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Poundland is sold for £1

The Journal

June 13, 2025

POUNDLAND is set to shut dozens of stores after being sold for £1 to investment firm Gordon Brothers.

The discount chain, known for primarily selling products for £1, had been put on the market earlier this year after a sharp downturn in trading.

Poland-based Pepco Group, which has owned Poundland since 2016, said on Thursday it completed the sale of the business for a "nominal" fee. Sources close to the process have said this was £1.

Dit verhaal komt uit de June 13, 2025-editie van The Journal.

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