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The Latest Breaking News from Aziz Tayub

Poundstretcher sold to Majestic Wine owner Fortress

US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum

The Guardian - UK · Apr 11, 2024

Exclusive: Poundstretcher owner Aziz Tayub wants to float chain this year – despite parting ways with latest CEO

Announcement comes despite Poundstretcher parting ways with CEO Derek Lawlor after less than a year

Birmingham Post · May 4, 2023

Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound

Discount chain said the biggest single creditor was HMRC followed by around 250 of its shop landlords

Birmingham Post · Nov 15, 2022

From analysis to the latest developments in health,
read the most diverse news in one place.

Poundstretcher owner Aziz Tayub on keeping price rises down while turning losses into £45m profits

'We would be happy for that level of profit to continue and are confident that’s what will happen'

Birmingham Post · Jun 27, 2022

Latest on the closed JTF Mega Discount Stores and what's happening next

JTF Mega Discount Warehouse was bought out of administration by Poundstretcher in 2021 but some stores stayed closed

Birmingham Post · Apr 4, 2022

Poundstretcher CEO reveals fate of eight JTF Mega Discount Warehouse stores

The discount chain had reopened stores and wanted to open another 15 following the acquisition last year

Birmingham Post · Apr 4, 2022

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