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.

Nearly 70 Poundland stores will close after the chain was acquired for £1 in a rescue deal. Investment firm Gordon Brothers bought the struggling discount shop last week, with Poundland going ...

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 ...

The news that UK discount retailer Poundland has been sold to US investment firm Gordon Brothers for - of course - £1 has been followed up the inevitable announcment of closures across its 850 ...

European discounter Pepco Group said on Thursday the performance of its struggling Poundland business in Britain deteriorated in the Christmas quarter, with underlying revenue falling 7.3%.

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 ...

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 … ...

Poundland is to shut two more of its Kent stores - although another is to reopen following a sudden U-turn. Bosses at the bargain retailer say their branch at Marshwood Retail Park in Canterbury ...

LONDON, Dec 10 (Reuters) - European discount retailer Pepco Group (PCOP.WA) will examine "every strategic option" for its struggling Poundland business in the UK, the group's new CEO said on Tuesday.