Poundland owner plots sale of discount chain a year after takeover

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…

The owner of Poundland is exploring a sale of the discount retailer just over a year after buying it in a deal which resulted in the closure of as many as 200 stores.