Poundland is set to close another 18 stores across the UK over the coming months.

The retailer revealed in June, following its takeover by investment firm Gordon Brothers, that it planned to shut 68 shops and two warehouses in the UK, putting 1300 jobs at risk.

Poundland concluded its main store closure programme recently, shutting 57 stores, while placing 11 closures on hold.

At the beginning of the restructuring programme, there were around 800 Poundland stores located across the UK.

This number is expected to decrease to around 650 or 700 as leases expire or landlords exercise any option to serve notice.

Poundland has now revealed that a further 18 UK stores will be closing in October and November, due to leases expiring.

Poundland's retail director, Darren MacDonald, said: "We know how disappointing it is when we leave a store, but before we close our doors for a final time, we're determined to say goodbye by offering even more amazing value to customers.

"These special reductions, on top of the value we offer day-in-day-out across our wider network, will help us leave these locations with pride.

"And when our doors close in these locations, we'll look forward to welcoming customers to one of the hundreds of Poundland stores we'll continue to operate right across the UK."

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"Extensive" clearance sales are now underway at the 18 stores set to close in October and November.

A Poundland spokesperson said: "Customers will be able to take advantage of significant savings as these stores prepare for closure in the days ahead.

"The reductions of up to 40pc will see items marked down in price until they're sold and cover all the stock in each store from homewares to groceries and clothing to health and beauty."