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Poundland plans to close one London store with up to 200 more at risk amid a 6.5% revenue drop.
Discount retailer Poundland is set to close one of its London stores on May 28th, with up to 200 more potentially at risk.
The closures follow a 6.5% drop in revenue and are part of a restructuring effort by parent company Pepco to improve profitability.
The company, which operates 825 UK stores and employs about 16,000 people, has been up for sale since March with a potential deal expected by September.
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Poundland planea cerrar una tienda de Londres con hasta 200 más en riesgo en medio de una caída de ingresos del 6.5%.