# Poundland staff could be out of work for years if retailer collapses, founder says

- Source: Guardian Business
- Published: 2026-11-03T07:00:42+00:00
- Category: Business
- Original: https://www.theguardian.com/business/2026/nov/03/poundland-staff-out-of-work-for-years-warning-founder
- Canonical: https://groundlevelnews.com/story/poundland-staff-could-be-out-of-work-for-years-if-retailer-collapses-f-185540/

Steve Smith calls on owners to accept proposed buyout as 12,000 staff face uncertain future in run-up to Christmas The founder of Poundland has warned that staff at the retailer could be out of work for “years” if it collapses, as he called on the owners of the troubled chain to accept a proposed buyout deal. Steve Smith, who set up the firm with a store in Burton upon Trent in 1990, said: “Once t

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian Business._