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Poundland sold in £80,000,000 deal with thousands of jobs at risk from new owners

12 June 2025
in UK
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Poundland sold in £80,000,000 deal with thousands of jobs at risk from new owners
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Poundland has been sold to investment firm Gordon Brothers for a nominal price as its parent company, Pepco Group, shifts focus to its clothing business following a significant revenue decline. While Gordon Brothers plans to invest £80 million to revitalize Poundland, hundreds of store closures and thousands of job losses are anticipated.

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Tags: dealJobsNewsOwnersPoundlandrisksoldthousandsUK
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