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Supermarkets

Poundstretcher to keep prices low despite FY22 profit warning

The company’s unofficial figures showed sales had dropped to £277m in the latest year to March 2022, attributing this performance to fewer stores

Discount chain Poundstretcher has warned that sales are set to drop to £277m in the year to March 2022, attributing this performance to fewer stores, while pre-tax profits are set to halve, falling to £40m.

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