US owners of the discount chain have released funds to enable a temporary restocking of shelves, bolstering hopes for a rescue deal ahead of upcoming negotiations with the government. Senior staff have dubbed the emergency resupply effort “Operation Gloria,” dispatching roughly 16 million grocery items to 600 stores across the UK and Ireland over the weekend. The move follows criticism of the chain’s US owners and comes as talks intensify over the chain’s future.
Chain restocks stores in operation named after singer of I Will Survive, as US owners release some of withheld fundsPoundland’s under-fire US owners have released funds to help the stricken discount chain restock shelves temporarily, keeping hopes of a rescue deal alive in the run-up to crunch talks with the government.In an emergency resupply effort codenamed “Operation Gloria” by senior Poundland staff, about 16m grocery items were dispatched to 600 shops in the UK and Ireland over the weekend. Continue reading...
