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Poundstretcher rescued as court approves restructuring plan
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Grocery Gazette - Latest Grocery Industry NewsPoundstretcher rescued as court approves restructuring plan
Discount retailer Poundstretcher’s 300 store network has been saved, with its restructuring plan securing court approval. During a High Court session, 93% of voting creditors supported the turnaround measures which were first outlined in March. Poundstretcher CEO Andy Atkinson said: “Today, our company is in a stronger position to continue investing in our stores, our people and the overall customer experience. Our priority now is exactly what i…
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