{"id":818037,"date":"2026-10-29T22:58:14","date_gmt":"2026-10-29T22:58:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/818037\/"},"modified":"2026-10-29T22:58:14","modified_gmt":"2026-10-29T22:58:14","slug":"people-before-profit-poundland-staff-stage-walsall-hq-protest","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/818037\/","title":{"rendered":"&#8216;People before profit&#8217;: Poundland staff stage Walsall HQ protest"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A team leader, who did not want to be identified but has worked for the company for more than a decade, said staff were &#8220;really upset&#8221; and &#8220;saddened&#8221; at the announcement.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We have all worked tremendously hard to save the company, and we&#8217;ve been successful,&#8221; they said. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We&#8217;ve turned it around and this is a profit-making business that is not suitable for administration.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We&#8217;ve completed that turnaround as we set out to do. There are other options, we are successful and there is a way forward.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We love this company.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c36594lr29ko\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">Gordon Brothers bought Poundland<\/a>, which had been struggling, from the Polish retail group Pepco last year for a nominal \u00a31. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A little over a year later, it put the business up for sale.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Despite an offer on the table for the business, Poundland&#8217;s managers and owners have not been able to agree on a buyer, leaving it on the brink of collapse. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Business Secretary Jonathan Reynolds said he was &#8220;very much concerned&#8221; by the uncertainty clouding Poundland&#8217;s future.<\/p>\n","protected":false},"excerpt":{"rendered":"A team leader, who did not want to be identified but has worked for the company for more&hellip;\n","protected":false},"author":2,"featured_media":818038,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-818037","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/818037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=818037"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/818037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/818038"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=818037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=818037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=818037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}