Poundland Could Be Sold for Just £1 Amid High Street Struggles - Manchester Evening News

Poundland 'to be sold for £1' with hundreds of stores facing closure

The high street favourite brand has 850 stores employing more than 16,000 staff across the country (Picture: Getty Images) Thousands of jobs could be cut as part of a rescue deal to save Poundland. The high street favourite brand has 850 stores employing more than 16,000 staff across the country. But hundreds of stores may have to be shuttered – regardless of whether a buyer is secured. Poundland’s parent company revealed earlier this year it wa…

Poundland set to be sold ‘for a pound’ as frontrunners for takeover are revealed

Gordon Brothers, the former owner of Laura Ashley, is said to be the front runner to take control of Poundland

Poundland could be sold for just £1 amid high street struggles - Manchester Evening News

The discount retailer has 850 stores, with 18 in Greater Manchester, putting thousands of jobs at risk across the UK

Poundland to be sold for £1 as future of 825 stores on high street at risk

The well known British retailer has been stung by difficult market conditions in recent years, leaving it with falling sales and debt.

Poundland to be sold for £1 after wave of store closures across UK

GettyPoundland Retail Store on Strood Retail Park at Commercial Rd in Rochester, England. This is a commercial business.[/caption] POUNDLAND is set to be sold for just £1 as bidders circle the floundering business. Gordon Brothers, the ex-owner of Laura Ashley, has become the frontrunner to takeover the bargain chain, which recently announced a wave of store closures across the UK. AlamyPoundland is set to be sold for just £1 as bidders circle t…

Poundland to be sold for £1 after wave of store closures

Poundland to be sold for £1 after wave of store closures - Discount retailer Poundland is set to be sold for only £1 as the bidding war for the high street staple reaches a surprising conclusion