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531 jobs on the chopping block as Poundword closes 40 more stores

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Hopes are beginning to fade for beleaguered discount retailer Poundworld to be rescued after an additional 40 store closures were announced as part of its administration process. The affected stores will close on Tuesday, July 24 and will see 531 staff lose their jobs. Poundworld collapsed last month, but administrators Deloitte have been unable to find a buyer and a string of store closures and job cuts in recent weeks mean the chain is closer to disappearing from the high street.

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531 jobs on the chopping block as Poundword closes 40 more stores

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