What's eating the pound shops?

What's eating the pound shops?
 

Pound shops have been on the UK's high streets since 1990, when father and son entrepreneurs Keith and Steve Smith opened their first store in Burton on Trent.
At one stage the rise of the discounters appeared unstoppable.
The ultimate in pile-it-high, sell-it-cheap appeared to be an irresistible lure for stretched consumers.
But as Poundworld falls into administration is this a sign they have now had their day?
The latest data shows that the discount sector's growth - including Poundworld and its rivals such as Poundland, Poundstretcher and 99p stores - has slowed over the past year with... read more

 
11 June 2018 in Business, Views: 50
Source: BBC
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