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.

Bargain Buys
Company typePrivate (Subsidiary)
IndustryRetail
PredecessorPoundworld
Founded2013 (2013)
FounderChris Edwards Sr.
FatePreviously unregistered trademark, registered by Poundstretcher
HeadquartersKirby Muxloe, Leicester, England
Number of locations
75
Area served
United Kingdom
Key people
Aziz Tayub
Rashid Tayub
Products
OwnerCrown Crest Group
ParentPoundstretcher
Websitepoundstretcher.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

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.