Edgware, London; 6.8.2011

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Edgware, London; 6.8.2011
Stonegate by Matthew King
An Irish retail family, the Hendersons, has reached an agreement in principle to acquire collapsed British discount retailer Poundworld.
In 1984, the Hendersons opened Ireland’s original Poundworld store, which is not related to the UK retailer.
Poundworld, a 335-store retailer owned by private equity group TPG Capital, went into administration in June after failing to find a suitable buye
With the Poundworld name set to disappear from high streets by early August, it is easy to assume that the...Read More...
Unfortunately for Poundworld, adverse currency changes arising from the 2016 referendum hit it harder than most. Its smaller market share than B&M, Home Bargains and Poundland meant that international buying power was weak in comparison. This proved to be fatal, with its high reliance on the now more expensive overseas imports crippling its operating profits.
More than 1,000 jobs will be lost after store closures resulting from Poundworld's failure last month. - https://www.youtube.com/watch?v=7ufxORaCAlo
Poundworld To Close Down Some Other 80 Stores - http://news24.stream/poundworld-to-close-down-some-other-80-stores
Poundworld Latest Offers 5th July to 5th August 2018 For up to date offers: https://www.youtube.com/playlist?list=PLhmlPrDTM9mbtpHOSBD6gTeLBcIBFQ-WH Thanks f...
Poundworld Latest Offers 5th July to 5th August 2018