Union in plea to save Poundland from administration, with 12,000 jobs at risk
Business secretary writes to Poundland owner as administration fears build
September 2026
Poundland management in talks to lead bid that could save 11,000 jobs
Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backer
January 2026
Poundland shuts 149 stores, cuts 2,200 jobs and focuses on £1 items
Discounter relaunches Pep & Co clothing brand after a switch to ranges supplied by its former parent group hit sales
August 2025
Debenhams may sell Pretty Little Thing and shut distribution hub
Online fashion seller’s losses widen to £264m as Poundland confirms plans to close up to 150 stores
June 2025
‘Not an attractive place to shop’: how Poundland lost its appeal to shoppers
Budget retailer had a pre-tax loss of more than £51m last year and is struggling to lure back customers amid stiff competition from rivals
Poundland to shut 68 stores in restructuring that puts 2,000 jobs at risk
Online sales to end and two distribution centres to close after chain’s sale to Gordon Brothers for £1
Poundland sold for £1 with dozens of store closures expected
Buyer Gordon Brothers will invest up to £80m in discount retail chain to try to turn business around
March 2025
Poundland up for sale as budget tax changes drive up costs
Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’
September 2023
Poundland moves to buy 71 Wilko sites with possible jobs guarantee for staff
PwC says owner plans to reopen stores under Poundland brand throwing lifeline to as many as 1,800 staff
June 2022
UK shoppers cutting back even on essentials, warns Poundland owner
Pepco says ‘acute spike in inflation’ and lack of wage rises forcing consumers to spend less
October 2021
Supply chain crisis: retail, food and defence firms predict further damage
Ikea, QinetiQ, Poundland, Dunelm and Domino’s Pizza warn of problems continuing for some time
April 2021
People are returning to the high street, but the retail crash has changed it beyond recognition
John Harris
The easing of Covid restrictions in England will reveal the effects of the loss of brick and mortar shops in our towns and cities, says Guardian columnist John Harris
June 2020
Which shops in the UK are reopening and when as Covid-19 lockdown eases?
From John Lewis to McDonald’s, chains adapt for customers’ return or deliveries
April 2020
Six in 10 UK firms have no more than three months of cash left
British Chambers of Commerce poll reveals scale of companies at risk of collapse amid coronavirus lockdown
March 2020
Poundland to mothball one in 10 stores as shoppers heed coronavirus advice
Coronavirus prompts Poundland owner to postpone flotation
November 2019
Carpetright agrees £15m sale to main investor Meditor
Hedge fund, which owns 30% of shares and £40m debt, to take full control of stricken retailer
September 2019
Poundland seeks to slash rents in run-up to possible flotation
Retailer’s parent group fuels rumours of IPO with name change and cost cuts
August 2019
Big supermarkets still selling knives to children
Trading Standards test purchases found retailers failing to prevent sale of knives to children on 15% of occasions
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