25-04-2020 13:12 via retailgazette.co.uk

Poundstretcher store closures likely as KPMG is drafted in

// Poundstretcher kicks off review of its finances despite remaining open during coronavirus lockdown
// It said a cost-cutting strategy was the way forward for the loss-making retailer
// The majority of Poundstretcher’s 450 UK stores have remained openPoundstretcher has reportedly drafted in KPMG advisers to begin a review of the business’ finances amid the coronavirus pandemic.
The discount retailer has hired advisers to review options and strengthen its balance sheet, Sky News re
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