Web1 Jan 2024 · Poundstretcher was forced to enter a CVA in 2024 because of crippling rents but had seen an £80 million turnaround in profits in the space of just one year, reported Business Live in September. WebEve Sleep, the online mattress-supply retailer, went into administration in October 2024 after what its management called a 'tutsami' of increased costs and supply issues. Its assets and goodwill have been acquired by Benson for Beds for £0.6m. According to Retail Gazette £0.4m is owing to HMRC.
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Web9 Mar 2024 · The shop will be offering half price on "absolutely everything", starting at 9am tomorrow (Thursday). Poundstretcher offers homeware, cleaning products, confectionery, and drinks at value prices. Loo Loo Rose, Poundstretcher Marketing Manager commented: “50% off absolutely EVERYTHING in store is such an amazing deal for the local community. WebIt all comes amid a wretched few weeks for retail in the UK, with Toys R Us and Maplin going bust and risking 5,500 jobs. A string of other retailers are suffering hugely, and today … st jorishof oirschot
JTF Mega Discount Warehouse collapses with 500 job losses
WebNew leadership took immediate steps to drastically reduce the business’s overheads by circa £2.5m per annum and tackle £7m of debt which was successfully achieved, … WebPoundstretcher could become the latest casualty on the high street if it doesn't get backing from 75 per cent of creditors. The Office for Budget Responsibility (OBR) predicted that … WebPoundstretcher, which has 353 stores and 6,000 staff, was forced into a CVA of its own in 2024 because of crippling rents, but saw an £80 million turnaround in profits in the space … st jorishoeve boekhout