A restructuring plan proposed by struggling British discount retailer Poundland will see the closure of 68 stores and rent reductions across other locations, it said on Tuesday.
Last week, Warsaw-listed Pepco Group (PCOP.WA), opens new tab sold the Poundland business to Gordon Brothers for a nominal sum, with the buyer pledging to invest 80 million pounds ($108 million) to drive a recovery.
Poundland said the restructuring plan, which requires court
