Poundstretcher rescued as court approves restructuring plan
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
6/15
5-Axis Cultural Radar
Discount retailer Poundstretcher’s 300 store network has been saved, with its restructuring plan securing court approval. During a High Court session, 93% of voting creditors supported the turnaround measures which were first outlined in March. Poundstretcher CEO Andy Atkinson said: “Today, our company is in a stronger position to continue investing in our stores, our...
