💨 Abstract

Investment firm Gordon Brothers acquired Poundland for £1, leading to the closure of 68 stores and two warehouses as part of a restructuring process. The move aims to reduce the total number of Poundland stores from around 800 to 650. Local communities, such as Newquay, are affected, with residents relying on the store for affordable essentials. Poundland has faced a 6.5%

Courtesy: Ryan Prosser