Policy

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

Private Trade News trader edition (2026-11-05): The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of… Primary source: original at The Guardian (theguardian.com).

November 5, 2026 11:41 AM GMT · The Guardian

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

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”.

Read also

Don’t let Poundland owner maximise its return at our expense, suppliers say

Ministers to target ‘wild west’ of ebikes blocking pavements

Interest rates expected to rise for first time in over three years

Elon Musk’s nearly half a billion dollars in midterms spending was a flop