Poundland files second administration notice to buy time for rescue

​British discount ‌retailer Poundland on ​Thursday filed another ‌Notice of Intention to appoint administrators, giving the ‌business and its ‌owners, US investment firm Gordon Brothers, more time ⁠to ​find ⁠a rescue deal.

The extension gives ⁠Poundland, which trades ​from more than 600 stores ⁠in the UK and ⁠Ireland ​and employs about 12,000, another 10 ⁠working days of legal ⁠protection ⁠from creditor claims.