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Poundland Starts Insolvency Process in Latest UK Retail Setback

Poundland Group Ltd began insolvency proceedings just over a year after the discount retailer was bought by Gordon Brothers for £1 ($1.38), in another blow to Britain’s ailing high streets.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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