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poundstretcher tyldesley closing down

Shoppers in Goole have been making a beeline for the popular Poundstretcher store after announcing a closing down sale. This location’s coordinates are specifically 53.5162 latitude, -2.47587 longitude. ... Poundstretcher in talks to close … Poundstretcher is considering closing more than half of its UK stores as part of a survival plan. Newport's Poundstretcher has posted 'closing down' sale signs in its High Street windows, two months after the firm, which has 450 stores across the UK, revealed financial troubles. It seems like half of Goole has come down. Profit after taxation declined from £2.1 million to £1.7million. "Poundstretcher is one of the biggest retail outlets on Goole so this represents another nail in the coffin for shopping in the town.". In its latest accounts for the year ended 31st March 2018, Poundstretcher reported sales of £387 million, down 2.5% on the previous year (£397 million). All stores in the group are expected to be shut by July. Bargain retailer Poundstretcher is shutting one of its Stoke-on-Trent stores. Poundstretcher recently confirmed plans to convert its entire store estate to its Bargain Buys fascia. The closure is a shock for shoppers in the town with Poundstretcher a dominant presence in the centre. Discount retailer Poundstretcher is closing a store in North Wales. Turnover rose 12.2% to £434.6m while profits slumped from £2m to a £227,000 pre-tax loss in the year ended 31 March 2019. One shopper, who did not want to be named, was in town on Saturday morning. The store is one of the anchor retailers in Goole town centre, Sign up to the Hull Live newsletter for daily updates and breaking news. 949 were here. Shoppers in Goole have been making a beeline for the popular Poundstretcher store after announcing a closing down sale. 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Discount retailer Poundstretcher has closed one of its stores. The discount chain Poundstretcher is close to shutting down nearly half its stores, with the likely loss of 2,000 jobs, as an outcome of a review of its finances. Then try one of the other Department stores nearby. It was already struggling but the impact of the coronavirus pandemic has exacerbated the situation. The discount chain announced in July it was considering closing half of its stores across the country with 253 at risk as part of a restructuring plan. Doubts hang over Poundstretcher’s ability to continue as a going concern, the company has said in newly filed full-year accounts. A large Devon branch of discount store Poundstretcher is set to close down this week - sparking rumours that the town could be getting its very first Aldi branch. Sabir Tayub, 48, was killed when his car careered off the M45 and crashed into a tree A wealthy businessman and son of the multi-millionaire owner … "People have been piling in and the car park is full. More than half of Poundstretcher's stores are at risk of closure as the high street discount chain prepares to launch a radical restructuring plan that will seek steep rent cuts from landlords. Copyright © 2007 - 2020 Opening-times.co.uk, Part of Locally.nl B.V. Stop in one of our 450 locations today to find GREAT DEALS! Poundstretcher is shutting up shop in Merrielands Retail Park in Merrielands Crescent. The UK's original value store! View the actual opening times of Poundstretcher Tyldesley Road in Manchester in our branch locator.For more information about opening times on Sunday or late night shopping make sure to view the information in the designated blocks. When you subscribe we will use the information you provide to send you these newsletters. The CVA put more than half of Poundstretcher's 450-store estate at risk as it seeks rent reductions. Poundstretcher could close over half its stores – more than 250 outlets affecting more than 2,000 jobs – as part of a planned rescue restructure.. The chain has announced it is shutting the … Poundstretcher, which is run by businessman Aziz Tayub, was struggling before the coronavirus pandemic. However, it registered a loss of £227,000, down from a £2 million profit the year prior. Sky News reports a restructuring plan is needed to rebuild the company during a difficult time for a number of businesses. More than 90 per cent of creditors voted to approved the CVA plans, including the majority of landlord, surpassing the 75 per cent total required in order to pass the resolution. A discount retailer is closing down its branch in Dagenham. The branch - on High Street, in Congleton - did manage to reopen following the relaxation of the Government's lockdown rules. Address: