Poundland’s US owner admits the retailer remains vulnerable despite ministerial talks, highlighting ongoing financial instability and the urgent need to secure a buyer to protect jobs.
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Gordon Brothers still in ‘active discussions’ with interested parties and seeks to ‘protect as many jobs as possible’The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of its handling of the retailer.Gordon Brothers said in a statement on Thursday morning that it was still in “active discussions” with interested suitors and had been seeking to “protect as many jobs as possible”. Continue reading...
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