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Old 07-06-2018, 10:22   #123
heero_yuy
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Join Date: Mar 2009
Location: Worthing West Sussex
Age: 66
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Re: House of Fraser in trouble...

Quote:
Quote from The Sun:


Poundworld is at risk of collapse after a buyer walked away from talks to rescue the business.

The retailer could be expected to call in administrators within days if it doesn't find a buyer, according to a source, putting 5,300 jobs at risk.

There has previously been speculation that Poundworld was going to axe 100 shops but if the retailer goes into administration, this could put more of its 355 stores at risk.

The budget brand was put up for sale by it's owner TPG Capital, but a potential buyer, Alteri Investors, is said to have walked away from sale talks.
Maybe somebody will buy it for a pound?
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