Poundland outlines restructuring plan to kick-start turnaround

Poundland exterior, Cornwall

Source: GettyImages/iStock/Nigel Harris

Value specialist Poundland intends to make sweeping changes to its business as it seeks to recover following poor trading.

Job losses will accompany the restructuring, which must be sanctioned by creditors through a High Court process, but the exact number of people affected has not been disclosed.

 

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