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Lio • today at 9:54 AM • 0 replies • view on HN

Oh yeah mate, I'm sure Rotherham high street has been blighted an outflow of non-doms.

Poundland[1] is going under as high net worth customers switch their purchases of multipack Wagonwheels to Dubai. ;)

This is just nonsense. If out of town retail parks are still flourishing then it's not a lack of consumer demand; it's price and convenience that matters.

1. Poundland is actually going under because a US private equity fund, Gordon Brothers, spied an opportunity to asset strip them by pretending to offer investment.

They were gifted the business for a nominal £1 and have refused all offers of a buyout that would keep Poundland afloat.