Poundworld has gone into administration, putting more than 5-thousand jobs at risk.
Last-ditch rescue talks have failed at the retailer - which has stores in Hereford, Gloucester, Shrewsbury and Telford.
Deloitte has been drafted in - and says there are no redundancies or store closures currently.
Toys R Us and Maplin have gone through similar problems, while House of Fraser announced plans which could affect 6000 roles last week.
Drug dealer with distinctive tattoo caught red-handed
A 19-year-old man from Ebbw Vale has been jailed for more than two years after police linked him to drug dealing through social media posts.
New substation to boost reliability across Monmouthshire
A major £1.5 million upgrade to Usk substation is set to boost electricity reliability across Monmouthshire.
Bridge repairs could begin soon says Monmouth MP
Catherine Fookes says repair works on Inglis Bridge could begin soon, with preparatory work already under way.
Raft Race raises more than £11,000 for hospice
The annual Wye Raft Race has raised more than £11,000 for St David’s Hospice Care.
Budget plan proposes council tax rise and hiking parking and other charges
Councillors could force a rethink on a draft budget that includes a potential 5.95 per cent council tax rise and a hike in parking charges.
Light rain
High: 8°C | Low: 4°C
Light rain
High: 8°C | Low: 4°C
Light rain
High: 8°C | Low: 4°C