Poundworld offering half-price discounts as it edges towards closure

Poundworld in St Albans is offering up to a 50 per cent discounts in a closing down sale.

The discount store chain called in the administrators after a deal to sell the business, which also trades as Bargain Buys, fell through.

The news of its woes came after several other high street stores, including Maplins and Toys R Us, also announced they were closing.