Court to have final say on Poundland restructuring after creditor pushback

Poundland storefront

Creditors have failed to fully back value retailer Poundland’s restructuring plan, meaning a final decision will be made at a court hearing next week, Retail Week understands.

Poundland’s turnaround proposals - involving store closures, rent cuts and job losses - had to be put to creditors as part of a formal process.

 

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