All Value articles – Page 46
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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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NewsWilkinson boosts its own-brand offer by introducing food lines
Variety chain Wilkinson has launched its first range of own-brand food products.
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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 ...
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AnalysisQuality takes upper hand in value battle
Customers are redefining value and ‘returning to quality’. So what does the future hold for discount retailers?
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NewsStores vie for Halloween bonanza but growth ‘unlikely to continue’
Retailers expect this year’s Halloween to deliver bumper sales, with the event set to be the third biggest for retail after Christmas and Easter.
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AnalysisContactless payments: Out of contact
Contactless is approaching tipping point, but concerns remain about costs and whether shoppers will embrace the system without a national consumer awareness campaign.
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NewsValue retailers gaining sales, Nielsen finds
Grocery sales rose by 3.9% in the four weeks leading up to September 4, market data company Nielsen has reported.
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NewsB&M Bargains and Poundland homing in on out-of-town stores
Value retailers are extending their rivalry from the high street to out of town as B&M Bargains launches a home format and Poundland targets retail parks. Family Bargains, the fledgling sister chain of 99p Stores, is also looking out of town.
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NewsPoundland profits rocket as like-for-likes slow
Single price point retailer Poundland operating profit rocketed 81.5% to of £21.5m in the year to March 28.
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OpinionValue's growing value
As the new breed of value retailers reach maturity, there’s no reason they should be restricted to in-town locations.
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NewsHub stores will plug gap left by Woolworths
Poundland founder Dave Dodd is to open the first store for his latest venture in Telford.
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NewsRetail recovery remains on course despite VAT rise
Leading retailers have reacted with relief to this week’s emergency Budget and are confident that it won’t derail the retail recovery.