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Poundland suppliers warn US owner over collapse risks

Original: Poundland suppliers warn US owner must not maximise its return at their expense By Sarah Butler British companies that s

British suppliers to Poundland have warned the budget retailer's US owner that it must not maximise its own returns at their expense. They face losses running into millions of pounds if the discount chain collapses. The Guardian's Sarah Butler reports the suppliers are pressing the American parent company to protect them in any restructuring.

Why now: Concerns are mounting that Poundland's financial troubles could leave its UK suppliers facing heavy losses if the retailer collapses.

PoundlandSarah ButlerThe Guardian

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