Long-standing British bargain brand Poundland could be set to close a number of locations across the UK after being sold for just £1.
The franchise famed for selling things for just a quid has been a mainstay on the high streets for what feels like it’s been around for as long as most of us can remember, but has been struggling to compete in the discount market.
Opened in 1990, Poundland was eventually bought by Polish variety store chain Pepco Group back in 2016, but has now been auctioned off after struggling sales over the past few years.
As per a press release from the company, Pepco decided to sell the business to American investment firm Gordon Brothers for what reports cited as a “nominal fee” – a figure now revealed to be £1.
Credit: The Manc Group
Poundland’s former boss, Barry Williams, left the brand in 2023 but was reinstated in at the start of this year to help the business and the Group’s European counterparts (Pepco and Dealz).
Sharing an official update with The Manc, the returning MD and CEO said, “Poundland is a UK and Ireland retailer of real significance, serving 20 million customers each year with a much-loved brand.
“Although recent trading has been challenging, we have built a turnaround plan with a simplified and more focused Poundland at its heart, as we aim to deliver the amazing value our customers expect.
“In due course, we’ll share more details of the proposed restructuring and turnaround. I’d like to thank Pepco for its stewardship of the business. We welcome Gordon Brothers and look forward to working with them as we implement our turnaround plan.”
As for Gordon Bros themselves, the American group with outposts all over the globe, says it is “delighted” to be providing the bargain brand with “the financing to support the substantial turnaround of this iconic retailer.”
Even with their own hardships, Poundland stores have still been providing a much-needed cut-price place to shop for those looking to save wherever they can amid the cost of living crisis, not to mention taking over previous Wilko stores and helping bail out others in need.
Before Poundland were sold, they also helped prop-up those hit by the Wilkos falling into administration.
According to Retail Gazette, an approximate £80 million cash injection has been pledged to help support their 800 stores and roughly 16,000 staff across the UK and Ireland.
Nevertheless, BBC sources understand that the even with the new backing, the proposed restructuring of the company which will be put before the High Court here in England could still “involve a significant number of store closures.”
Meanwhile, an official statement from Pepco’s Stephan Borchert reads: “The agreed sale of Poundland marks an important milestone in our strategic plan to move away from FMCG and focus predominantly on Pepco, our higher margin clothing and general merchandise business…
“Poundland remains a key player in UK discount retail, with millions of customers annually and a well-loved brand and proposition. We want to sincerely thank Poundland for their ongoing commitment and contribution to the Group and wish Barry Williams and his team all the best for the future.”
Featured Images — Pepco (via Wikimedia Commons)/The Manc Group
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Manchester to fall silent today to mark 80th anniversary of VJ Day
Emily Sergeant
Manchester will mark the 80th anniversary of Victory over Japan (VJ Day) with a poignant ceremony at the city’s Cenotaph today.
While VE Day in May 1945 signified the end of World War II in Europe, thousands of British, Commonwealth, and Allied troops continued to fight in Asia and the Pacific – but VJ Day, which was declared on 15 August 1945, brought a final end to the global conflict.
The day remains a powerful reminder of the enduring spirit of those who fought for freedom, and Manchester‘s commemorations today will aim to honour their courage, resilience, and sacrifice.
The event will bring together veterans, civic leaders, cadets, and members of the public in a shared moment of reflection and gratitude.
This year’s commemorations in the city centre will begin at 11:50am.
15 August 1945 marked Victory over Japan.
Join us tomorrow at 11:40am at the Cenotaph to commemorate the 80th anniversary of WWII in the Far East and honour those who served🫡
A two minute silence will be held at 12 noon, marked by a maroon.
Commemorations will start with opening remarks from The Very Reverend Rogers Govender, followed by a solemn programme of remembrance.
The service will begin at 11:58am with The Exhortation recited by Brigadier AG Ross OBE, followed by The Last Post sounded by WO2 Nick Burroughs, and then at midday, a national two-minute silence will be observed – which will be marked by the firing of a maroon.
Brigadier Ross will then recite the Kohima Epitaph, leading into the wreath laying ceremony featuring cadets from the Manchester Trafalgar Unit Sea Cadets, and the Lord Mayor of Manchester.
The service will conclude with the singing of the National Anthem.
Manchester to fall silent today to mark 80th anniversary of VJ Day / Credit: Manchester City Council
Iconic buildings and landmarks in Manchester, including the Manchester Civic Quarter Heat Network (CQHN) tower, will illuminate their facades from 9pm tonight to honour VJ Day.
“Today, Manchester stands united in remembrance and respect,” commented Councillor Carmine Grimshaw, who is the Lord Mayor of Manchester. “The 80th anniversary of VJ Day is not only a tribute to those who served and sacrificed, but also a celebration of peace and resilience.
“Manchester’s commemorations today reflect the deep gratitude we hold for those who gave so much for the freedoms we have today.”
Featured Image – Manchester City Council
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First look at Chester Zoo’s new luxury safari-style lodges where you can sleep amongst the animals
Emily Sergeant
The first look at Chester Zoo’s new luxury safari-style resort has been released to the public, and it looks stunning.
In case you missed it, artist impression images of the highly anticipated wildlife lodge experience at Chester Zoo, called The Reserve, were unveiled earlier this year ahead of its grand opening to the public this month following several years in the works… but now opening day is right around the corner, the first official images have been shared.
The Reserve at Chester Zoo features 51 beautifully-designed lodges, with some overlooking a private savannah where giraffes, zebras, and blesbok antelope roam free, while others are nestled beside a peaceful lake.
Guests can choose from a variety of different lodges to stay in, available for up to nine people.
The lodges have been crafted using natural and sustainable materials, with the décor being inspired by landscapes in Africa, and it’s already being described as ‘the ultimate African safari experience right here in the UK’.
Combining luxurious accommodation with exclusive behind-the-scenes access to the zoo’s world-renowned wildlife, Chester Zoo says the new resort is set to transform how travellers experience conservation in the UK.
Those behind the project say the innovative concept – where every stay directly-funds the protection of threatened species globally – will help to strengthen the zoo’s role as ‘one of the country’s most loved and most impactful conservation charities’.
Chester Zoo has given the first look at its new luxury safari-style lodges / Credit: Chester Zoo
“The Reserve at Chester Zoo is a game-changer, not just for luxury travel but for conservation,” commented Jamie Christon, who is the CEO at Chester Zoo.
“Born from our long-standing commitment to protecting African wildlife, we’ve created a truly immersive, safari-style experience right here in the UK, where guests may wake up to giraffes on their doorstep, enjoy unforgettable wildlife encounters and relax in beautifully designed lodges surrounded by nature.
“But what makes The Reserve truly unique is its purpose.
“Guests at The Reserve aren’t just going to enjoy a luxury break – they’re going to power our conservation movement for generations to come.”
Stays at the resort are now available to book online / Credit: Chester Zoo
In the off-season, prices for the lodges start from £375, while one-night stays in summer start from £672.50.
And then in peak season, for the more luxurious lodges, prices can go all the way up to £2,486, but it is worth noting, however, that this does include guided safari tours and going behind the scenes with the giraffes.
Danny Jones -
12th June 2025 
