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Struggling British pound shop chain Poundland sold for £1

Rob Beschizza
Jun 12, 2025
∙ Paid

Photo: Shutterstock

If a British pound stretches a little further than an American dollar, it hasn't helped Poundland's 825 stores turn a profit. The company was reportedly sold today for £1 to an investment firm, which is expected to close 100 of the worst-performing outlets as it restructures the business.

retail analyst Sofie Willmott from GlobalData s…

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