Poundland eyes rent cuts in bid to save on costs
Struggling value player Poundland is reportedly mulling plans to force through steep rent cuts on its properties in a bid to slash mounting costs.
Hundreds of stores have reportedly been earmarked for rent reductions by its parent company Pepco, in a bid to shore up its balance sheet during the retailer’s ongoing attempt to find a buyer for the struggling chain according to The Telegraph.
Already have an account? Sign in here