Poundland Expands with Former Poundworld Locations, Offers Jobs to Ex-Staff
Poundland is set to open stores in up to 20 former Poundworld locations, offering all ex-employees guaranteed interviews. Initial...
Poundworld
Irish Retail Family Tries to Save Poundworld from Collapse
In a last-minute effort to save Poundworld, an Irish retail family is in talks with administrators to purchase around...
Poundworld Founder Blames TPG for Retailer’s Collapse
Poundworld founder Chris Edwards blames private equity firm TPG for the chain's collapse, claiming they "badly managed" it. All...
Poundworld to Close All Stores Amid Failed Rescue Bids
Poundworld is set to close all 190 stores by August 10th after administrators Deloitte failed to find a buyer...
Poundworld’s Administrators Announce Closure Plans and Job Losses
Poundworld's administrators, Deloitte, have announced the closure of its distribution center on July 20th, affecting 907 employees. Additionally, 78...
Retail Space Demand Slumps Amid Store Closures: RICS Report
In a recent study by the Royal Institution of Chartered Surveyors (RICS), it's revealed that 70% of chartered surveyors...
Poundworld Administrators Announce More Store Closures, Total Reaches 145
Poundworld administrators, Deloitte, reveal another round of store closures, bringing the total to 145. This latest closure affects 40...
UK Retailers Face £53.6m Bad Debt Increase and Rising Insolvencies
In a recent report by credit firm Creditsafe, bad debt owed to UK retailers has skyrocketed by 2464.5%, reaching...
Poundworld Announces Additional 80 Store Closures
Poundworld administrators, Deloitte, reveal an additional 80 stores set to close, following the announcement of 25 earlier this month....
Poundworld Stores Closures and Redundancies Announced by Deloitte
In a recent announcement, Deloitte revealed the closure of 25 Poundworld stores, leading to around 242 staff redundancies. This...