All Poundland articles – Page 7
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News
Poundland like-for-likes rise despite Steinhoff woes
Value variety store group Poundland has reported a rise in first-half like-for-like sales.
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Analysis
Taking a pounding: winners and losers in value retail
This week yet another retailer fell victim to the gruelling conditions on the high street when Poundworld plunged into administration, putting 5,100 jobs at risk.
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News
Poundland owner holds 'urgent' restructuring talks
Poundland’s owner Steinhoff has kicked off restructuring talks with its lenders to address the group’s “critical” debt position.
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Opinion
Clive Black: Sainsbury’s-Asda is big challenge for CMA
Boom! When Poundland decided to acquire 99p Stores, the Competition and Markets Authority (CMA) took it to a Phase 2 investigation.
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News
Poundworld plots up to 100 store closures in CVA plan
Poundworld is preparing to launch a CVA, which could see it close up to a quarter of its store estate.
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Analysis
The disruptors: Who are the new value retail players?
The value sector is the latest focus of Retail Week’s ‘The disruptors’ series, which looks at the businesses creating waves across the industry.
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News
Steinhoff first-quarter sales slump as scandal deepens
Steinhoff has posted a fall in its UK and overall first-quarter sales as chairwoman Heather Sonn warned that its accounting scandal could stretch beyond the €6bn already flagged.
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News
Bailey’s rainbow check for Burberry swansong
Burberry unveils rainbow check for Bailey’s last collection, Poundland gives one teacher a lesson, and Apple’s voice tech is making a mark in more ways than one.
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News
Steinhoff hires restructuring chief to manage crisis
Steinhoff has appointed KPMG veteran Richard Heis to drive its urgent restructuring, as the Poundland owner deals with the fallout of its accounting scandal.
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News
Retail diary: Poundland’s elf defies ad ban
Sainsbury’s Valentine’s blooper, Drake picks up the grocery tab, and Poundland’s social media team prove unstoppable.
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News
Poundland ‘naughty elf’ campaign banned by regulator
Poundland’s risqué Christmas ad campaign must not appear on social media sites in its current form, the Advertising Standards Authority (ASA) has ruled.
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News
Move of the week: Two senior executives quit Pep&Co
It emerged this week that two of Pep&Co’s most senior executives have handed in their notice and will leave the retailer in May.
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News
Poundland hunted by private equity as Bond eyes buyout
Poundland is being circled by a host of private equity firms amid boss Andy Bond mulling a potential management buyout.
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Opinion
Opinion: Did the blockbuster Christmas ads work?
Love or hate them, Christmas ads are the UK’s Super Bowl commercial. And big bucks are involved, too.
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News
Poundland ramps up fashion with 150 Pep&Co openings
Poundland is making a major play for the value fashion market by opening more than 150 Pep&Co shop-in-shops in its stores over the next year.
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Analysis
Infographic: Christmas results and X-rated elves
Words and numbers, January 12, 2018: Theo Paphitis on the state of retail, Mothercare’s sales slump, good news for Next and Poundland’s naughty ads
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Analysis
Bensons' Machin: Firefighting amid the Steinhoff blaze
When Stuart Machin took the top job at Steinhoff-owned Bensons for Beds and Harveys last August, he knew he had his work cut out.
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News
Steinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.
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News
Poundland parent: Financial ties to Steinhoff ‘severed’
Poundland parent company Pepkor Europe’s chief operating officer Sean Cardinaal said the subsidiary has financially “severed any kind of alliance” with Steinhoff through a newly secured £180m loan.
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News
Poundland’s X-rated Elf tweets to be probed by ASA
The Advertising Standards Agency (ASA) has launched an investigation into Poundland’s lewd ‘Elf on the Shelf’ Twitter campaign.