More than 1,000 jobs lost as Poundworld announces further closures
Another 80 Poundworld stores are to shut, resulting in 1,024 job losses, it has been announced.
The announcement from the company's administrators means that 105 of Poundworld’s 335 stores are now earmarked for closure.
Deloitte said talks to sell remaining parts of the business continue.
"Whilst we remain hopeful that a sale for part, or parts, of the business can still happen, it has not been possible to sell the business as a whole," said Clare Boardman.
At least two potential deals have failed so far, including one f... 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...
