Topic filter : Poundland

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.... Jones Bootmaker was rescued by Endless in a pre-pack administration deal last week and 99p Stores was placed into administration in March. The 99p Stores chain collapsed less than two years after rival Poundland bought it for £55m. ... [Read full article on Guardian ]
Monday 10th of April 2017 05:06:29 PM
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. Poundland is to put value fashion into more than 100 stores by the end of the year as it tries to step into the gap on the high street once filled by Woolworths. ... [Read full article on Guardian ]
Wednesday 29th of March 2017 05:34:00 PM
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.... If you buy flowering bulbs in a pot you will pay over the odds. Bulbs from Poundland can be a great bargain, but don’t be duped into buying spring bulbs now. ... [Read full article on Guardian ]
Saturday 8th of April 2017 06:00:31 AM
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Latest Finance News related to Poundland

Jaeger collapses into administration putting 680 jobs at risk image
Source : Guardian [Read Article] Monday 10th of April 2017 05:06:29 PM
.... Jones Bootmaker was rescued by Endless in a pre-pack administration deal last week and 99p Stores was placed into administration in March. The 99p Stores chain collapsed less than two years after rival Poundland bought it for £55m. ...
The experts’ guide to making your garden bloom on a budget image
Source : Guardian [Read Article] Saturday 8th of April 2017 06:00:31 AM
.... If you buy flowering bulbs in a pot you will pay over the odds. Bulbs from Poundland can be a great bargain, but don’t be duped into buying spring bulbs now. ...
Poundland takes on Asda with low-cost clothing range image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:34:00 PM
. Poundland is to put value fashion into more than 100 stores by the end of the year as it tries to step into the gap on the high street once filled by Woolworths. ...
The couple who made Tiger roar … and millions of pounds in the process image
.... There are now 44 shops in the region. Analysts initially described Tiger as a “posh Poundland”, but the Biers believe it has developed into an affordable Danish design store. ...
Tiger makes millions for couple who brought Danish store to UK image
Source : Guardian [Read Article] Monday 2nd of January 2017 06:45:29 PM
....Philip and Emma Bier opened the first Tiger shop in the UK in Basingstoke in 2005 after Philip Bier gave up a career in photography because he thought the quirky Danish brand could thrive in the UK. Tiger has been described as Denmark’s answer to Swedish rival Ikea, and a “posh Poundland”. ...
Poundland to start selling clothing – but for more than £1 image
Source : Guardian [Read Article] Friday 16th of December 2016 05:50:20 PM
. Poundland’s advertising once trumpeted “Yes! Everything’s £1!” but that pledge could be ditched as the bargain chain’s new owners move into clothing sales. ...
How we're shopping image
Source : BBC [Read Article] Thursday 24th of November 2016 12:04:24 AM
...."Perceptions of Valentine's Day becoming too commercial are in many ways a result of greater participation from the retailers. As well as wider choice from the 'Big Four' grocers, the discount players Aldi and Lidl, as well as value retailers like Poundland and B&M now offer big ranges," says Verdict's Greg Bromley. ...
Slow delivery from AliExpress means there’s no China crisis for Amazon image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:00:07 AM
....After testing prices and delivery, my conclusion is … not for a long time yet. First impressions is that AliExpress is like Poundland on steroids … and then some. ...
Life after BHS image
Source : BBC [Read Article] Thursday 25th of August 2016 11:09:50 PM
....The collapse of BHS has been the biggest retail failure on our High Streets since Woolworths in 2009. Woolies had hundreds more stores than BHS and today the overwhelming majority of them have been let, thanks to the likes of Poundland and Iceland. ...

Steinhoff bumps Poundland bid after activist pressure
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Source : Telegraph [Read Article] Thursday 11th of August 2016 08:47:25 AM
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Poundland agrees higher takeover offer from Steinhoff image
Source : BBC [Read Article] Thursday 11th of August 2016 06:49:40 AM
. Discount chain Poundland has agreed to an improved takeover offer from South African retail group Steinhoff. ...

Activist Elliott raises the stakes in £600m Poundland takeover
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Source : Telegraph [Read Article] Saturday 6th of August 2016 06:30:00 PM
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Hello Randland! Steinhoff snatches cut-price Poundland
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Source : Telegraph [Read Article] Wednesday 13th of July 2016 07:01:15 PM
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Poundland bought by South African group Steinhoff for £597m
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Source : Telegraph [Read Article] Wednesday 13th of July 2016 06:31:26 AM
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Poundland agrees to £597m takeover from Steinhoff image
Source : BBC [Read Article] Wednesday 13th of July 2016 06:21:23 AM
. Discount chain Poundland has agreed to a £597m takeover by South African retail group Steinhoff International. ...
