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The Latest Breaking News from Poundstretcher

Poundstretcher vows not to cut stores or jobs as it launches restructure

The discount retailer said the overhaul will aim to reduce rents and other costs linked to shops.

Evening Standard

UK arthouse cinema chain snapped up by private equity giant behind Poundstretcher

350 jobs have been secured in the deal

The Independent UK

Curzon cinema chain acquired by Poundstretcher owner Fortress

US private equity group buys company’s 16 UK cinemas, distribution arm and online streaming service

The Guardian - UK

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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

Poundstretcher apologies for 'insensitive' advert after backlash

The retailer says it 'deeply regrets' sharing the post

Manchester Evening News

Poundstretcher closing another store this month - is your local shutting for good?

Poundstretcher will shut its Leyland branch in the Churchill Way Retail Park on June 23 - it comes after a handful of other UK closures over the past few months

Daily Mirror

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

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John Lewis, Argos and Poundstretcher warning as products pulled from shelves

The items were pulled from shops due to safety fears

Liverpool Echo

Poundstretcher says it plans to open 50 new shops across UK this year

It also announced that workers are getting a 10% pay rise

Wales Online

Poundstretcher announces plan to open 50 new stores - and workers get 10% pay rise

Poundstretcher has opened around 30 sites across the UK in the last year and currently has over 350 shops nationwide with over 6,000 employees

Daily Mirror

Poundstretcher gives shop workers second 10% pay rise

Increase applies to almost 4,000 Poundstretcher staff and comes a year after previous 10% rise

Birmingham Post

Joules, Roll-Royce, Raleigh, Derby County and Boots: 20 of the most read East Midlands stories of 2022

Stories about Boohoo, Octopus Energy, Poundstretcher, Next and Marks Electrical also proved popular

Birmingham Post

New massive B&M opening date announced as search for staff launched

Full and part-time staff are being sought ahead of the opening in the next few months.

Daily Record

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

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Edinburgh Live

Huge blaze engulfs Scottish high street as crews battle to control flames

A large emergency response worked through the night in Leven, Fife, after the fire broke out in the local Poundstretcher store and quickly ripped through the building.

Glasgow Live

B&M shoppers go wild for dupe of Lush's sought-after Snow Fairy collection

Bargain hunters went wild for a new dupe of Lush's cult Snow Fairy range that's available in Poundstretcher and B&M, for a fraction of the price it usually costs.

Liverpool Echo

Mum recreates £2,000 Taskers dream garden with Wilko and Morrisons bargains

Stephanie created her outdoor space for less by shopping at Wilko and Poundstretcher

Nottingham Post

Former JTF Hucknall site goes on market after financial failure of company

It closed its doors for good in March

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Manchester Evening News

'I went to Greater Manchester's pound shop capital to see what you can actually buy for £1'

There's Poundland, Poundstretcher, Around a Pound and Pound Express Plus (as well as the Pound Bakery) all in this Manchester suburb - but what can a pound really get you these days?

Daily Record

Work on giant B&M shop progressing as walls come down to make huge superstore

The shop is set to be one of the biggest in Ayrshire.

Manchester Evening News

We found the cheapest toilet roll out of Home Bargains, B&M, Poundstretcher and Quality Save - and counted every sheet

Nobody wants to be throwing money down the toilet and when it comes to spending a penny, there are pounds to be saved

Birmingham Post

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'

Daily Record

Work on supersized B&M store gets underway as Poundstretcher shop closes down

Fencing has been erected around the giant retail site.

Edinburgh Live

Raging Edinburgh shopper claims Poundstretcher has hiked prices in 'unfair' deal

Lisa Elder left the shop empty handed after looking for bargains under the shops new promotional offers and realising all was not as it seemed.

Birmingham Post

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

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