As the crisis of bankruptcy has led to the end of one of the country's first major retail chains, Poundland, a major chain of stores, has embarked on a series of restructuring operations over the past few years. These operations have been necessary to strengthen the financial security of the company and ensure the continuity of its functioning. However, as time progressed, the company began to lose ground compared to other retail chains.

Sales have decreased, profits were low, and the company was looking for a solution to overcome this situation. Another cause of this problem is inflation, which has caused a significant increase in production and delivery costs. This has made it more difficult for the company to maintain competitive prices and has led to a decrease in sales.

The company tried to solve these problems through the creation of a uniform pricing system for all its stores, but it was not sufficient. Then, it decided to entrust the management of the company to an restructuring advisor, AlixPartners, promising to help find a solution. However, the bankruptcy crisis has had drastic consequences for the company.

Fulfilling a £30 million debt, which was acquired by Gordon Brothers when the company held a minor portion of the debt, has become impossible. Additionally, the £90 million asset-backed debt has been accepted only partially, due to the company having to pay various taxes and interest. This situation has led to the closure of the company, as can be seen from the article published in The Guardian, where Poundland's situation is described as 'in peril'.

The transition to bankruptcy has had a significant impact on the company, requiring strengthening of financial security and the search for a solution to overcome economic difficulties.