Will ex-Morrisons men make Poundstretcher another shrewd buy for Fortress?

Exterior-of-Poundstretcher-Catford-store

Last week, it was announced that Majestic Wine and Punch Pubs owner Fortress had acquired discount retailer Poundstretcher, along with a new leadership team made up of ex-Morrisons staff.

In the announcement, Fortress said it would “improve the shopping experience for customers” and will invest in the business to “help Poundstretcher grow its offering and reach across the UK”.

 

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