Company type | Private (Subsidiary) |
---|---|
Industry | Retail |
Founded | 2013 |
Founder | Chris Edwards Sr. |
Headquarters | Kirby Muxloe, Leicester |
Number of locations | 61 |
Area served | United Kingdom |
Products |
|
Parent | Poundstretcher |
Bargain Buys Trading Limited is a British variety store chain, and a subsidiary of Poundstretcher.[1] The company is based in Kirby Muxloe, Leicester.[2]
The Bargain Buys name was first used in 2013 by Chris Edwards Sr. and Chris Edwards Jr., to be a subsidiary of the single-price chain they founded, Poundworld.[3] In 2015, TPG Capital purchased a majority stake in Poundworld and Bargain Buys, the chain went into administration in 2018, with all locations closed.
Later in 2018, Poundstretcher trademarked and began opening new stores nationwide as 'Bargain Buys'. A legal dispute between Poundstretcher and businessman Manni Hussain (who purchased the Poundworld intellectual property assets) began over the 'Bargain Buys' trademark. Poundstretcher won the suit as the Bargain Buys name had not been previously trademarked by Poundworld.