Poundworld has appointed receivers for its nationwide chain of discount stores. The chain is just one of a number of high street retailers which have suffered over recent months – House of Fraser, Maplin and Toys ‘R’ Us being just a few. Its collapse puts at risk over 5,000 jobs nationwide.
The West Ealing branch is in the old Woolworth’s store and would probably have had to move with the site’s likely redevelopment(see story below).
The receivers Deloitte’s seem hopeful that some or all of the Poundworld stores will be bought.