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Poundland supplier 'will lose millions' if retailer collapses

BBC Business·
Poundland supplier 'will lose millions' if retailer collapses

Image: BBC Business

One of Poundland's suppliers has said it will lose millions if the firm collapses.

While that supplier will stay afloat, it is feared that some small and medium-sized suppliers could go under.

This is in addition to potentially thousands of job losses among staff.

Politicians have been putting questions to representatives of Poundland owners Gordon Brothers this week seeking "clarity" on plans for the retailer.

Adam Turner, sales director at Highcrest Retail Brands - a family owned Bradford business - told the BBC that Poundland was one of Highcrest's biggest customers, and that the firms have had a relationship for decades.

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