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Poundland supplier 'will lose millions' if retailer collapses

One of Poundland's suppliers will lose millions if it collapses, while other suppliers have said they would go under.

BBC Business•

While that supplier will stay afloat, it is feared that some small and medium-sized suppliers could go under.

Politicians have been putting questions to representatives of Poundland owners Gordon Brothers this week seeking "clarity" on plans for the retailer.

Adam Turner, sales director at Highcrest Retail Brands - a family owned Bradford business - told the BBC that Poundland was one of Highcrest's biggest customers, and that the firms have had a relationship for decades.

"It's from the warehouse staff all the way to the shop staff to everybody within head office. It's a massive ripple effect through the supply chain," he added.