Under attack: Poundworld founder claims bid to save stores being ignored

The founder of Poundworld has attacked the retailer’s administrators, saying his bid to save thousands of jobs has been ignored. Chris Edwards, who founded Poundworld in 1974, wants to save around 180 stores, safeguarding 3,000 jobs, but said yesterday that “the whole administration process has been handled badly”. Poundworld collapsed into administration on 11 June, putting more than 5,000 jobs at risk. Administrators at Deloitte have been looking for a buyer, but have so far failed and have launched closing-down sales in Poundworld’s stores.