Poundland’s more-than-800 stores and roughly 16,000 employees will be transferred to the ownership of Gordon Brothers, which owns brands including Laura Ashley, as a result.

Struggling budget chain Poundland has been sold for £1 and now faces a shake-up of the business. Its owner Polish firm Pepco confirmed it had sold the brand for a "nominal" sum to US investment ...

Poundland, which is owned by Pepco Group, has around 800 stores in the UK and employs roughly 16,000 employees. As part of the restructuring plan, Pepco will retain a minority stake in Poundland.

Poundland was put up for sale earlier this year after a downturn in trading. Reported revenues dropped by 6.5% to £830 million for the six months to March, compared with a year earlier. During ...

Britain's Poundland to close 68 stores in restructuring plan By Reuters June 17, 20254:32 AM PDTUpdated June 17, 2025 ...

Struggling budget chain Poundland has been sold for £1 and now faces a shake-up which could see up to 100 stores close, the BBC understands. Its owner Polish firm Pepco confirmed it had sold the ...

Poundland was sold for a pound last week to the US investment firm, Gordon Brothers, after struggling with "challenging trading conditions". Poundland currently has 792 stores and employs around ...

Seriously, if a business flogging everyday household products for a quid during a time of prolonged financial hardship for millions can’t be sure of its future then perhaps the high street’s decline ...

It forecast profitable growth in its 2024/25 year, though it said Poundland's EBITDA would dip to 50-70 million euros from 153 million euros in 2023/24.

POUNDLAND has abruptly shut a popular branch with another store set to close in days. The bargain chain closed a branch in Colchester this week. It has come as a blow to residents of the area who h… ...

POUNDLAND has confirmed another branch is closing its doors for good in just weeks. The bargain retailer is pulling down the shutters after more than 15 years on a Kent high street. Poundland bosse… ...

Poland-based Pepco Group, which has owned Poundland since 2016, said on Thursday it completed the sale of the business for a “nominal” fee. Sources close to the process have said this was £1.