Poundstretcher returns to profit in FY21
The profitability followed a CVA in 2020, where leases were renegotiated, 90 loss-making stores closed, and between 200 and 250 redundancies took place
Discount retailer Poundstretcher has reported a swing to £30m pre-tax profits in FY21, up from losses of £49.5m the previous year.