Poundworld

Poundland's Performance Indicates The Single-Price Format Is Far From Finished

It's not all that long ago that the UK high street was awash with single-price discounters, or 'pound stores' in local parlance, with 99p Stores and Poundw...

Poundworld Founder To Establish New Discount Chain

The founder of the Poundworld chain, Chris Edwards, has said that he plans to open up to 100 budget stores under a new discount banner, Onebelow. Speaki...

Poundland To Open 20 Stores In Former Poundworld Sites

Single-price retailer Poundland has announced that it is finalising plans to open around 20 stores in former Poundworld locations in the UK. The retaile...

Henderson Deal To Acquire UK Poundworld Stores Falls Through

The planned deal that would see Ireland's Henderson family acquire part of the UK-based Poundworld portfolio has fallen through, according to reports. T...

Ireland's Henderson Family Agrees Purchase Of 50 Poundworld Stores

Ireland's Henderson family said on Thursday that it has agreed to buy around 50 Poundworld stores, having struck a deal with the administrator of the colla...

If Poundworld Can't Survive, Who Can? Asks Poundland Founder

The original founder of the Poundland retail chain, Steve Smith, has said that current market conditions, such as high rents, wage increases and operating...

Poundworld Administrators To Close Further 40 Stores

Deloitte, the administrators of the troubled Poundworld chain, have announced plans to close a further 40 stores. The latest round of stores earmarked f...

Britain's Poundworld Goes Into Administration, Putting 5,100 Jobs At Risk

British discount retailer Poundworld has gone into administration, putting 5,100 jobs at risk and becoming the latest victim of brutal trading conditions i...

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TPG Puts British Discount Retailer Poundworld Up For Sale: Source