56 h. ago Poundland reveals 68 UK stores and two warehouses could shut with 1,300 jobs now at risk after discount retailer was sold for £1 to investment firm Gordon Brothers

Discount chain Poundland, known for primarily selling products for £1, had been put on the market in March after a sharp downturn in trading - and confirmation of its sale for a 'nominal' fee was given last week.

Economics

57 h. ago Poundland to shut 68 shops and two warehouses after takeover

Pepco Group last week sold the discount chain for £1 after it had been hit by a sharp downturn in trading.

Events

57 h. ago Poundland to shut 68 stores as part of rescue deal after chain was sold for £1

It comes after Poundland was sold for £1 last week to investment firm Gordon Brothers, the former owner of Laura Ashley

Economics

7 d. ago Trendy Korean beauty retailer Pureseoul to open first Welsh store in Cardiff

Its arrival is the latest in a line-up of new names coming to the city

Politics

7 d. ago Poundland sold for £1 and set to shut shops in restructuring

Laura Ashley owner Gordon Brothers has struck a deal to buy Poundland from European retail group Pepco.

Economics

1 week ago Poundland to shutter hundreds of high street stores with 500 more under threat

It has now been claimed that up to 200 stores could close before then, with hundreds more under threat as well as Poundland's future looks increasingly more bleak by the week

Events

1 week ago Poundland shutting three stores in June with more closures to follow

Eight stores, including those in Liverpool and Ipswich, have closed since the start of May. Five more are earmarked for closure between now and August

Politics

2 w. ago Poundland set to close store as '200 more at risk of shutting their doors'

A spokesperson for the budget retailer confirmed the 'sad' closure later this summer stating that they were 'unable to agree the terms' needed to keep the shop open

Events

2 w. ago Poundland closing another store 'with 200 more at risk of being shut'

Devastated shoppers have launched an online petition to try and save the Poundland store, with customers saying that alternative branches are too far away

Events

3 w. ago Poundland shuts Welsh store and ‘200 more' could soon follow

Poundland owner Pepco Group has given an update on the sale of the discount chain, as the firm revealed it has suffered a half-year loss amid a 'challenging' UK retail landscape

Politics

3 w. ago Poundland shutting another shop in days as '200 more stores at risk' of closing

Poundland has more than 820 stores and employs more than 16,000 people across the UK, as well as in Ireland, where it is known as Dealz

Events

3 w. ago Greggs opens new store in Welsh town despite health board objections

The town is home to some of the most deprived wards in Wales where health expectations are relatively low in comparison to the rest of the country

Politics