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 has been sold for £1 and is set to shut shops in a major restructuring deal after being sold to an investment firm. The struggling high street discount chain - which has 825 stores in ...

Poundland, which has stores in Birmingham, is expected to close dozens of its stores after it was sold to the investment company Gordon Brothers for £1.

Poundland sold for cut price putting thousands of jobs at risk Katie Boyden Published June 12, 2025 8:14am Updated June 12, 2025 3:45pm Comments ...

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 ...

Last month, Poundland announced a 6.5% decline in revenues, bringing the total to 985 million euros (£830 million) for the six-month period ending in March compared to the previous year.

Poundland 'sold for £1' to Laura Ashley owner The future of hundreds of Poundland stores and jobs remains unknown By JANE DENTON Updated: 05:59 EDT, 12 June 2025 26 shares 17 View comments ...

High street discount chain Poundland will close dozens of stores during a “restructuring” process after being sold for £1 to investment firm Gordon Brothers. Poland-based Pepco Group, which ...

Poundland currently employs some 16,000 people across 800 shops in the UK and Ireland. It is thought that as part of the takeover deal, up to 200 stores are at risk of closure.

Poundland was originally hailed as one of the region's biggest retail success stories, having began as the brainchild of father and son market traders Keith and Steve Smith, from Willenhall, who ...

Poundland has been sold to the former owner of Laura Ashley for £1. Gordon Brothers, which backs distressed companies, has agreed to provide £80m of fresh funding as part of a rescue deal for ...