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Eight stores have closed since the start of May including in Liverpool and Ipswich, while 12 in total have shut since March last year. Five more are earmarked for closure from June 11.
When is a rescue deal not a rescue deal? The rushed sale of pound-shop peddler Poundland to Gordon Brothers comes with all ...
Struggling Poundland could be sold by its owner within the next six months Credit: Getty. It said it has received offers for the business but it is considering “all strategic options” for the ...
In March, Poundland's owners Pepco put the discount chain up for sale after its financial fortunes declined. It also unveiled a plan to buy back £168m of its own stock.
The high street favourite brand Poundland, which has 850 stores and employs more than 16,000 staff across the UK, is said to be sold for £1.
Poundland stores could be sold for a nominal fee in the near future owing to an "increasingly difficult" landscape, as its parent company, Pepco reportedly agrees a deal to sell the brand.
Pepco said: “Poundland is a strong brand that serves millions of customers every week and had around two billion euros (£1.67bn) in annual turnover in financial year 2024, but it is also ...
Poundland is spending more money than ever on security measures to tackle shoplifting after losing more than £40 million worth of stock last year.. The bargain retailer, which sells a large ...
The owner of Poundland has revealed a £642m (€775m) hit to the UK discount retailer, citing several major headwinds including rising costs amid the budget burden facing businesses.
Poundland’s owner has slumped to an annual loss after taking a 775 million euro (£639.8 million) hit on the discount chain, blaming soaring costs from recent Budget moves and falling sales ...