Sajid Javid tells business leaders not to panic over Brexit impacts image
Source : Guardian [Read Article] Sunday 26th of June 2016 10:53:45 AM
....According to reports this weekend, the uncertainty caused by the referendum could lead to the scrapping of £15bn of stock market flotations and major takeover deals falling apart. The £20bn merger between the London Stock Exchange and Deutsche Börse is at risk, and the South African company Steinhoff has said it is reconsidering a bid for the discount retailer Poundland. ...
City News: Greggs, Poundland, Apple image
Source : Daily Express [Read Article] Monday 13th of June 2016 10:37:00 AM
....--------------------------------------------------------------. Poundland profits under spotlight. ...
Former Asda boss backs new Guess How Much! discount store image
Source : Guardian [Read Article] Sunday 5th of June 2016 02:06:05 PM
....”. Despite a slowdown in the pace of growth of discounter grocers Aldi and Lidl and some consolidation among general merchandise chains – with the merger of Poundland and 99p Stores – Bond says the growth of discount chains in the UK has not run its course. ...
The Guardian view on the high street: help urgently needed | Editorial image
.... Austin Reed is closing 120 outlets and shedding 1,000 jobs after going into administration last month. Marks & Spencer is still struggling, and even challenger stores such as SportsDirect and Poundland report slowing sales and flat profits. ...
Competition regulator could investigate Sainsbury's Home Retail takeover image
....Last month John Walden, Home Retail’s chief executive, said he hoped the deal would not raise major concerns for the CMA but it was too early to tell. The CMA last year withdrew early objections to clear Poundland’s takeover of its single price rival 99p Stores. ...
Model agencies colluded to fix prices, competition regulator says image
Source : Guardian [Read Article] Wednesday 25th of May 2016 07:43:04 AM
....The investigation is the CMA’s first into Britain’s creative industries. It is more used to deciding on less glamorous matters such as the state of retail banking and whether Poundland’s takeover of 99p stores hurts consumers. ...
Hula-Hoop lessons and woodcarvers? You won’t find that on the high street image
.... It also hired the experienced Darren Shapland as chairman. Shapland also chairs Poundland, and was previously finance director of Sainsbury’s. ...
Shock graph that shows the High Street brands capable of destroying the value of YOUR home image
....Average values in Stevenage, Baldock, Royston and Hatfield are among the lowest in the county - and all of the towns high streets feature a McDonalds branch. Asda, Claires and Poundland were also found to be negatively linked to nearby home values. ...
Shopping for plants and seeds? Get the best deals without forking out too much image
....The likes of Wilko, Lidl, Homebase and Tesco can offer value for money when it comes to plants, but their ranges tend to be limited to the “usual suspects” – a few dozen common garden plants. Pound stores are starting to move in on the lucrative gardening market too: Poundland recently launched a range of gardening products fronted by TV gardener Charlie Dimmock. ...
Poundland admits buying rival 99p Stores hit sales image
Source : Guardian [Read Article] Thursday 14th of April 2016 02:47:53 PM
. Discount chain Poundland has admitted that buying its lossmaking rival 99p Stores has hit sales just when the existing chain was already being battered by a slump in the number of high street shoppers. ...
You probably have a drawer full of them – why can't we crack battery recycling? image
....Even if the 45% target was to be met by all countries, that’s still more than half of waste batteries being dumped, incinerated or sitting in household drawers. Robbie Staniforth, commercial manager of Ecosurety, which manages UK compliance with the Batteries Directive for Lidl, Poundland and Dixons, believes one way forward could be to make it easier for consumers to recycle batteries by incorporating the service into kerbside household waste collection. ...
Poundland sales fall amid major revamp image
Source : BBC [Read Article] Thursday 14th of April 2016 08:02:54 AM
. Poundland has reported a 4. ...
Reiss sold to US private equity firm image
Source : BBC [Read Article] Wednesday 13th of April 2016 10:18:11 AM
...."The business has built an enviable position in its core UK market, with a broad and loyal customer base, and we believe there is a significant opportunity to build on this success and accelerate development internationally," said Warburg Pincus managing director Paul Best. One of Warburg Pincus' best known UK investments has been in the discount retail chain Poundland. ...
Reiss sold to US private equity firm image
Source : Guardian [Read Article] Wednesday 13th of April 2016 09:14:50 AM
.... Daughter Debra, who worked as a brand director for Reiss in the US, died last year aged 34 after suffering from a long-term illness. Reiss is an upmarket departure for Warburg Pincus, which is best known in the UK for its investment in discount chain Poundland. ...
