After being sold in early June to a U.S. investment firm, Willenhall, U.K.-headquartered grocery chain Poundland has ...

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 ...

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 ...

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 ...

Poundland closed six stores in May, with the final branch being its store in Chiswick, High Road in London, which closed on May 28. Commenting on the future of Poundland, ...

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

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 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.

Writer Amanda Akien thinks the reaction to Poundland's crisis is tainted by snobbery – and reflects on her own love for the budget chain. The sign was like a turqoise oasis to me.

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, which has stores in Birmingham, is expected to close dozens of its stores after it was sold to the investment company Gordon Brothers for £1. What's On James Rodger Content Editor ...

Poundland has been sold, with store closures expected and leaving an uncertain future for thousands of staff at the West Midlands discount chain. Local news you can trust.