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Finance

B&M eyes Poundland stores as discount chain sale process gathers pace, Sky News reports

Published by Global Banking & Finance Review

Posted on October 19, 2026

2 min read

· Last updated: October 19, 2026

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B&M Considers Acquiring Select Poundland Stores as Sale Process Accelerates

Overview of B&M's Interest in Poundland Store Acquisition

Oct 19 (Reuters) - Discount retailer B&M is seeking to acquire a small number of stores from rival Poundland as part of any break-up of the struggling chain, Sky News reported on Monday.

Details of the Potential Acquisition

B&M's Acquisition Scope

• B&M is participating in the sale process but is interested in acquiring only a limited number of Poundland stores, the report said

• Any deal is likely to involve only a "low double-digit" number of outlets, according to a person familiar with the matter cited by Sky News

Poundland's Current Situation

• Poundland, which operates nearly 600 stores, is exploring a sale or break-up, with owner Gordon Brothers recently appointing restructuring specialists to oversee the process

Other Interested Parties and Bids

Solvent Bids and Management Preferences

• At least two solvent bids have been submitted, including one from Ireland's Martin Property Group, which is favoured by Poundland's management team

Potential for Separate Sales

• Poundland's UK and Irish businesses could be sold separately as part of the process, the report added

Additional Retailers Expressing Interest

• Supermarket chain Lidl and retailers the Range and Poundstretcher are also interested in acquiring some stores, Sky reported

Official Responses

• B&M declined to comment, while Gordon Brothers did not immediately respond to Reuters requests for comment

(Reporting by Atharva Singh in Bengaluru; Editing by Joyjeet Das)

Key Takeaways

  • B&M is participating in Poundland’s accelerated sale process but only for a limited, low double‑digit number of stores (Reuters, Sky News).
  • Poundland’s owner, Gordon Brothers, has appointed Alvarez & Marsal and independent directors to oversee a potential break‑up or sale, with management favouring a solvent bid from Martin Property Group (Sky News, City AM).
  • Other interested parties include Lidl, The Range, Poundstretcher, Modella Capital and Fortress, indicating a fragmented interest likely to lead to store‑by‑store acquisitions (Sky News, Retail Gazette).

References

Frequently Asked Questions

What is B&M's interest in Poundland stores?
B&M is seeking to acquire a small number of stores from Poundland as part of a potential break-up or sale of the discount chain.
How many Poundland stores might B&M acquire?
B&M is interested in acquiring only a 'low double-digit' number of Poundland stores, according to sources.
Who else is interested in Poundland's stores?
Other interested parties include supermarket chain Lidl, the Range, and Poundstretcher.
What is the status of Poundland's sale process?
Poundland is exploring a sale or break-up, with several solvent bids submitted, including one favored by its management.
Could Poundland's UK and Irish businesses be sold separately?
Yes, reports indicate that Poundland's UK and Irish businesses could potentially be sold as separate entities.

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