UK discount retailer to 'enter administration' if restructuring plan isn't approved
Poundstretcher is planning proposals to ask landlords to cut rents across its store portfolio as it attempted to secure its long-term future, though it emphasised there would be no shop closures
Poundstretcher on brink of administration
- Poundstretcher restructuring plan needed to avoid administration, court told Nation.Cymru —
- Poundstretcher needs restructuring plan which would see rents slashed at 300 stores to avoid administration Daily Mail —
- Poundstretcher seeks rent cuts in survival bid City AM —
- Poundstretcher restructuring plan needed to avoid administration, court told The Standard —
- Poundstretcher restructuring plan needed to avoid administration, court told The Independent —