A discount chain with stores in Burton and Swadlincote is launching a UK wide "closing down" sale, it has been reported.
However, administrators Deloitte, who have been called in to save the troubled chain Poundworld, insisted no stores are "definitely" closing and that the search for a buyer continues.
It comes despite bosses claiming stores are not shutting and in the same week 100 redundancies were announced.
Deloitte also revealed it had appointed retail consultants Hilco to help with the management of the stores.
On 11 June, Poundworld entered administration placing around 5,100 jobs at risk. On Monday, it revealed a number of head office roles have been cut as part of the shake up.
Joint administrator Clare Boardman said: "The retail trading environment in the UK remains extremely challenging and Poundworld has been seeking to address this through a restructure of its business.
"Unfortunately, this has not been possible. We still believe a buyer can be found for the business or at least part of it and we are keeping staff appraised of developments as they happen.
"We thank all employees for their support at this difficult time."
In a notice to staff posted on Wednesday, Deloitte said Poundworld's trading had been "difficult for a substantial period of time".
But while administrators had decided "closing down sales would commence" it added: "For clarity this does not mean that stores will definitely close."
"The administrators' strategy remains the same; to continue to trade the business in order to realise the stock while seeking to secure a sale of the business either in whole or part."