Don’t let Poundland owner maximise its return at our expense, suppliers say
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British companies that supply US-owned budget retailer face millions of pounds’ worth of losses if it collapses
Poundland has 600 shops in Britain and employs about 12,000 staff. Photograph: Hannah McKay/ReutersPoundland has 600 shops in Britain and employs about 12,000 staff. Photograph: Hannah McKay/ReutersDon’t let Poundland owner maximise its return at our expense, suppliers say
British companies that supply US-owned budget retailer face millions of pounds’ worth of losses if it collapses
Suppliers facing millions of pounds in losses if Poundland collapses have said the chain’s US owner should not be permitted to maximise its return at their expense, as ministers attempt to intervene in the situation.