Poundland in peril: how rampant inflation and price wars left £1 stores exposed

With the chain on the brink of administration, its low-profile US owners face questions about their conduct“It was a very successful and simple proposition,” laments one former Poundland boss. With every product in the shop sold at £1, and the price in its name, its proposition to shoppers was the clearest of any UK high street chain.Now the UK’s first…