Poundland is facing a heightened risk of collapse as the directors recruited to lead the retailer through a sale process are on the brink of resigning, it has been claimed.
Retailer's workforce and store footprint
Poundland employs more than 10,000 people and counts some 600 stores across the country. The reported boardroom instability comes as a major blow to Andy Burnham, whose involvement has been linked to the retailer's situation.
Sale process under threat
The directors were brought in specifically to manage the sale process, and their potential departure could derail efforts to secure the company's future. The claim has raised concerns about the chain's ability to continue operating in the coming days.
No further details have been released about the status of the sale or the reasons behind the directors' reported intention to step down.
