Economy · World

Poundland in Rescue Talks as Poundstretcher Owner Withdraws Bid

Poundland is currently in rescue talks as its owners are seeking a buyer. The owner of rival retailer Poundstretcher had previously considered a rescue bid but has now withdrawn it. The leadership team at Poundland is attempting a buyout, though a union has cautioned that the retailer could instead fall into administration.

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