Discount retailer Poundworld has appointed administrators, putting 5,100 jobs at risk.
www.bbc.co.uk/news/business-44436435
I've only ever been in one of their shops, the one in Regent Street, Swindon. Ironically it used to be the old Woolworth's store, IIRC. The rear end of the shop had the "more than a £1" range of items.
Shelves always used to be full to the rafters, helpful staff, hardly any waiting at the tills, but this past year it was completely the opposite. It wasn't worth going in as more often than not they didn't have what I wanted. Poundland is only a few yrds down the road and is always well stocked.
Whilst Poundland seems to be able to manage quite well (and also the likes of B & M, and Home Bargains.), it would seem that Poundworld cannot, despite all selling similar items. Wonder how they got it so wrong?
EDIT - Hmmm, it would seem that Poundland in Regent Street, Swindon is also closing. Maybe they're not doing that well either.
Last edited by: VxFan on Mon 11 Jun 18 at 13:13
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