Poundstretcher restructuring plan needed to avoid administration, court told
Nina Massey, Press Association Law Correspondent Poundstretcher will “likely have no choice” but to file for administration if a restructuring plan is not approved, the High Court has heard.
The discount retailer, which has almost 300 stores and 3,000 staff across the UK, including 11 in Wales, was bought by US investment firm Fortress, which […]
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Poundstretcher on brink of administration
- 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 —
- Poundstretcher restructuring plan needed to avoid administration, court told The Argus —