Poundworld to shut 80 shops
ADMINISTRATORS are to shut 80 more Poundworld stores, resulting in 1,024 job losses at the collapsed discount retailer.
Deloitte, which is overseeing the process, has struggled to sell the business as a whole but said the latest raft of closures will not affect a potential deal for the remaining business.
The administrator said discussions with interested parties are ongoing and “will continue to progress” over the coming days.
The 80 stores will all close over next weekend.
It will leave Poundworld with just 230 branches.
The news follows announcements made earlier this month over the shutting of 25 stores with 242 staff out of work.