All Bensons for Beds articles – Page 3
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NewsCreditors abandon Steinhoff as crisis deepens
Steinhoff International— the parent company of Poundland, Harvey’s and Bensons for Beds in the UK — has started to lose credit lines from lenders as it grapples with an accounting scandal.
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NewsSteinhoff-owned Bensons and Harvey's credit insurance cut
Bensons for Beds and Harvey’s credit cover has been cut in the wake of parent company Steinhoff’s accounting scandal, Retail Week can reveal.
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NewsPoundland credit cover reduced amid Steinhoff crisis
Poundland’s trade cover has reportedly been reduced by credit insurer Atradius in the wake of parent company Steinhoff’s accounting scandal.
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NewsSteinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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NewsSteinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.
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AnalysisWhat Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
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NewsSteinhoff boss Jooste resigns amid accounting scandal
Poundland owner Steinhoff’s chief executive Markus Jooste has stepped down with immediate effect as the group launches a probe into “accounting irregularities”.
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NewsPoundland beds into homewares with mattress trial
Poundland has unveiled a range of vacuum-packed mattresses which it will sell across 20 of its UK stores on a trial basis, Retail Week can reveal.
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NewsSteinhoff UK poaches new digital boss from The Range
Steinhoff UK has poached Alexander Bartholomew from The Range to head up its ecommerce and digital functions at Harveys and Bensons for Beds.
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NewsBensons and Harveys boss Machin restructures senior team
Bensons for Beds and Harveys have restructured their senior leadership teams as new boss Stuart Machin puts his stamp on the Steinhoff-owned chains.
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AnalysisProfile: Steinhoff’s 'world-class' homewares boss Machin
Steinhoff has snapped up Stuart Machin to helm Harveys and Benson for Beds. What will the former grocery golden boy bring to the role?
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NewsStuart Machin snapped up as Harveys and Benson boss
Steinhoff has snapped up former Target boss Stuart Machin as chief executive of Benson for Beds and Harveys, RetailWeek.com can reveal.
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NewsSteinhoff profits jump as Poundland sales climb
Steinhoff delivered a leap in profits and sales at the half-year mark, although its recent clutch of acquisitions dented margins.
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DataData: The top 30 retailers by store openings
Poundland tops the ranking owing to its acquisition of 99p Stores, while a large number of c-store operators make the top 30.
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AnalysisList: Which retailers have the best and worst m-commerce sites?
Burberry, Go Outdoors and Homebase have the best mobile websites while Multiyork and Prada are among the worst, according to a new report.
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NewsSteinhoff profits jump but fears over Brexit impact on UK business
Steinhoff has recorded increased profits and sales but warned that the value of the pound could have “an adverse effect on future margin”.
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AnalysisInfographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
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NewsSteinhoff faces pressure to up offer for Poundland as investor grows stake
Steinhoff could be forced to increase its offer for Poundland after rival shareholder Elliott Advisors upped its stake to 13.2%.
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OpinionNick Bubb’s verdict: Is Marks & Spencer stepping back (again)?
So is Marks & Spencer right to take a short-term profit hit in order to build the foundations for a turnaround in the long term?
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NewsHarveys owner Steinhoff UK profits jump 32% after online sales boost
Steinhoff UK - the owner of Harveys and Bensons for Beds - has recorded a 32% jump in annual profits after investment in its online offering bore fruit.