Full list of Poundland store closures across UK as more to shut The high street chain was sold by former owners Pepco Group for £1 last week to investment firm Gordon Brothers after suffering a ...

Poundland sale risks more than a thousand jobs as 68 stores to close The discount chain also indicated it will shut dozens more of its UK shops in the coming years under the new ownership.

Nearly 70 Poundland stores will close after the chain was acquired for £1 in a rescue deal. Investment firm Gordon Brothers bought the struggling discount shop last week, with Poundland going ...

Budget chain Poundland has said it will be closing 68 stores as part of a turnaround plan to revive its fortunes. A distribution centre at Darton, South Yorkshire and its national distribution ...

Poundland has confirmed the details of its restructure plan, with up to 150 stores and two distribution centres set to close, subject to approval by a court. Poundland said it planned an initial 68 ...

In addition to the zero-rent proposal, hundreds of Poundland's stores would see rent payments reduced by between 15% and 75% if the restructuring plan is approved.

UK discount retailer Poundland has been sold for less than £1 to Gordon Brothers, an investor that specialises in acquiring distressed assets, after a series of costly mis-steps by its Warsaw ...

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

Poundland currently employs around 16,000 people at more than 800 shops. It’s thought the brand will close about 100 shops and try to negotiate rent cuts at several of its remaining branches.

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 ...

Investing.com -- Pepco Group has finalized the sale of Poundland to Gordon Brothers for a nominal consideration, according to a company announcement. As part of the transaction, Pepco’s secured ...

London, June 12, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has acquired Poundland and provided up to £80 million in financing to support the management team’s proposed ...