Poundland supplier urges 'thorough' state probe into owner's conduct
What the 2 sources said
“Poundland supplier urges 'thorough' state probe into owner's conduct”
A major Poundland supplier has urged the government to "thoroughly investigate" the conduct of its majority owner as the discount chain teeters on the brink of collapse.
Read at Sky News – UK“Poundland suppliers warn US owner must not maximise its return at their expense”
British companies that supply the budget retailer face millions of pounds-worth of losses if it collapses Suppliers facing millions of pounds in losses if Poundland collapses have said the chain’s US owner “should not be permitted” to maximise its return at their expense, as ministers attempt to intervene in the situation. The fate of the retail chain, its 12,000 staff and about 2,000 suppliers remains uncertain after it filed a notice of intention to appoint administrators at the high court…
Read at The Guardian – UKWhat the reports add
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