80 more Poundworld stores to shut, resulting in 1024 more job losses

More than 1,000 jobs are to go with the closure of 80 Poundworld stores including the branch at Merry Hill

EIGHT people will lose their jobs when Poundworld's Birkenhead branch closes its doors next week.

Restructuring partners at Deloitte said they are still trying to find a buyer but that it has not been possible to sell the whole business.

It will leave Poundworld with just 230 open branches.

Deloitte said the closure of the stores would not affect the potential sale of part, or parts, of the remaining business, "with discussions continuing with interested parties".

The beleaguered business is closing 105 stores nationwide, resulting in 1,024 job losses, in addition to the 25 marked for closure last week.

Richard Hyman, an independent retail analyst, said: 'The big picture is there are too many retailers with too many stores for the market to feed'.

Demi Moore hilariously mocks ex Bruce Willis
Actor Bruce Willis became the latest target of Comedy Centrals annual roast here, with his ex wife turning up to join in on the abuse.

Gerrard happy with Rangers win but warns against complacency
Shkupi had frustrated Rangers at Ibrox after Jamie Murphy's early opener but Gerrard expects them to throw caution to the wind in Skopje.

How to send spam calls straight to voicemail with Google's phone app
Whenever I stick around long enough to talk to a rep so I can ask them to stop calling me again, they immediately hang up on me. Additionally, should the caller decide to leave a message in the voicemail, the receiver will still be able to access it.

Administrators to collapsed discount retailer Poundworld have announced the closure of a further 80 stores - including ones in Portsmouth and Havant - in an organised wind down.


'We would like to thank all the employees for their continued support and commitment'.

The news comes as hopes for a rescue of the beleaguered retailer fade.

Poundworld's founder Chris Edwards has previously criticised Deloitte for turning down an offer to buy the business back.

On Monday there were reports that the founder of Black Country-based rival Poundland, Steve Smith, was in early-stage talks about a bid to salvage part of Poundworld out of administration.

Related News:

  • Theresa May is pleasing no one with her Brexit balancing act

    Theresa May is pleasing no one with her Brexit balancing act

    On Monday, Brexit supporters targeted the government's so-called customs bill, hoping to toughen up her plans. MPs debated amendments on the customs bill - officially named the Taxation (Cross-Border Trade) Bill.
    World Cup star Kylian Mbappe speaks on Real Madrid talk

    World Cup star Kylian Mbappe speaks on Real Madrid talk

    In the 38th minute, the 27-year-old forward scored, setting the score of 2-1. It's France's second World Cup win, after their first in 1998.
    International Monetary Fund  cuts India growth forecast for 2018 by a notch to 7.3%

    International Monetary Fund cuts India growth forecast for 2018 by a notch to 7.3%

    And while the fiscal stimulus will boost United States demand, it also will increase inflationary pressures, the WEO warned. Global cooperation and a "rule-based trade system has a vital role to play in preserving the global expansion".
  • Russian President Vladimir Putin's Helsinki showmanship starts with his new limo

    Russian President Vladimir Putin's Helsinki showmanship starts with his new limo

    There were concerns that Putin could influence Trump during their one-on-one meeting . He added that there was "no question" Moscow had interfered in the 2016 election.
    Help Me Hank takes closer look at top Amazon Prime Day deals

    Help Me Hank takes closer look at top Amazon Prime Day deals

    It's worth remembering that to get the deals you'll need an Amazon Prime account which costs £7.99 per month or £79 per year. Packages move along a conveyor belt at the Amazon.com Inc. fulfillment center in Robbinsville, New Jersey, June 7, 2018.
    Vladimir Putin denies Russian Federation  interfered in 2016 U.S.  elections

    Vladimir Putin denies Russian Federation interfered in 2016 U.S. elections

    I think the US has been foolish. "We've all been foolish", he said, before veering into discussion about his election victory. Trump said that "creating safety for Israel is something that both President Putin and myself" want to happen.
  • Meghan Markle is faking her smile, says her father

    Meghan Markle is faking her smile, says her father

    According to Markle, he's being shunned by his daughter's royal in-laws over staging photos with a paparazzi accomplice. He told The Sun he spoke to Meghan and Harry briefly after the royal wedding but has since been unable to reach her.
    Putin declares summit with Trump 'very successful'

    Putin declares summit with Trump 'very successful'

    "Today's press conference in Helsinki was one of the most disgraceful performances by an American president in memory ". Putin did not answer a question on whether he has collected compromising personal material on Trump and his family.
    Action Rugrats Movie, Plus TV Series Reboot In the Works

    Action Rugrats Movie, Plus TV Series Reboot In the Works

    The beloved children's series Rugrats is coming back to television and a live-action feature film has also been greenlit. Arlene Klasky , Gábor Csupó and Paul Germain , creators of the original 1991 series, will return as executive producers.
  • FCC slams Sinclair-Tribune TV-station spinoff plan

    FCC slams Sinclair-Tribune TV-station spinoff plan

    "Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction", he said. The order also questions ties between Sinclair and the proposed purchaser of the Texas station, the official said.

