Bargain Buys
Bargain Buys is a British chain of discount stores operating across the United Kingdom, a subsidiary of Poundstretcher. The chain was launched in 2013 by Chris Edwards Sr. and Chris Edwards Jr., to be a subsidiary of the single-price chain they founded, Poundworld. In 2015, TPG Capital purchased a majority stake in Poundworld and Bargain Buys. TPG Capital went into administration in 2018, with all Poundworld and Bargain Buys stores closed.
Company type | Private (Subsidiary) |
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Industry | Retail |
Predecessor | Poundworld |
Founded | 2013 |
Founder | Chris Edwards Sr. |
Fate | Previously unregistered trademark, registered by Poundstretcher |
Headquarters | Kirby Muxloe, Leicester, England |
Number of locations | 75 |
Area served | United Kingdom |
Key people | Aziz Tayub Rashid Tayub |
Products |
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Owner | Crown Crest Group |
Parent | Poundstretcher |
Website | poundstretcher.co.uk/bargain-buys |
Later in 2018, Poundstretcher trademarked and began opening new stores nationwide under the Bargain Buys name. A legal dispute between Poundstretcher and businessman Manni Hussain (who purchased the Poundworld assets) began over the 'Bargain Buys' trademark, Poundstretcher won the suit as the Bargain Buys name had not been previously trademarked by Poundworld. The company is based in Kirby Muxloe, Leicester