Unit 1 Richmond Retail Park, Tyldesley Road, Atherton, Manchester, Greater Manchester, M46 9AT. July 6 update: Poundstretchers has had its CVA proposal approved. This location’s coordinates are specifically 53.5162 latitude, -2.47587 longitude. The store had a huge closing down sale in April 2018 and finally shut in Plymouth in on June 11. Sometimes they’ll include recommendations for other related newsletters or services we offer. An application has been submitted to Caerphilly County Borough Council to convert the store in Castle View shopping centre. He said: "It is absolutely crazy at Poundstretcher with everyone coming down to grab a bargain. They saw a £3.4million profit turn into a massive £3.5million loss in 2017, signalling troubling times. The application says the gym would be staffed from 8am to 10pm on Monday to Saturday and 8am to 8pm on a Sunday. If this Poundstretcher isn’t nearby your location you can use the 'Map & Directions' tab to find the fastest route to Tyldesley Road in Manchester. Poundstretcher Ltd . You can unsubscribe at any time. explains more about how we use your data, and your rights. The potential closures could impact more than 2,000 of these jobs. Poundstretcher is considering closing up to a quarter of its stores following a review of its finances, according to reports. Poundstretcher is reportedly closing many of its stores across the UK. 1.29. bull brand green rolling paper 8 x 50 In September 2012, it was announced that out of the 20 stores that were acquired, 14 were to close, and the remaining 6 most profitable outlets would remain as part of the group. Category: Discount Centres. More than 300 Poundstretcher stores are facing closure, the company has announced. Is this Poundstretcher establishment closed? Poundstretcher Ltd. 13:35, 6 DEC 2020. Poundstretcher is reportedly in talks to close a quarter of its UK stores, in a restructuring plan that could place thousands of jobs at risk. Shopper spots embarrassing mistake on £1 Bargain Buys Christmas gift tags. Our. Poundstretcher is the latest retailer in trouble after Debenhams, New Look, Marks and Spencer and Mothercare as high street crisis continues The … COVID-19 • Latest News Poundstretcher in Newport will be closing its doors by the end of the month as part of the company’s nationwide rescue. In its 2019 accounts, the company reported sales of £434 million, an increase of 12 per cent from 2018. To contact this Department store by phone you can dial 05155140000 during business hours. The Grocer has reported that Poundstretcher is ‘looking at closing a quarter of its … It emerged last week that Poundworld is considering closing 110 of its 355 shops. The move puts more than 5,500 jobs at risk. If this Poundstretcher isn’t nearby your location you can use the 'Map & Directions' tab to find the fastest route to Tyldesley Road in Manchester. The regular opening times of Poundstretcher Tyldesley Road in Manchester are Monday to Friday 9AM-8PM, on Saturday 9AM-6PM, on Sunday 10AM-4PM. Poundstretcher has 450 UK stores, employing over 5,500 staff. For great value and variety in Garden, Storage, Kitchen, Bedding, Furniture, and much more please visit one of our 400 stores also don’t forget to sign up for our exclusive offers! Landline: 01942 8... Landline: 01942 8... Report a problem with this listing . You can unsubscribe at any time. bull brand extra slim pop-out filter tips 126 x 3 . In December Poundstretcher’s Leicester-based parent company Crown Crest Group confirmed pre-tax losses of £3.5m for the year to 31 March 2017, down … Signs only went up on Friday revealing the closing down sale although it isn't entirely clear exactly when it will shut permanently. You can unsubscribe at any time. Reviews Leave a review Crown Crest is used as the counterparty by many of Poundstretcher’s suppliers because it has a stronger balance sheet than the on-street retailer. A Poundstretcher store in Caerphilly could be replaced by a gym. In its 2019 accounts, the company during a difficult time for number! Tyldesley Road in Manchester are Monday to Saturday and 8am to 10pm on Monday to 9AM-8PM. The year ended 31 March 2019 the potential closures could impact more than 2,000 of these jobs the information provide! Stop in one of its UK stores as part of a survival plan the branch on. In on June 11 its entire store estate to its bargain Buys fascia with everyone coming down grab... A going concern, the company reported sales of £434 million, an increase 12. Million, an increase of 12 per cent from 2018 of businesses People been. Could impact more than half of Goole has come down M46 9AT fascia. 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