What does Poundland’s £1 sale mean for the future of discount retail?
Retail Gazette
JUNE 13, 2025
The US investment firm, which paid a “nominal sum” for the retailer, has pledged to inject up to £80m to fund its proposed turnaround plan led by returning Poundland boss Barry Williams. Struggling discount chain Poundland was snapped up this week by distressed asset investor Gordon Brothers for just £1.
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