Poundworld could be saved by the Dublin retailing family

The Poundworld store in Royal Avenue Belfast

The Poundworld store in Royal Avenue Belfast

"I am contacting Henderson's urging them to prioritise employing existing Poundworld staff and those who've recently lost their jobs".

"We are delighted to have agreed the purchase of Poundworld and we now look forward to bringing the company back to profit and provide current and new customers with an unrivalled product offering at low prices", David Henderson said.

All Poundworld stores had been due to close tomorrow and this is understood to remain the case, with the Hendersons likely re-opening premises in the near future.

Ireland's Henderson family said on Thursday it had agreed to buy around 50 Poundworld stores, having struck a deal with the administrator of the collapsed British discount retailer. "The best way to achieve that is for the new owners to listen to their staff and recognise Usdaw as the trade union for Poundworld".

A source close to the administrators said that while there had been an agreement in principle, the deal had not yet been confirmed.

Ray Henderson founded the original Poundworld, which is unrelated to the United Kingdom firm, in 1984 and sold it on in 2007, with the company now known as Euroworld.

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His son, David Henderson, is involved in the negotiations with Deloitte over the Poundworld UK brand.

At he end of last month it was revealed Poundworld would be closing down all of its remaining stores, after failing to secure a buyer following financial woes and a descent into administration.

In total the collapse of the chain resulted in the loss of 5,100 jobs.

The budget retail chain is one of a number of retailers to call in administrators this year, with Toys R Us and Maplin disappearing from United Kingdom high streets.

Other High Street names, including Marks & Spencer, Carphone Warehouse, New Look and Carpetright, have announced significant store closures.

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