Poundstretcher seeks rent cuts in survival bid
City AM
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The plan will see the retail chain, which operates 298 stores in the UK, stabilise a “substantial fall in turnover” and rising leasehold costs, the Insolvency and Companies Court heard today.
In the High https://www.cityam.com/poundstretcher-seeks-rent-cuts-in-survival-bid/">[...]
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 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 —