All Poundland articles – Page 2
-
NewsPoundland wins go-ahead for restructuring plan from High Court
Value retailer Poundland has been given a green light to restructure, providing a lifeline as it launches a revival strategy.
-
NewsCourt to have final say on Poundland restructuring after creditor pushback
Creditors have failed to fully back value retailer Poundland’s restructuring plan, meaning a final decision will be made at a court hearing next week, Retail Week understands.
-
AnalysisPoundland poised to press button on £1 price rollout as it awaits restructuring green light
Assuming the value retailer wins support for its turnaround plans in the next few days, boss Barry Williams thinks it could make a comeback as swift as its decline. Here, he tells Retail Week about his plans to make Poundland a favourite with shoppers once again
-
NewsPoundland confirms number of store closures exceeds 50
Poundland has confirmed the location of a further 12 stores set to close in the coming weeks, bringing the total of guaranteed store closures to 52.
-
NewsPepco Group brings in advisers to support Poundland transition to new owners
Former Poundland owner Pepco Group has drafted in an advisory firm to help with the value chain’s move to new owners.
-
NewsPoundland outlines restructuring plan to kick-start turnaround
Value specialist Poundland intends to make sweeping changes to its business as it seeks to recover following poor trading.
-
NewsPoundland to 'halt rent payments' at hundreds of stores
Poundland is set to stop paying rent at 250 of its shops if a mooted restructuring plan gets the nod from creditors, according to reports.
-
Opinion‘Gone for £1, but Poundland could still coin it in again’
It’s been sold for a quid and restructuring looms, but Poundland’s value for money proposition can still profitably draw in shoppers if it refocuses on traditional strengths, argues Retail Week executive editor George MacDonald
-
NewsPoundland sale confirmed with £80m financing package
Poundland has been sold by owner Pepco in a deal that will see the retailer secure an £80m cash injection to fund its turnaround.
-
NewsPoundland owner inching closer to sale of discounter
Pepco is inching closer to agreeing a sale of discount chain Poundland, with a deal expected to be announced as soon as this week.
-
NewsPoundland eyes rent cuts in bid to save on costs
Struggling value player Poundland is reportedly mulling plans to force through steep rent cuts on its properties in a bid to slash mounting costs.
-
NewsPepco says Poundland exit ‘expected’ by September
European discount group Pepco is expecting to offload the Poundland business by September.
-
NewsPoundland sale puts thousands of jobs and 200 stores at risk
Thousands of jobs and as many as 200 stores are at risk as a deal for Poundland looms.
-
NewsPoundland receives new takeover bid from Lakeland owner
Value giant Poundland has received two new takeover offers, according to reports.
-
NewsShoplifting has reached yet another record high
Shoplifting offences recorded by police in England and Wales have yet again reached its highest level, according to the Office for National Statistics (ONS).
-
NewsBensons for Beds owner mulls bid for Poundland
Alteri, the owner of Bensons for Beds, has emerged as one of several potential contenders to take over discounter Poundland.
-
NewsFormer Wilko boss takes up senior role at Poundland
The ex-chief executive of embattled variety store group Wilko has joined the leadership team of value specialist Poundland as its owner considers a sale, Retail Week can reveal.
-
NewsPepco ‘actively exploring separation options’ for Poundland
Pepco Group has said it is “actively exploring separation options” for Poundland as it aims to focus on a single format and move away from fast moving consumer goods (FMCG).
-
NewsFormer Poundland boss takes top role at builders’ merchant
The ex-boss of Poundland has taken up a new role.
-
Opinion‘The future of struggling Poundland is likely to be revealed next week’
In the current trading environment, value specialist Poundland should be flying. It’s not.