Business · 18 August 2026

Poundland could be sold again a year after being bought for £1

Boston investment firm Gordon Brothers will likely hire advisers within days to organise an auction. The current owners took over the struggling retailer in July 2025, shortly before a court-approved rescue plan shut up to 200 shops. The chain still runs about 600 UK stores but lost £79m before tax in the year leading up to September 2024.

By BriefTea Editorial · 18 August 2026 at 12:28

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