Poundland bosses reportedly considering bid for chain
UKPulse Consumer Desk
Poundland bosses are reportedly considering a bid to take control of the chain, following its current owner putting it up for sale.
- Poundland's current owner has put the chain up for sale.
- Gordon Brothers bought Poundland for £1 just over a year ago.
- The previous deal led to the closure of approximately 200 stores and over 2,000 job losses.
Bosses at Poundland are reportedly eyeing a bid to take control of the discount retail chain. This development comes after its current owner put Poundland up for sale.
Just over a year ago, Gordon Brothers acquired Poundland for a symbolic sum of £1. That deal resulted in the closure of around 200 stores and the loss of more than 2,000 jobs.