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City & Finance

Jim McCarthy

Poundland to scrap 99p Stores fascia but retain all its shops

Poundland will scrap the 99p Stores fascia and replace it with its own name, following news of provisional regulatory clearance for the £55m takeover.

Poundland’s acquisition of rival retailer 99p Stores has been provisionally approved by the Competition and Markets Authority (CMA).

Poundland acquisition of rival 99p Stores provisionally approved by CMA

Poundland’s acquisition of rival retailer 99p Stores has been provisionally approved by the Competition and Markets Authority (CMA).

Retail Week Breakfast Briefing

Breakfast briefing: Retail news on Tesco's Homeplus and Apple

Retail news round-up on August 25, 2015: Tesco receives three separate offers for Homeplus, and Apple recalls faulty iPhone 6 Plus models.

Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.

Tesco could delay sale of Korean business as local currency slides

Tesco could earn less than expected from the sale of its Korean business – and could delay the sell-off – after a slide in the local currency.

Retail Week Breakfast Briefing

Breakfast briefing: Retail news on Tesco's Homeplus, BHS and Phones 4U

Retail news round-up on August 24, 2015: Private equity firms team up to bid for Tesco’s Homeplus and BHS seeks £70m for revival.

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