The deal hands Poundland’s 800 stores and 16,000 staff to Gordon Brothers, with Pepco keeping a minority stake pending court approval.

Poundland has been sold for just £1 and is expected to close around 100 stores as part of a major restructure. The discount chain has been sold to investment firm Gordon Brothers, the former ...

Poundland’s chief executive officer Barry Williams said: “Poundland is a UK and Ireland retailer of real significance, serving 20 million customers each year with a much-loved brand.

Poundland has been sold to the former owner of Laura Ashley for £1. Gordon Brothers, which backs distressed companies, has agreed to provide £80m of fresh funding as part of a rescue deal for ...

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 ...

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.

The Solar Powered Flower Hanging Light is available for just £2 from Poundland. These string lights consist of a lovely pink shade with warm white illumination. Read More On Garden Buys ...

POUNDLAND is set to shut another one of its branches for good – with a staggering 200 more stores at risk. Shoppers on Bank Street, Newquay, will be devastated to hear that the popular high s… ...

Poundland confirms date of seaside town store closure as staff given notice A petition was launched to save the store which is reportedly regularly busy and loved by locals.

The shares in Poundland have been sold to Gordon Brothers for nominal consideration, with Pepco’s secured loan of £30m and certain unsecured loans remaining in place between Pepco Group and Poundland, ...

In Suffolk there are six Poundland stores, with all of them at risk of this "shake-up". There are stores in Ipswich, Martlesham, Felixstowe, Sudbury, Bury St Edmunds and Lowestoft.

Poundland expansion . Poundland was acquired by Steinhoff - which would later become PepCo - in 2016, in a deal that valued the business at more than £610m. For the years that followed, the retailer ...