Poundland on brink of administration, with 12,000 jobs at risk Gordon Brothers is filing notice of intent to begin process after rejecting management-backed rescue bid The Guardian - UK · 1h ago
American multimillionaire found dead in London mansion after argument with wife over airline ticket, inquest told Joshua Pack was co-chief executive of American company that owns a number of well-known British chains including Majestic Wine, Curzon Cinemas and budget retailer Poundstretcher The Independent UK · May 14
Poundstretcher restructuring plan needed to avoid administration, court told The discount retailer was bought by US investment firm Fortress in 2024 for an undisclosed sum. Evening Standard · May 7
Poundstretcher vows not to cut stores or jobs as it launches restructure The discount retailer said the overhaul will aim to reduce rents and other costs linked to shops. Evening Standard · Mar 31
UK arthouse cinema chain snapped up by private equity giant behind Poundstretcher 350 jobs have been secured in the deal The Independent UK · Nov 12, 2024
Curzon cinema chain acquired by Poundstretcher owner Fortress US private equity group buys company’s 16 UK cinemas, distribution arm and online streaming service The Guardian - UK · Nov 12, 2024
Poundstretcher sold to Majestic Wine owner Fortress US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum The Guardian - UK · Apr 11, 2024
Poundstretcher apologies for 'insensitive' advert after backlash The retailer says it 'deeply regrets' sharing the post Manchester Evening News · Jun 26, 2023
Poundstretcher closing another store this month - is your local shutting for good? Poundstretcher will shut its Leyland branch in the Churchill Way Retail Park on June 23 - it comes after a handful of other UK closures over the past few months Daily Mirror · Jun 15, 2023
Exclusive: Poundstretcher owner Aziz Tayub wants to float chain this year – despite parting ways with latest CEO Announcement comes despite Poundstretcher parting ways with CEO Derek Lawlor after less than a year Birmingham Post · May 4, 2023
John Lewis, Argos and Poundstretcher warning as products pulled from shelves The items were pulled from shops due to safety fears Liverpool Echo · Mar 15, 2023
Poundstretcher says it plans to open 50 new shops across UK this year It also announced that workers are getting a 10% pay rise Wales Online · Feb 3, 2023
Poundstretcher announces plan to open 50 new stores - and workers get 10% pay rise Poundstretcher has opened around 30 sites across the UK in the last year and currently has over 350 shops nationwide with over 6,000 employees Daily Mirror · Feb 3, 2023
Poundstretcher gives shop workers second 10% pay rise Increase applies to almost 4,000 Poundstretcher staff and comes a year after previous 10% rise Birmingham Post · Jan 27, 2023
Birmingham Post · Dec 27, 2022 Joules, Roll-Royce, Raleigh, Derby County and Boots: 20 of the most read East Midlands stories of 2022 Stories about Boohoo, Octopus Energy, Poundstretcher, Next and Marks Electrical also proved popular
Daily Record · Dec 18, 2022 New massive B&M opening date announced as search for staff launched Full and part-time staff are being sought ahead of the opening in the next few months.
Birmingham Post · Nov 15, 2022 Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound Discount chain said the biggest single creditor was HMRC followed by around 250 of its shop landlords
Edinburgh Live · Nov 8, 2022 Huge blaze engulfs Scottish high street as crews battle to control flames A large emergency response worked through the night in Leven, Fife, after the fire broke out in the local Poundstretcher store and quickly ripped through the building.
Glasgow Live · Oct 17, 2022 B&M shoppers go wild for dupe of Lush's sought-after Snow Fairy collection Bargain hunters went wild for a new dupe of Lush's cult Snow Fairy range that's available in Poundstretcher and B&M, for a fraction of the price it usually costs.
Liverpool Echo · Oct 16, 2022 Mum recreates £2,000 Taskers dream garden with Wilko and Morrisons bargains Stephanie created her outdoor space for less by shopping at Wilko and Poundstretcher
Nottingham Post · Aug 28, 2022 Former JTF Hucknall site goes on market after financial failure of company It closed its doors for good in March
Manchester Evening News · Aug 13, 2022 'I went to Greater Manchester's pound shop capital to see what you can actually buy for £1' There's Poundland, Poundstretcher, Around a Pound and Pound Express Plus (as well as the Pound Bakery) all in this Manchester suburb - but what can a pound really get you these days?
Daily Record · Jul 28, 2022 Work on giant B&M shop progressing as walls come down to make huge superstore The shop is set to be one of the biggest in Ayrshire.
Manchester Evening News · Jul 16, 2022 We found the cheapest toilet roll out of Home Bargains, B&M, Poundstretcher and Quality Save - and counted every sheet Nobody wants to be throwing money down the toilet and when it comes to spending a penny, there are pounds to be saved
Birmingham Post · Jun 27, 2022 Poundstretcher owner Aziz Tayub on keeping price rises down while turning losses into £45m profits 'We would be happy for that level of profit to continue and are confident that’s what will happen'