All Value articles – Page 45
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News99p Stores reopens former Hub store
99p Stores has acquired a former Hub shop after the variety store retailer, founded by Poundland co-founder Davd Dodd, went bust last month.
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NewsPoundland profit surges as cash strapped consumers seek value
Poundland underlying EBITDA surged 34% to £31.7m in the year to March 27 as the retailer continues to pull in cash strapped shoppers in the downturn.
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NewsPoundstretcher makes first profit in six years
Poundstretcher has returned to profit for the first time since 2005 after a restructure and a cost reduction exercise.
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NewsPoundland-owner eyes Nordic counterpart
Value retailer Poundland’s private equity owner is reportedly in talks to buy the retailer’s Nordic counterpart Europris for between €400m and €500m (£345m to £430m)
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NewsPoundworld to launch smaller format store
Single price point retailer Poundworld is to open a smaller convenience store format as it continues to expand across the UK.
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OpinionPoundland distances itself from Poundworld
Fixed pricing, pound retailing, the round pound – call it what you like, but it seems to be everywhere I turn.
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NewsPoundworld’s credit insurance pulled despite 500% profit rise
Discount chain highlights continued performance and supplier support as Euler Hermes stops cover
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GalleryIn pictures: Bringing out the best
In the most trying of circumstances this week retailers bonded with the affected communities like never before.
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NewsPoundland to open in Ireland under Dealz fascia
Single price point retailer Poundland is to expand into the Republic of Ireland trading under the name Dealz.
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AnalysisAt the margins
At every turn, retailers are staring at rising costs. With deflation a thing of the past, how can they manage their margins and remain profitable? Charlotte Hardie considers the challenges ahead.
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NewsPoundstretcher returns to profit as it snaps up Alworths stores
Poundstretcher managing director Charles Kay said the variety chain returned to profit in the year to the end of March 2011 for the first time in six years.
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AnalysisPoundstretcher
Poundstretcher has struggled despite the customer flight to value, but with the acquisition of 15 Alworths stores the value retailer is out to turn things around
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NewsWilkinson trials contactless payment
Variety chain Wilkinson is to trial contactless payments across 25 stores, ahead of a potentialroll-out of the technology across its 350 stores.
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NewsIn Focus: Poundstretcher
Poundstretcher has become one of the forgotten names of UK retailing, despite being a significant player in the evolution of the variety store into value retailing.
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News
A third of Woolworths stores still vacant two years after closure
A third of Woolworths’ 800 former stores still lie empty two years after the shutters came down, and experts believe that they are likely to remain vacant because of their locations.
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AnalysisPassing on the VAT increase
With VAT set to rise retailers will struggle to absorb the increase, especially as other costs are rising. Some are already putting prices up to make January’s change less noticeable, Nicola Harrison discovers
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OpinionDifferentiation will be key in 2011
It’s that time of year for peeping over the parapet to stare at the new year.The trouble with predictions is that so often the reality turns out to be much wilder than the forecasts.
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NewsHomewares and cooking bestsellers this Christmas at Hub
Variety store group Hub expects homewares and cooking to be bestsellers this Christmas.
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OpinionEtail is redefining the retail property market
The names of the retailers taking stands at this year’s British Council of Shopping Centres said everything about today’s retail property market. Five of the top six supermarkets were there competing for sites, as were value retailers Wilkinson, Poundland and Store Twenty One, vying for space in an increasingly crowded ...