Poundstretcher loses 1,000 staff as profits nosedive

// Poundstretcher has reduced the number of its staff by 1,000
// The discount retailer posted a 16% drop in sales to £273m in the year to 31 March 2022Poundstretcher has slimmed down its workforce by more than 1,000 retail staff in the last year, as it full-year profits plunge.
The discounter lowered its retail workforce from 4,645 staff to 3,640 in the year to 31 March 2022 according to its latest annual accounts.
Sales for the discount retailer dropped 16% last year to £273 millio