    Mamma Mia 2: Cher makes Abba's music 'sound like hers'

    Here We Go Again is released on 20 July, and has been touted by lead actor Amanda Seyfried as a "better" movie with "more heart". The Mirror scored the movie four stars, saying: " Mamma Mia 2's manic determination to give you a good time is relentless".

    "Well I Might Ask Putin To Extradite Accused Russian Hackers", Says Trump

    Huntsman , who is in Helsinki for the Trump-Putin powwow, said Russia's takeover of Crimea from Ukraine in 2014 is on the agenda. Putin is regarded as creating a culture of violence and impunity that has resulted in the killing of some Russian journalists.

Most liked

Machado Homers As Orioles Beat Rangers 6-5
Jim Salisbury, of NBC Sports Philadelphia, writes the Phillies have interest in acquiring pitcher J.A. Will they sit on their hands until the Orioles decide where to trade the superstar shortstop? No.

5 killed in landslide in Indian-controlled Kashmir
The injured were carried to the district hospital at Reasi by locals in their private cars where only one doctor was on duty. Governor asked CEO to ensure that the cost of the entire treatment provided to the injured was borne by the Shrine Board.

Putin says Russian collusion accusations ‘nonsense,’ Trump calls Mueller probe ‘disaster’
Talking to the media before the one-on-one summit with Putin, Trump did not mention Russia's meddling in the USA election. I've been asking that for months and months and I've been tweeting it out and calling it out on social media.

Amazon's Prime Day Launch Experienced Some Technical Problems
Many complained about being unable to checkout or search for products, instead getting an error page with images of dogs. Amazon's invented July shopping holiday, Prime Day, got off to a less than epic start.

Showtime and Sacha Baron Cohen push back against Sarah Palin
She ultimately left, however, after claiming to have experienced "a long "interview" full of Hollywoodism's disrespect and sarcasm".

Bolt poised for surprise trial with Oz football club
His football agent, Tony Rallis, said a "deal between the Mariners and Usain Bolt in principle has been agreed". Club officials said "if all goes well", Bolt could be signed for a season.

'Putin's poodle': newspapers declare Trump a traitor after Helsinki summit
Browder, an outspoken Putin critic, was a driving force behind a U.S. law targeting Russian officials over human rights abuses. Putin declined but, according to the Post , he did send "a "friendly" letter and a gift of a Russian lacquered box" to Trump.

Liverpool meet Roma's €70million asking price for Alisson
Chelsea's interest in the Brazilian shot-stopper has been well-documented, along with that of Liverpool in recent months. Liverpool FC are leading Chelsea FC in the race to sign Alisson Becker from AS Roma this summer, according to reports.

2 die in France during World Cup celebrations
France has been short of reasons to feel proud, and now is the moment. This is obviously not in the spirit of the world cup. It is the second time France has won the World Cup .

Veteran actor Rita Bhaduri passes away at the age of 62
From playing a loving mother in Kya Kehna to a cunning aunt in Beta , Rita Bhaduri has done it all. "Will miss you Ma", he wrote. Ms Bhaduri was being treated at Mumbai's Sujay Hospital in Vile Parle for a kidney ailment , news agency IANS reports.

FASTEST MAN IN SOCCER? Usain Bolt to trial with A-League’s Mariners
FFA has a pot of $3 million, provided by Fox Sports, to spend on marquee players for the upcoming season. A Football Federal Australia spokesman told the BBC that it would not assist in funding Bolt's trial.

Syrian government targets rebels near Israel-occupied Golan
Meanwhile, the Syrian Arab Red Crescent said that a humanitarian aid convoy reached government-held parts of southwest Syria. The government's push came after it had secured control of most of Daraa province in an offensive that began in June.

Home Run Derby could see madness ensue
Bryce's dad, Ron, pitched to him at the Home Run Derby , and baseball fans learned that he's actually more jacked than Bryce is. Bryce Harper, who said he was exhausted after taking his cuts in the first round, certainly appeared gassed in the final round.

Houston's Bregman to praticipate in All Star Home Run Derby
If a slugger hits two home runs of at least 440 feet, he gets an extra 30 seconds of bonus time at the end of the round. He made the most of his opportunity with the team and has been a wrecking-ball on the offensive end for the Dodgers .

Sacha Baron Cohen's Who Is America? leaves viewers cringing and terrified
In both, Cohen is seen seated in a wheelchair, has a prosthetic leg, and wears a MAGA had an an Army T-shirt. Palin savaged Cohen, the show and Showtime last week in a Facebook post when she discovered she'd been had.