Image source, Getty Images- Published29 October 2026, 09:46 GMT
The future of Poundland hangs in the balance as the discount chain edges towards collapse, the BBC understands.
The retailer has filed a notice of intention to appoint administrators, which if approved by the High Court, will give the business 10 days breathing space to find a rescue deal.
Poundland's managing director Barry Williams wrote a memo to his 12,000 staff across its 600 stores in the UK and Ireland saying the American owner of the chain had limited the chain's access to funding.
