Thursday, 5 November 2026

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Poundland suppliers warn US owner must not maximise its return at their expense

British companies that supply the budget retailer face millions of pounds-worth of losses if it collapsesSuppliers facing millions of pounds in losses if Poundland collapses have said the chain’s US owner “should not be permitted” to maximise its return at their expense, as ministers attempt to intervene in the situation.The fate of the retail chain, its 12,000 staff and about…

British companies that supply the budget retailer face millions of pounds-worth of losses if it collapsesSuppliers facing millions of pounds in losses if Poundland collapses have said the chain’s US owner “should not be permitted” to maximise its return at their expense, as ministers attempt to intervene in the situation.The fate of the retail chain, its 12,000 staff and about…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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