Buyer secured for Poundworld
The owners of Ireland's Poundworld store which was rebranded as Euroworld in 2007 have had their offer for the "best and remaining stores" of Poundworld UK - about 10 per cent of the original 355 store-strong chain, for an undisclosed sum. There is no stock included in the purchase, nor it is understood that there is any obligation for the buyer, newly formed RVP Holdings Ltd., to re-employ former Poundworld staff.
The remaining Poundworld stores are scheduled to close today (Friday 10th August) as previously scheduled by administrators Deloitte, but some may re-open shortly after the deal is finalised.
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