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Poundstretcher hires new chief
Poundstretcher has hired Richard Kirk, the former boss of womenswear retailer Peacocks as its new chief executive. Kirk stepped down from the debt-laden retailer in January after it fell into administration in the biggest collapse in the retail sector since Woolworths in 2008. Before joining Peacocks in 1996, Kirk working as managing director of Iceland for 18 years.