Gordon Brothers considers separate sale of Poundland and Dealz

Gordon Brothers is considering the separate sale of British discount retailer Poundland and its Irish sister chain, Dealz. This move follows the investment firm's acquisition of Poundland from Pepco Group approximately one year ago.

The potential sale has triggered concerns among suppliers after trade credit insurers stopped providing cover for Poundland. To address this, executives have reportedly held discussions with manufacturing partners in both the United Kingdom and China to secure ongoing trade. The lack of insurance leaves suppliers vulnerable to potential losses if accounts are not settled.

Gordon Brothers has appointed the consulting firm Alvarez and Marsal to manage the sale process. While recent filings showed an £85m pre-tax loss for the year ending September 30, 2025, management stated that profitability is on an improving trajectory. Current bids for the chain have reportedly been submitted by the investment firm Modella and the existing management team.