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CITY POUNDWORLD STORE SLASHES PRICES - TO 50 PENCE.

Europe Intelligence Wire

| January 01, 2009 | COPYRIGHT 2009 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Journal)

THE CLEAREST sign of the high-street credit crunch greeted shoppers in Newcastle yesterday as a pound shop slashed its prices - to 50p.

Huge placards and banners dressed the windows of the Poundworld store to advertise their half-price sale. And customers flooded the shop looking for a bargain in the already cut-price discount store on Grainger Street in Newcastle city centre. The sale is the latest example of shops trying to entice ...

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