Grantham store promotes closing down sale with 20 per cent discount on all stock
A Grantham store is advertising a closing down sale with a 20 per cent discount on all stock.
Poundstretcher, on London Road, is due to close although it is believed a closing date has not be announced.
The company has around 350 stores around the country and has closed a number of them, cutting staff by 1,000 in the past year. But it is reported that it will open 50 new stores before the end of the year.
Posters promoting the closing down sale can be seen as customers enter the store.
The immediate future of the Grantham store was secured a few years ago when the retailer agreed a company voluntary arrangement (CVA), which sees businesses to pay off debts over a period of time.
The firm’s PR company said it would not comment on the closure.