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 ā€œimprove the shopping experience for customersā€ and will invest in the business to ā€œhelp Poundstretcher grow its offering and reach across the UKā€.

 

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