Poundland owner breaks its silence as it warns chain is “vulnerable”

The owner of Poundland has insisted it is working to protect as many jobs as possible, but warned that the Willenhall-headquartered discount chain remains “vulnerable” to any downturn in trading.

In a statement to TheBusinessDesk.com, a spokesperson for Gordon Brothers said: “We are pursuing all avenues through the sale process to find a solution which protects as many jobs as possible and preserves value. Work continues at pace, engaging in active discussions on offers with interested parties.”<... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...