Quote Originally Posted by J T View Post
Quote Originally Posted by Stephen Coates View Post
'99p Stores' got purchased by Poundland a couple of years ago. They are all Poundlands now. I can't help but wonder if people complained about the price increase.
I hope this has been investigated by the Monopolies Commission. It's a worrying sign if one single company can corner the whole low-end market.
I think it was more a case of most of the stores going bust so they stepped in to save the stores and the jobs. It's now a similar situation with some of the UK department stores. BHS went out of business a couple of years ago. Now House of Frasier has gone into administration, but SportsDirect has purchased it and currently managing to keep many of their stores open, although sadly my local one in Chichester has just shut, which was a very history store (previously an Ex Army and Navy department store).