Poundland shuts down beloved shop amid fears 600 stores could go up for SALE

POUNDLAND has shuttered a popular branch after 16 years in a blow to local shoppers. The popular branch closed for the last time yesterday, Tuesday, August 18 with locals describing the news as a "huge downfall" to the area. The discounter shuttered its site in Inverurie, Scotland at Station Square after the landlord w

Around 200 stores were shut a year ago, leaving 600 around the UK

The owner of Poundland is weighing up a sale of the discount retailer only one year after snapping it up for just £1.  Gordon Brothers, a Boston-based investment firm, is in talks with advisers over launching a potential auction for the retailer – which is in the midst of a drastic restructuring. The sale would…