Poundworld in trouble: Impact on SE London stores?
Poundworld are the latest High Street retailer in trouble. A rescue deal has fallen through putting many stores and jobs at risk.
Any back up plan would still likely see mass closures.
They have stores in Lewisham, Bexleyheath and Dartford.
Other chains in trouble
Mothercare recently announced the closure of stores in Bexleyheath, Eltham and Bromley.
Orpington was also at risk if landlords did not agree to reductions, and it appears they may not agree.
There’s also Homebase. After a disastrous takeover by Australian firm Bunnings, losses grew and it has just been sold for £1. Closures are expected at many store sites to stablise losses.
Homebase have a site in Kidbrooke near the railway station. A likely candidate for a residential tower?