Poundland has been sold to the former owner of Laura Ashley - Stefan Wermuth/Reuters Poundland has been sold to the former owner of Laura Ashley for £1. Gordon Brothers, which backs distressed ...

Poundland is preparing to axe more than 1,000 jobs and close dozens of stores after being sold in a rescue deal for a £1. The discount chain, which was taken over by private equity group Gordon ...

The former owner of Poundland is lining up advisers to supervise its transition to new shareholders through a court-sanctioned process that will involve store closures and job cuts at the discount ...

In a report last month, Poundland disclosed a 6.5% decrease in revenues to €985million (£830million) for the six months ending in March, compared to the same period the previous year.

Poundland has revealed a list of 25 stores that will close for good in August. The discount chain has been sold for £1 to investment firm Gordon Brothers, the former owner of Laura Ashley, and ...

POUNDLAND has shut down yet another location in a string of recent closures. It comes after the budget retailer launched a restructuring plan last month. Poundland closed the doors of its Whiteley … ...