Renamed Poundland-owner eyes brighter future

The Times' retail editor Ashley Armstrong tweets:

Poundland-owner ready for sale or flotation - report

Getty Images

The Times is reporting that Pepkor Europe, which owns Poundland, could soon be sold or floated, valuing the business at around €4bn (£3.6bn).

The newspaper says Pepkor Europe has had meetings with bankers and lawyers to advise on a dual track process to explore a sale or an initial public offering.

Is Poundland still Poundland if goods are less or more than £1?

The Times retail editor Ashley Armstrong tweets...

Poundland: 'Make a decision'

Poundland is definitely fed up with Brexit uncertainty. It has put out a statement asking Parliament to "make a decision" and saying it is considering starting its own party.

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Do Halloween toys encourage children to play with knives?

Poundland has completely stopped selling kitchen knives because it's worried about fuelling a cheap supply of weapons.

However, the retailer has come under fire from parents for selling realistic-looking toy knives to children for Halloween.

With the current knife crime problem in London, is it dangerous to encourage children to play with knives, or is it just some Halloween fun?

Landlords need to 'change their expectations'

Poundland is opening 20 stores that were formerly part of the Poundworld chain.

Poundworld went into administration in June at the cost of more than 5,000 jobs.

The stores are expected to open in October, creating 400 jobs.

Poundland is looking for more sites, but has a warning for landlords.

"We can only do this if landlords really change their expectations about the total cost of occupation to reflect the new realities of UK retail,” said Poundland managing director, Barry Williams.

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Poundland moves to take over 20 former Poundworld sites

Allen Cook

BBC News

Twenty former Poundworld stores are going to be taken over by the West Midlands-based retailer Poundland.

A Poundland sign going on a Poundworld

The discount chain went into administration in June after struggling with tough competition on the High Street.

All its stores closed by 10 August and, in total, the collapse of the chain resulted in the loss of 5,100 jobs.

Poundland, which has its head office in Willenhall, says the move will create 400 jobs in locations including Edinburgh and Ayr.