Home
Business
Poundland stores close revealed after business business collapse

Poundland stores close revealed after business business collapse

Your support helps us tell the story

From reproductive rights to climate change to the great technology, The Independent is in the field when history is being developed. Whether you are investigating the Finance of the PAC PRO-TRUMP of Elon Musk or produce our last documentary, 'The Aa Word', which sheds a light on US women who fight for reproductive rights, we know how important it is to analyze the facts of the messages.

In such a critical moment in the history of the United States, we need reporters in the field. His donation allows us to continue sending journalists to speak on both sides of history.

Americans trust Independiente throughout the political spectrum. And unlike many other quality media, we chose not to block Americans from our reports and analysis with payment walls. We believe that quality journalism should be available for everyone, paid by those who can pay it.

Your support makes all the difference.

A high -qualification retailer will close several of its stores in Britain after avoiding the collapse.

Poundland received the Court's approval for an important restructuring plan on Tuesday after the company told a judge that the plan would prevent the delivery of the administration.

If the scheme had not been sanctioned, the company would have run out of money before September 7, lawyers told court.

In June, the retail retail chain said it planned to permanently close 68 stores after being sold by Pepco Group to Peach Bidco, a subsidiary of the private capital firm Gordon Brothers, for £ 1.

Poundland said he will close a total of 16 more stores, but that he has not yet identified his locations.

It is understood that it is likely that the closing dates for these will be announced later in the year, when store workers will be informed.

More closures are intended for later in the year. (Liam McBurney/Pa)