Poundstretcher unveils CVA proposal

// Poundstretcher launches CVA proposal to help turnaround the business
// No job cuts or store closures are outlined, but there will be a push for rent cuts across most of its store estate
// KPMG has been lined up to handle the CVAPoundstretcher has launched a CVA proposal that features significant rent cuts as the discount retailer embarks on a major restructuring scheme.
Poundstretcher said the CVA forms part of a wider turnaround plan which seeks to restructure its UK store portfolio, stem