poundstretcher tyldesley closing down

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2015-01-29

poundstretcher tyldesley closing down

Poundstretcher, which is run by businessman Aziz Tayub, was struggling before the coronavirus pandemic. Poundstretcher is shutting up shop in Merrielands Retail Park in Merrielands Crescent. Discount retailer Poundstretcher has closed one of its stores. The regular opening times of Poundstretcher Tyldesley Road in Manchester are Monday to Friday 9AM-8PM, on Saturday 9AM-6PM, on Sunday 10AM-4PM. "People have been piling in and the car park is full. Landline: 01942 8... Landline: 01942 8... Report a problem with this listing . Copyright © 2007 - 2020 Opening-times.co.uk, Part of Locally.nl B.V. 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. However, it registered a loss of £227,000, down from a £2 million profit the year prior. 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. Poundstretcher is considering closing more than half of its UK stores as part of a survival plan. When you subscribe we will use the information you provide to send you these newsletters. The application says the gym would be staffed from 8am to 10pm on Monday to Saturday and 8am to 8pm on a Sunday. Poundstretcher is considering closing up to a quarter of its stores following a review of its finances, according to reports. 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. Is this Poundstretcher establishment closed? 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 … 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. It was already struggling but the impact of the coronavirus pandemic has exacerbated the situation. It emerged last week that Poundworld is considering closing 110 of its 355 shops. ... Poundstretcher in talks to close … The Grocer has reported that Poundstretcher is ‘looking at closing a quarter of its … The potential closures could impact more than 2,000 of these jobs. Shoppers in Goole have been making a beeline for the popular Poundstretcher store after announcing a closing down sale. Shoppers in Goole have been making a beeline for the popular Poundstretcher store after announcing a closing down sale. The move puts more than 5,500 jobs at risk. 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Sky News reports a restructuring plan is needed to rebuild the company during a difficult time for a number of businesses. An application has been submitted to Caerphilly County Borough Council to convert the store in Castle View shopping centre. Poundstretcher Ltd. 13:35, 6 DEC 2020. The chain has announced it is shutting the … You can unsubscribe at any time. Address: Unit 1 Richmond Retail Park, Tyldesley Road, Atherton, Manchester, Greater Manchester, M46 9AT. Doubts hang over Poundstretcher’s ability to continue as a going concern, the company has said in newly filed full-year accounts. Our. The store had a huge closing down sale in April 2018 and finally shut in Plymouth in on June 11. A Poundstretcher store in Caerphilly could be replaced by a gym. 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. 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). 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. Poundstretcher is reportedly closing many of its stores across the UK. The CVA put more than half of Poundstretcher's 450-store estate at risk as it seeks rent reductions. 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. Reviews Leave a review 949 were here. "Poundstretcher is one of the biggest retail outlets on Goole so this represents another nail in the coffin for shopping in the town.". 1.29. bull brand green rolling paper 8 x 50 Then try one of the other Department stores nearby. This location’s coordinates are specifically 53.5162 latitude, -2.47587 longitude. 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. explains more about how we use your data, and your rights. You can unsubscribe at any time. 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. A discount retailer is closing down its branch in Dagenham. They saw a £3.4million profit turn into a massive £3.5million loss in 2017, signalling troubling times. All stores in the group are expected to be shut by July. Signs only went up on Friday revealing the closing down sale although it isn't entirely clear exactly when it will shut permanently. Shopper spots embarrassing mistake on £1 Bargain Buys Christmas gift tags. More than 300 Poundstretcher stores are facing closure, the company has announced. 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 … 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! Stop in one of our 450 locations today to find GREAT DEALS! 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. 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. 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 has 450 UK stores, employing over 5,500 staff. Poundstretcher recently confirmed plans to convert its entire store estate to its Bargain Buys fascia. Category: Discount Centres. The branch - on High Street, in Congleton - did manage to reopen following the relaxation of the Government's lockdown rules. He said: "It is absolutely crazy at Poundstretcher with everyone coming down to grab a bargain. 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. It seems like half of Goole has come down. Discount retailer Poundstretcher is closing a store in North Wales. Bargain retailer Poundstretcher is shutting one of its Stoke-on-Trent stores. July 6 update: Poundstretchers has had its CVA proposal approved. Sometimes they’ll include recommendations for other related newsletters or services we offer. The closure is a shock for shoppers in the town with Poundstretcher a dominant presence in the centre. Profit after taxation declined from £2.1 million to £1.7million. Poundstretcher is the latest retailer in trouble after Debenhams, New Look, Marks and Spencer and Mothercare as high street crisis continues The … In its 2019 accounts, the company reported sales of £434 million, an increase of 12 per cent from 2018. 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. This location’s coordinates are specifically 53.5162 latitude, -2.47587 longitude. 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. One shopper, who did not want to be named, was in town on Saturday morning. To contact this Department store by phone you can dial 05155140000 during business hours. 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