#PoundLand

The discount chain is continuing to edge towards collapse and is said to be "running on fumes", according to one insider.

The discount chain is continuing to edge towards collapse and is said to be "running on fumes", according to one insider.

British companies that supply US-owned budget retailer face millions of pounds’ worth of losses if it collapses

Highcrest Retail Brands says it will lose millions if Poundland collapses, while other suppliers have said they would go under.

Budget retailer and 12,000 jobs at risk after US owner fails to accept buyout offers

Steve Smith calls on owners to accept proposed buyout as 12,000 staff face uncertain future in run-up to Christmas

With the chain on the brink of administration, its low-profile US owners face questions about their conduct

Poundland's bosses are filing a notice of intention to appoint administrators to the business.

The notice will give the business 10 working days of breathing space from creditors to secure a potential rescue deal

Gordon Brothers is filing notice of intent to begin process after rejecting management-backed rescue bid

Jonathan Reynolds’ team has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’