All Value articles – Page 8
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NewsPoundland to begin transformation of former Wilko stores
Poundland will begin the transformation to turn 11 former Wilko stores into new Poundland shops, adding chilled and frozen food, clothing and homeware.
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NewsWilko set to open two more UK stores
Wilko is continuing its roll-out of new concept stores across the UK with two new stores set to open in spring.
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NewsB&M sales rise on back of strong general merchandise volume
Value group B&M has reported an increase in sales over the third quarter.
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NewsMatalan commits £35m to lower prices on 700 products
Matalan has pledged to help families amid the ongoing cost-of-living crisis as it invests £35m in lower prices on more than 700 products.
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NewsPoundland hires nearly 1,000 former Wilko staff in 70 days
Poundland has so far hired 962 former Wilko staff in 70 days after it acquired several former Wilko sites.
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NewsPepco posts ‘disappointing profit outturn’ despite record sales
Discount retailer and Poundland parent company Pepco Group has posted a “disappointing profit outturn” after record European store openings and despite a record 17.7% growth in full-year revenue.
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NewsWilko and The Range to close all stores on Boxing Day
Wilko and The Range will close all of their 200-plus stores on Boxing Day to give its staff a “well-earned break” over the festive period.
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NewsMiniso’s budget beauty and self-care range hits UK
Miniso has launched its beauty and self-care collection in selected UK stores following a successful rollout across its international stores.
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GalleryWilko returns with first store openings in Plymouth and Exeter
Wilko has opened its first new concept stores in Devon’s Plymouth and Exeter as it returns to the UK high street.
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NewsRegulators urged to claw back millions in Wilko dividends
The chair of the Commons business and trade committee has urged UK regulators “explore every option” to claw back millions in dividends paid to Wilko’s founding family.
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InterviewThe Works boss Gavin Peck on revamping stores to win new customers
Variety retailer The Works is on a transformational journey under chief executive Gavin Peck, revamping its store estate from jumbled, “Aladdin’s caves” into spaces focused on offering something for every member of the family.
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Opinion‘Wilko was killed by inertia, not Liz Truss’ chaotic mini-budget’
’Retail is detail’ must be one of the oldest mantras in the industry but, sadly, Lisa Wilkinson wasn’t across it.
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NewsWilko chair blames retailer’s collapse on Truss mini-budget
Former Wilko chair Lisa Wilkinson has laid out the issues that led to the collapse of the retailer, including pointing to former prime minister Liz Truss’ mini-budget for driving up interest rates.
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NewsPoundland to open more former Wilko stores before Christmas
Poundland has confirmed it will open seven more former Wilko stores before Christmas, taking the total number of Wilko-to-Poundland stores to 63.
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NewsFormer Wilko owner and bosses to face MPs over collapse
Wilko bosses, which includes former owner Lisa Wilkinson, will be called in front of a parliamentary committee after the chain collapsed in August.
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NewsPoundland launches first-ever Black Friday event
Poundland has opened its first Black Friday event, with deals available both online and in stores.
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NewsPoundland yet to reach deal with 15 Wilko store landlords
Poundland has not yet reached an agreement with the landlords of more than 15 former Wilko sites, which it had intended to reopen under its own brand.
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NewsThe Range warns on outlook as sales slip
The Range has reported a decrease in sales and warned of a “severe but plausible downside” that could impact future sales.
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NewsThe Works drops profit guidance by £4m
The Works has dropped its profit guidance by £4m as it anticipates taking a hit on prices to remain competitive in the eyes of bargain-hunting shoppers.
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NewsB&M raises profit outlook
B&M has upped its profit guidance for FY24, but said forecasting has been difficult against a volatile backdrop.