Chit Chat
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
11 Jun 18
09:36
Joined:
Date Joined:
02 Mar 08
Discount retailer Poundworld is expected to appoint administrators, putting 5,100 jobs at risk.
Talks with a potential buyer R Capital have collapsed meaning that the chain felt it had no other
option but to put the company into administration.
Poundworld, which has 355 stores, and serves two million customers a week, also trades under
the Bargain Buys brand name.
Deloitte is expected to be appointed to oversee the administration.
It will be hoping to sell the business as a going concern.
A formal administration announcement will be made at 10am when the court opens.
bbc.co.uk
Talks with a potential buyer R Capital have collapsed meaning that the chain felt it had no other
option but to put the company into administration.
Poundworld, which has 355 stores, and serves two million customers a week, also trades under
the Bargain Buys brand name.
Deloitte is expected to be appointed to oversee the administration.
It will be hoping to sell the business as a going concern.
A formal administration announcement will be made at 10am when the court opens.
bbc.co.uk
Show More
Well done to the clown on radio 5 earlier musing that poundworld are more sensitive to fluctuations in the pound and its lower now than it was before the referendum.
Ergo bloody brexit innit
Ergo bloody brexit innit
Post Your Reply
Please login to post a reply.
Wonder
Instance ID: 13539