Poundland breaks silence over claims of 'supply restrictions' at stores

Poundland breaks silence over claims of 'supply restrictions' at stores

There were reports of empty shelves in some Poundland stores yesterday following alleged supply restrictions.

Poundland Plays Down Report That It’s Suffering Stock Issues Due To Suppliers Toughening Terms

Poundland has hit back at reports that it is struggling to keep its shelves stocked after several major suppliers tightened credit lines and payment windows amid uncertainty over the discounter’s future following its sale to investment firm Gordon Brothers last (more…) The post Poundland Plays Down Report That It’s Suffering Stock Issues Due To Suppliers Toughening Terms appeared first on KamCity.

Update: Poundland denies reports of stock shortages

Poundland has denied that it is facing issues to stock certain items following reports major suppliers like Proctor and Gamble and Nestle tightened their credit lines amid uncertainty over the retailer’s future. The retailer called the reports “false” and added that it is has received strong support from suppliers as it navigates its restructuring. New owners Gordon Brothers is seeking court approval for its restructuring plan. On Tuesday (8 Jul…