Word has reached us that US investment firm Gordon Brothers is seeking a buyer for it's Poundland stores that it bought in the summer of 2025 for a symbolic £1.
The chain has been struggling for a number of years due to pressures including rising costs and competition.
Launched in 1990, the chain where "everything's £1" was good value for money, but 36 years later, £1 does not buy anywhere near as much as it once did.
In fact, to reflect the rate of inflation since 1990, it is expected that the new owners will rename the discount chain to Two-pounds-fifty-seven-land.
image by Grok
