Why Poundland is struggling during a cost-of-living crisis
Poundland has found itself trying to secure its future on the high street.
Poundland has found itself running a store closure programme as it tries to secure its future on the high street. More than 100 of its shops have either shut or been earmarked for closure since the summer. That's after the business was sold in June for a nominal 拢1 amid "challenging trading conditions".
For 麻豆社 InDepth, 麻豆社 business correspondent, Emma Simpson looks into why some budget shops that are household names are having such a tough time - despite many people feeling the financial pinch.
Article read by Owen Thomas James.
麻豆社 InDepth is the home on the website and app for the best analysis, with fresh perspectives that challenge assumptions and deep reporting on the biggest issues of the day. You can find more from 麻豆社 InDepth on the 麻豆社 News website or app.
(Image: Getty)