Poundland sowing seeds of expansion image
Source : Daily Express [Read Article] Sunday 10th of April 2016 06:28:00 PM
.... . Shore Capital added that, after Poundland’s “disappointing third-quarter update”, it expects high street conditions will “remain challenging”, forecasting the retailer will post like-for-like sales ranging between minus 4 per cent and minus 5 per cent. ...
Clas Ohlson store closures puts dozens of UK jobs at risk image
Source : Guardian [Read Article] Wednesday 6th of April 2016 06:55:14 PM
....Balkow said he could envisage up to 200 stores in the UK when Clas Ohlson entered the market. But the UK cut-price general merchandise arena has become increasingly competitive since 2010 with the expansion of the homegrown chains Poundland, B&M Stores and Wilko, as well as incomers such as Tiger, Clas Ohlson and the original affordable Swedish homeware specialist Ikea. ...
Italian cider, ‘lucky-dip’ crisps and 20p chilli sauce: discount retailer Approved Foods reviewed image
.... Leaving aside that “backdated” would seem a more apt term for something that was best before November 2014 (the current crop of Gaymers Juicy Pear Cider), this works for me. Seasoned bargain hunters will wonder where I’ve been for the past seven years (and apart from a good few hours in Lidl and Poundland, I can’t really account for it). ...
Market trader to millionaire: the origins of Poundland, Joules and Hemingway Design image
.... It was a hard sell. But I thought “let’s see if I can do this” and in 1990 I started Poundland. ...
City News: Rolls-Royce, Poundland, Entertainment One and ITV image
Source : Daily Express [Read Article] Wednesday 2nd of March 2016 11:10:00 PM
....McCarthy’s 40-year career included running T&S Stores, which he sold to Tesco, and heading up Sainsbury’s convenience stores business. Poundland shares fell 11¼p to 170p. ...
Poundland appoints ex-B&Q boss as new chief executive image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 12:03:24 PM
. Poundland shares have slipped back as the discount retailer announced that chief executive Jim McCarthy was retiring after a decade in the job. ...
Sainsbury's bid for Argos hangs in balance amid threat of competition probe image
Source : Telegraph [Read Article] Saturday 20th of February 2016 08:00:23 PM
.... . The CMA has been particularly critical of retail takeovers, recently subjecting Poundland’s £55m takeover of 99p Stores to a phase two inquiry. ...
Brantano rescue deal saves close to 1,400 jobs image
Source : Telegraph [Read Article] Monday 15th of February 2016 06:49:15 PM
.... . Buyers are likely to include discounters, such as B&M Bargains and Poundland. ...
99p Stores deal earns family less than hoped as losses hit £11m  image
Source : Telegraph [Read Article] Sunday 14th of February 2016 08:32:26 PM
. Thefamily founders of discount chain 99p Stores will make less money than was expected from last year’s £55m takeover by Poundland after losses swelled to £11m in the last year of the retailer’s independence. ...
Investors in Next critical over dividend disclosure image
Source : Guardian [Read Article] Sunday 7th of February 2016 04:49:26 PM
....Data from Pircand manifest shows that seven companies on the main market of the stock exchange owned up to the same mistake as Next in the months before the retailer paid the last of the dividends in November 2015. The first was by the online bookmaker Betfair in August 2014, followed by Morrisons, Foxtons and Poundland. ...
Adult colouring book craze brightens up WH Smith high street profits image
Source : Guardian [Read Article] Wednesday 20th of January 2016 09:45:57 AM
....Both WH Smith’s divisions performed better than expected, and the high street operation’s sales increase over Christmas was the main surprise. The number of shoppers on Britain’s streets and at shopping centres fell, making Christmas trading tough for other retailers such as Poundland and Argos. ...
Source : Reuters [Read Article] Tuesday 19th of January 2016 08:18:11 AM
....Other unlisted online real estate companies, estimated by market research analysts to generate about $6 billion in annual agency fees, include EstatesDirect. com, set up by Poundland founder Steven Smith, HouseSimple. ...
Christmas mourning for retail as tills fall silent image
Source : Telegraph [Read Article] Saturday 9th of January 2016 02:33:59 PM
.... . Poundland, previously touted as one of the winners of bargain-hunting Britain, also had to warn that profits would be at the bottom range of its forecasts after suffering from quieter high streets. ...
Games Workshop battles tough December trading image
Source : Telegraph [Read Article] Friday 8th of January 2016 08:50:13 AM
.... . Meanwhile retailers generally have suffered a poor Christmas trading season, with Poundland yesterday reporting its profits would be at the low end of forecasts because of a drop in footfall on the high street. ...
