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The Independent UK
The Independent UK
Rebecca Whittaker

Poundland set to be sold ‘for a pound’ as frontrunners for takeover are revealed

Poundland Barry Williams Gordon Brothers Laura Ashley Pepco Pepco Group
Poundland could be sold for a pound, reports suggest, as the business struggles amid tough trading conditions - (AFP via Getty Images)

Poundland could be sold for a pound, with the UK discount retail chain reportedly struggling amid tough trading conditions.

Back in March, its owner Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focused on its more profitable Pepco brand.

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