Gordon Brothers acquires Poundland, injecting 80 million pounds to support a turnaround strategy and return the retailer to ...

Gordon Brothers has acquired British discount retailer Poundland from Pepco Group, backing a proposed management-led turnaround plan with up to £80 million in financing.

Struggling discount chain Poundland was snapped up this week by distressed investor Gordon Brothers for just a £1.

Poundland plans to close 68 stores and distribution centers after being acquired by Gordon Brothers. The restructuring aims ...

Budget chain Poundland has said it will be closing 68 stores as part of a turnaround plan to revive its fortunes, putting ...

Gordon Brothers said it had provided up to £80m in financing to 'support the management team's proposed restructuring.' ...

Poundland stores in Welshpool and Aberystwyth will not be among the initial 68 stores that are set to close if a restructuring plan is accepted.

Poundland is set to close a number of stores following its sale for £1 to investment firm Gordon Brothers. The discount ...

Poundland has announced the closure of just under 10 per cent of its estate as its restructuring plan takes shape under new ...

Following the sale to Gordon Brothers, more store closures are now expected, putting jobs at risk for existing employees.

For many, the problems started long ago. When some shoppers moved online, many retailers misjudged the moment. They either ...

Poundland is shutting 68 stores, ending online sales, and closing two distribution centres after its £1 sale to Gordon ...