Why did Poundstretcher need a restructure and what’s the plan to turn it around?

Poundstretcher BEESTON-STORE-FRONT

Two years after its 2024 takeover, Poundstretcher is still in choppy waters, only narrowly being saved from administration last week

Poundstretcher’s 2024 takeover by US investment firm Fortress was seen as a fresh start for the discount chain, coming in the wake of a high-profile CVA and successive years of losses.

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