All 99p Stores articles – Page 2
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Analysis
Poundland takeover of rival 99p Stores given full clearance by CMA
Poundland’s takeover of value retail rival 99p Stores has been given full clearance by the Competition and Markets Authority (CMA).
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AnalysisRetail share prices: Stores fall amid China turmoil but Poundland deal approved
Food and general retailers alike were down with the market as the effects of financial turmoil in China were felt in markets globally.
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NewsPoundland acquisition of rival 99p Stores provisionally approved by CMA
Poundland’s acquisition of rival retailer 99p Stores has been provisionally approved by the Competition and Markets Authority (CMA).
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NewsDiscounters outpace supermarket and convenience store growth
Discount retailers have opened stores at a faster rate than supermarkets and convenience stores over the past five years.
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NewsPoundland mulls small store format as it spies convenience opportunity
Poundland boss Jim McCarthy has said the retailer is considering opening smaller stores, but is concentrating on its core offer.
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VideoThe Retail Week: Mike Coupe sentenced, Home Retail results and Poundland
Executive editor George MacDonald and content editor Nicola Harrison pick through the big stories from the past seven days.
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OpinionComment: Customers know best about the Poundland-99p deal, not the CMA
Poundland’s interrupted acquisition of 99p Stores shows how futile it is when institutions seek to determine which shops compete with each other.
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AnalysisAnalysis: Why non-food retailers such as BHS are entering the grocery fray
BHS and Holland & Barrett are among a number of non-grocery retailers plotting expansion into food. Retail Week examines the growing market.
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NewsDeadline looms for Poundland's decision over 99p Stores deal
Poundland has until May 8 to decide if it will pull out of its bid to acquire 99p Stores, or face a detailed probe from the competition authorities.
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NewsPoundland takeover of 99p Stores to undergo in-depth CMA investigation
Poundland’s planned takeover of 99p Stores will undergo an in-depth investigation after it opted not to address competition concerns.
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OpinionComment: The CMA's Poundland probe must have consumers at its heart
External intervention in the industry often ignores the fact that retail is fundamentally driven by shopper behaviour.
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NewsPoundland may ask for more time to respond to 99p Stores takeover concerns
Poundland is poised to ask for more time to respond to the competition authority’s concerns about its 99p Stores takeover.
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NewsPoundland's sales hit £1bn amid investigation into 99p Stores acquisition
Poundland’s annual sales hit £1bn for the first time as it “carefully considers” the decision to investigate the acquisition of 99p stores.
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NewsFrench Connection and Foot Locker failed to pay minimum wage
French Connection, 99p Stores and Foot Locker have been named and shamed by the government for failing to pay staff members minimum wage.
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NewsBreakfast Briefing: Retail news on Tesco, French Connection and Foot Locker
Retail news round-up on March 24, 2015: Tesco director Patrick Cescau to depart, French Connection and Foot Locker named and shamed for not paying minimum wage, and Tesco faces another legal challenge.
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NewsRetail Week Live: Co-op boss Pennycook offers advice to retailers in crisis
Co-operative chief executive Richard Pennycook advised retailers in crisis to put out the fire as soon as possible.
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NewsTPG 'in advanced talks' over £120m deal to acquire Poundworld
TPG is reportedly in advanced talks to buy Poundworld in a deal that could be worth more than £120m.
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CartoonBlower’s retail cartoon: Poundland purchases 99p Stores
Retail Week’s cartoonist Patrick Blower’s take on Poundland’s tie-up with with fellow single-price retailer 99p Stores.
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NewsPoundland shareholder Warburg Pincus sells 10% stake in the retailer
Poundland’s biggest shareholder Warburg Pincus is selling a 10% stake in the retailer days after it announced it was buying rival 99p Stores.
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OpinionComment: Investors hope to count the pennies as Poundland buys 99p Stores
Poundland’s proposed takeover of 99p Stores for the equivalent of over 55 million customer transactions pleased the market, sending its share price up 15%.