All Poundland articles – Page 2
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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.
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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.
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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).
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NewsFormer Poundland boss takes top role at builders’ merchant
The ex-boss of Poundland has taken up a new role.
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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.
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NewsPoundland body cameras cut incidents of store crime and violence
Value giant Poundland has reported a drop in violence and theft across stores after it deployed body cameras for its employees.
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NewsPoundland’s managing director has stepped down amid reports of a sale
Poundland’s managing director Austin Cooke has left the value retailer amid reports of a potential sale.
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NewsPoundland owner weighs changes as it calls in advisers
The owner of UK value retailer Poundland has drafted in advisers to explore options to arrest the business’ slump.
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NewsPoundland suffers sales plunge in Christmas quarter
Value specialist Poundland’s like-for-likes fell in the Christmas quarter, parent Pepco reported.
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NewsPoundland invests in technology as it ‘cracks down on in-store crime’
Poundland has announced that it is “investing significantly in security enhancements” and pledged to crack down on crime as it launched its ‘Against Retail Crime’ initiative.
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AnalysisWarsaw pact: How Poundland’s poor performance is starting to weaken its Pepco alliance
While its parent company Pepco is flying, Poundland has problems. Why is the high street value staple performing so badly at a time when it should be going from strength to strength?
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NewsPoundland impairment charge has cost Pepco hundreds of millions in losses
Poundland owner Pepco has reported a net loss due to a non-cash impairment charge for the high street discounter.
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NewsPoundland cuts prices to ‘reduce costs for customers’ after Budget tax rises
Value retailer Poundland has unveiled a raft of price reductions on essential items following yesterday’s Budget.
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Retail Navigator AnalysisPoundland (Strategy)
Just one day after launching its Poundland Perks digital loyalty scheme across the UK, Poundland’s new nationwide rewards programme became the top free app across Apple and Google Play stores.
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NewsPoundland rewards scheme has become the top free app one day after launching
Poundland’s new nationwide rewards programme has become the top free app across Apple and Google Play stores just one day after launching.
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NewsPoundland has launched its rewards app across the UK as part of £20m investment
Value retailer Poundland is rolling out its rewards app in-store and online across the UK alongside a £20m investment.
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Retail Navigator AnalysisPoundland (Financials)
Pepco Group reported that Poundland Group (comprising Poundland in the UK and Dealz outside the UK – the Republic of Ireland, Spain and Poland) sales increased 5.9% year on year on a reported basis to €2.23bn (£1.95bn) for the financial year to 30 September 2023 (FY2023), while UK and ROI sales increased 5.9% to €2.0bn (£1.74bn). The Poundland Group contributed 40% of the Pepco Group total revenue. Total Poundland Limited sales (UK, Republic of Ireland and Isle of Man) increased 11.7% to £1.77bn for the 53 weeks to 1 October 2023 (FY2023).
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NewsPepco is expecting to see ‘record revenues’ despite ongoing supply chain disruption
Pepco Group, which owns Poundland and Dealz, said it expects to see “record revenues” for the full year despite continuing supply chain issues.
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AnalysisA year since its collapse, where should Wilko focus to win back customers?
It’s been one year since value retailer Wilko fell into administration, which saw the beloved high street chain close 400 stores and cost 12,000 people their jobs.
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NewsPoundland is axing head office jobs to ‘work smarter and more efficiently’
Value variety retailer Poundland is cutting jobs across its head office in Walsall, West Midlands, as the business looks for ways to limit costs and work “smarter and more efficiently”.