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Poundland, a cheap shop, was sold for £1 to US firm Gordon Brothers. It has 825 shops and 16,000 workers in the UK.
Pepco sold Poundland to make more money. The new owner will keep the Poundland name in the UK and use Dealz elsewhere.
Barry Williams stays in charge of Poundland. Pepco thanked the team for their hard work. Rising costs and taxes make it hard to keep going.
Poundland, a cheap shop, was sold for £1 to US firm Gordon Brothers. It has 825 shops and 16,000 workers in the UK.
Pepco sold Poundland to make more money. The new owner will keep the Poundland name in the UK and use Dealz elsewhere.
Barry Williams stays in charge of Poundland. Pepco thanked the team for their hard work. Rising costs and taxes make it hard to keep going.