Safe-haven demand drives Randgold Resources higher image
Source : Telegraph [Read Article] Thursday 7th of January 2016 06:13:44 PM
.... . Elsewhere in the retail sector, Poundland found itself at the bottom of the mid-cap index after it said it expects full-year pre-tax profits to come in towards the lower end of its forecasts due to lower high street footfall and mild weather conditions in the last quarter. ...
Poundland shares dive 12% on sales news image
Source : BBC [Read Article] Thursday 7th of January 2016 11:39:27 AM
. Poundland shares have slumped almost 12% after the discount retailer said annual profits would be at the lower end of expectations. ...
Poundland warns on profits after volatile Christmas period image
Source : Guardian [Read Article] Thursday 7th of January 2016 11:38:17 AM
. Poundland has become the latest victim of the switch to online shopping in the run-up to Christmas, warning that profits for the year will be at the lower end of expectations. ...
Poundland shares dive as retailer feels the pain of a quieter high street image
Source : Telegraph [Read Article] Thursday 7th of January 2016 07:40:26 AM
. Shares in discount retailer Poundland fell more than 10pc after it warned that profits will be at the lower end of forecasts for the year, as a quiet spell on the high street took the shine off sales growth from its newly acquired 99p Stores. ...
High street retailers feel the pinch as shoppers stay at home image
Source : Guardian [Read Article] Sunday 3rd of January 2016 06:32:33 PM
....The fashion chain Next, which has largely avoided early discounting, is due to report its Christmas trading performance to investors on Tuesday. It will be followed on Wednesday by John Lewis, while Marks and Spencer, Poundland and Signet Jewelers are due to update investors on Thursday. ...
Retail chains face the season of Christmas turkeys image
Source : Guardian [Read Article] Sunday 3rd of January 2016 09:00:33 AM
....We will discover how well the country’s most boring clothes have been selling, with statements from Next and Marks & Spencer, plus more news on whether the middle classes have been thrifty or spendthrift, with an update from John Lewis. Then there’s a statement from Topps Tiles – where some commentator is bound to talk up its post-flood prospects, probably by predicting the entire north of England is set to descend on the chain to replace its laminate flooring – as well as one from Signet Jewelers (it’s spelt incorrectly because it’s also listed in New York) plus another from Poundland Group. ...
Where next for the three arrows of Abenomics? image
Source : Telegraph [Read Article] Monday 28th of December 2015 05:00:45 PM
.... . Rows of stationery, food, cosmetics and tableware line the aisles as shoppers browse the country’s equivalent of Poundland in search of a bargain. ...
Quirky shop Notonthehighstreet.com eyes export markets as revenues surge image
Source : Telegraph [Read Article] Sunday 27th of December 2015 01:16:46 PM
.... . Not on the High Street was launched by Sophie Cornish and Holly Tucker in 2006 but the founders have now stepped back into non-executive roles, and retail heavyweight Darren Shapland, who was previously at Poundland, recently joined as chairman. ...
High street Christmas shopping figures make grim reading for retailers image
Source : Guardian [Read Article] Wednesday 23rd of December 2015 06:13:28 PM
....Discount stores are also getting a much bigger share of the pie. Spending in the likes of Lidl, Aldi and Poundland rose 6% in the first 10 days of December. ...
British business is a tale of profit and lost wages image
Source : Guardian [Read Article] Saturday 12th of December 2015 07:00:43 AM
.... Rail fares are also up dramatically in real terms. British households aren’t turning to Poundland and Lidl for bargain prices – it’s because they have no choice, with their incomes squeezed by the rising cost of basics. ...
Next, Kingfisher and Tesco hit by broker downgrades image
Source : Guardian [Read Article] Monday 7th of December 2015 12:31:58 PM
.... Similarly, we assume Dixons Carphone will return to growth in the third quarter, although its earnings agenda is currently dominated by integration synergies. Both B&M and Poundland appear somewhat dependent on seasonal business picking up after a volatile start to the current quarter. ...
Retail homogenity is what makes online shopping the place to be, says Not on the High Street boss image
.... Not on the High Street was founded by Sophie Cornish and Holly Tucker in 2006, and sales have grown from £134,000 in its first year to £127m in 2014. Cornish and Tucker have now stepped back into non-executive roles, while the retail heavyweight Darren Shapland has recently added Not on the High Street to his roster of chairmanships, which include Poundland, Maplin and Topps Tiles. ...
Kipper Williams on Poundland's shares image
Source : Guardian [Read Article] Thursday 19th of November 2015 07:09:42 PM
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Poundland shares crash after warning of highly volatile trading image
Source : Guardian [Read Article] Thursday 19th of November 2015 09:47:35 AM
. Shares in Poundland have crashed after it reported falling first-half profits and sales and warned of “highly volatile” trading conditions in recent weeks. ...

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