p>\n Some have disappeared from the high street completely, including M&Co and Cath Kidston.<\/p>\n Wilko and Paperchase also crashed into administration this year.<\/p>\n But it's not all bad news as a number of retailers, like Poundstretcher, have been expanding their portfolios too.<\/p>\n In July, B&M said it would open several new branches within weeks following a string of closures.<\/p>\n![](\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/11\/people-shop-gold-ornaments-jewellery-853646595.jpg\")
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