DEALZ STAFF IN Ireland are “in the dark” about the future of the company and their jobs as UK arm Poundland, owned by the same parent company, is potentially edging towards insolvency.
Owners Gordon Brothers on Thursday moved to appoint administrators AlixPartners to the business, which will give the business 10 working days to secure a sale deal without being pursued by creditors.
The Board of Poundland Limited issued a statement on Thursday evening which said that over the last two months it has been working on a “formal sale process for Poundland” but that despite “enormous efforts” they haven’t had an…