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Poundland’s US owner says retailer remains ‘vulnerable’, after talks with ministers

Key Points

Gordon Brothers still in ‘active discussions’ with interested parties and seeks to ‘protect as many jobs as possible’The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of its handling of the retailer. Gordon Brothers said in a statement on Thursday morning that it was still in “active discussions” with interested suitors and had been seeking to “protect as many jobs as possible”.

Gordon Brothers still in ‘active discussions’ with interested parties and seeks to ‘protect as many jobs as possible’

The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of its handling of the retailer.

Gordon Brothers said in a statement on Thursday morning that it was still in “active discussions” with interested suitors and had been seeking to “protect as many jobs as possible”.

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Poundland (LOCATION) US (LOCATION) Gordon Brothers (PERSON) possible’The US (ORG)
Originally published by The Guardian Business Read original →