Fears Poundland could enter administration placing 12,000 jobs at risk

• Around 12,000 jobs across 600 Poundland stores could be placed at risk as trade union Usdaw warns the discount retailer might enter administration.
• Owner Gordon Brothers placed the chain up for sale just over a year after purchasing it for £1 in summer 2025.
• Usdaw expressed concern that buyout bids, including a management attempt led by managing director Barry Williams and former Asda chief executive Andy Bond, are being turned down.
• Martin Property Group has emerged as a preferred partner for the management team, while supermarkets Aldi and Lidl have also been linked with potential bids.
• Poundland insisted it remains business as usual on the high street, highlighting a recent recovery plan that returned the firm to like-for-like sales growth.

IN FULL

Poundland on the brink: Union fears administration budget cuts put thousands of jobs under threat