Poundland has been sold for £1

by tomthecool

35 comments
  1. A whole land was too much to manage. They’re going to have to downsize to just a town.

  2. Eh, I’ll wait to pick it up in the discount bin for 40p in a few weeks.

  3. Only thing about that shop that’s related to £1 anymore. Rare to see anything in there below £2 now

  4. Sold to a US investment firm. Well, that’s Poundland finished then.

  5. Sold to a US investment firm. So prepare to see pound land strip mined for anything of value while also being saddled with the owners existing debts

    Just like toys r us

  6. This reminds me when Rover was sold for £10.

    I laughed when it was bought, IP transferred and then sold for £10.

  7. I remember Poundland took over some of Wilko’s closed stores. Now Poundland is also closing?

  8. I never thought to offer. Best bargains are hard to find

  9. I always got the feeling at one point Poundland was cannibalising sales, especially after they bought 99p Store. I remember in Norwich you could see one Poundland from the other across the road.

  10. Gordon Brothers…same people who bought Bed Bath Beyond and Borders and stripped them of all value 

  11. “investment firm” is an interesting choice of words to describe a company that is very open about being a liquidation firm. They literally have an assett selling page on their website.

  12. Kind of ironic that they sold for a price that they hardly sell anything for these days!

  13. Maybe they can rebuild the beloved library in Exeter that they knocked down to build the Poundland.

  14. Inflation killed poundland, just like it killed the penny farthing.

  15. So ..£4 cheaper than most of the tat in there these days?

  16. It’s been bought by an American PFI, Poundland is going to become super shit.

  17. You can’t even buy things in Poundland for £1 anymore, but you can buy the company for £1?

  18. What clever person thought it a good idea to sell clothes in there?

  19. I would have paid £1.10 if I’d have known it was on offer

  20. I have been to Poundland a handful of times, I did not realise it was an option to say ‘I’ll take the whole chain, including all stock in all stores’ and hand over my £1 coin at the till.

    I guess I missed a trick

  21. I expect a lot of store closures.

    Their stores are simply too big to be sustainable, they tried filling it with clothing but that was a disaster.

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