Poundland bosses are hatching a plan to enforce steep rent cuts on store landlords as part of a last-ditch bid for survival.. The discount retailer has earmarked hundreds of stores for sharp rent ...

Pepco Group has finalised the sale of its Poundland business to Gordon Brothers International LLC, marking a significant step in the company’s strategy to focus on its higher margin Pepco retail ...

Poundland is set to shut dozens of stores after being sold for £1 to investment firm Gordon Brothers. The discount chain, known for primarily selling products for £1, had been put on the market ...

Struggling budget chain Poundland has been sold for £1 and now faces a shake-up which could see up to 100 stores close, the BBC understands. Its owner Polish firm Pepco confirmed it had sold the ...

Poundland started in 1990 with its first store in Burton Upon Trent and retains a strong presence in the Midlands. There are 86 stores in London alone and 123 in the North West of England.

Poundland has announced it is closing another of its shops. The discount chain will say goodbye to its branch on Bank Street, Newquay, on August 1. Devastated shoppers have launched an online ...

Sharon Carroll once shopped so much at her local Poundland that her friends described her as "Mrs Poundland". "I'd just buy so many things," says Sharon. "I'd spend £40 to £50. "When everything ...

And while Poundland might not have the nostalgia of something like the Woolworths pic ‘n’ mix, it’s a potential loss we should take seriously. I pray Poundland survives.

Poland-based Pepco Group, which has owned Poundland since 2016, said on Thursday it completed the sale of the business for a “nominal” fee. Sources close to the process have said this was £1.

High street discount chain Poundland will close dozens of stores during a “restructuring” process after being sold for £1 to investment firm Gordon Brothers.. Poland-based Pepco Group, which ...

UK discount retailer Poundland has been sold for less than £1 (€1.17) to Gordon Brothers, an investor that specialises in acquiring distressed assets, after a series of costly missteps by its ...