Poundworld

Poundworld founder urges ‘moral argument’ after administrators reject rescue bid

A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…

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Deloitte hits back at Poundworld founder over rescue bid row

Deloitte has hit back at accusations made by Poundworld founder Chris Edwards over the handling of the company’s administration. A…

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EXCLUSIVE: Poundworld confusion as staff memo casts doubt on ‘closing down’ sale

Store managers at Poundworld are preparing to promote a ‘closing down’ sale, despite a staff memo circulated yesterday which cast…

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Poundworld rescue talks collapse putting 5,000 jobs at risk

Poundworld is expected to appoint administrators today after last-ditch rescue talks collapsed leaving over 5,000 jobs at risk. The discount…

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Poundworld buyer pulls out

The future of discount retailer Poundworld has been cast into doubt following Alteri Investors withdrawal from their buyout. Other bidders…

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Poundworld sale rumoured to be edging closer

Poundworld is reportedly edging closer to a rescue deal with its owners TPG are rumoured to be finalising the terms…

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Poundworld to close 117 stores by 31 August

Poundworld is looking to close 117 of its 355 UK stores by 31 August as part of its CVA proposal,…

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Poundworld suspends CVA as US owners receive expressions of interest

TPG Capital, the US owner of Poundworld, has delayed plans of a potential Company Voluntary Agreement (CVA) for the discount…

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Poundworld fined £1.1m for ‘out of control’ infestation

Discount retailer Poundworld has been fined £1.1m due to its Croydon store failing food hygiene protocols, with over 100 dead…

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