Q:

Who owns Poundstretcher?

A:

Poundstretcher is owned by Aziz Tayub, according to the Independent, a British newspaper. Aziz gained ownership after the company was purchased by Seaham Investments, a subsidiary of Crown Crest Group, the food and distribution company run by Aziz and his brother, Rashid.

Seaham Investments acquired Poundstretcher after Aziz took control of the chain in 2010. It was previously a subsidiary of Brown & Jackson, which piloted a major rebranding effort to make the business more contemporary by changing the name of seven outlets to "...instore." However, Brown & Jackson abandoned the idea in 2007 after the new chief executive concluded it wasn?t working. Poundstretcher's original founders were Paul Appell and Stephen Fearnley, who established the company in 1981.


Is this answer helpful?

Similar Questions

  • Q:

    Who owns eBay?

    A:

    As a publicly traded company, eBay is owned by stockholders. The founder of eBay is Pierre Omidyar, who is the largest stakeholder in the company, with over 105 million shares as of February 2014. John Donahoe is eBay's CEO.

    Full Answer >
    Filed Under:
  • Q:

    Who owns 7-Eleven?

    A:

    7-Eleven is owned by Seven & I Holdings Co. and it is the fifth largest retailer in the world, with operations in 100 countries and over 35,000 stores. Seven & I is a Japanese company with headquarters in Tokyo, Japan, and its U.S. division is headquartered in Dallas, TX.

    Full Answer >
    Filed Under:
  • Q:

    Who owns McDonald's?

    A:

    Some McDonald's stores are corporately owned, which means shareholders own them. Others are owned and operated by individual or group franchisees. Franchised store owners pay fees to McDonald's for the right to operate their restaurants and earn income using the McDonald's brand name.

    Full Answer >
    Filed Under:
  • Q:

    Who owns Gatorade?

    A:

    Gatorade is owned by PepsiCo. As of 2014, PepsiCo is the parent company of 22 different food and beverage brands. Quaker, Tropicana, Cheetos, Lays and Lipton are all examples, along with Gatorade, of some of PepsiCo's top-selling brands.

    Full Answer >
    Filed Under:

Explore