Poundland management in rescue talks that could save 11,000 jobs
Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backer Poundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs. The former Asda boss Andy Bond, who ran Poundland for a number of years from 2016 then stepped up to its former parent Pepco before leaving in 2025, is understood to be part of the negotiations to take on the business. Continue reading...
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Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backer
Poundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs.
The former Asda boss Andy Bond, who ran Poundland for a number of years from 2016 then stepped up to its former parent Pepco before leaving in 2025, is understood to be part of the negotiations to take on the business.
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About this article
- Length
- 84 words · 1 min read
- Published
- September 30, 2026
- Byline
- Sarah Butler
- Source
- The Guardian