Poundland

Poundland confirms plans to shutter 150 stores 

Poundland has confirmed that up to 150 stores and two distribution centres are set to close under a new restructuring…

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Poundland to halt rent payments at hundreds of stores amid restructuring

Poundland will reportedly pause rent payments at hundreds of shops if a restructuring plan is approved by creditors later this…

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Poundland sold to Gordon Brothers for £1

Pepco Group has announced that it has sold Poundland to investment firm Gordon Brothers for £1. The deal will provide…

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The nostalgia trend: Why do companies revive old brands?

A cultural institution in the 90s, defunct in the 00s and making a comeback in the 20s. MFI Furniture is…

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Northern Ireland’s Abbey Centre sold to new owner for £59m

Abbey Centre in Northern Ireland has been sold by NewRiver to The Herbert Group of Companies in an off market…

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Poundland slashes guidance as H1 sales worsen

Pepco Group, the owner of Poundland, has slashed its full-year guidance for the discount chain as trading remained “challenging” in…

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Poundland store closures ‘likely’ as sale nears completion

Poundland store closures are reportedly “likely” as Gordon Brothers, the former owner of Laura Ashley, has emerged as a frontrunner…

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Today’s news in brief-7/5/25

Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she…

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Poundland: what does the future hold for the discount retailer?

Poundland, once the epitome of the UK’s discount retail scene, finds itself at a crossroads as it navigates shifting consumer…

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TOFS appoints former commercial director Tim Bettley as MD

The Original Factory Shop (TOFS) has appointed experienced retail leader and its former commercial director Tim Bettley as its new…

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