All Poundstretcher articles
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News
Poundstretcher opens new store at former Wilko site
Poundstretcher has opened a new store in a former Wilko site as it continues its expansion.
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News
Exclusive: PureGym and Poundstretcher eye former Wilko stores
Poundstretcher is looking to take over former Wilko stores while PureGym has since said it is no longer interested in the sites, Retail Week has learned.
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News
Poundstretcher announces pay rise for employees as inflation soars
Poundstretcher announced that it would give a 10% pay rise to nearly 4,000 employees, effective from April 1.
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Opinion
‘Why are auditors suddenly dumping retail clients?’
Boohoo, EG Group and Poundstretcher have all seen their auditors resign in recent weeks. Having originally fought for the engagement, why the about-turns?
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News
Struggling Poundstretcher launches CVA
Variety discount retailer Poundstretcher has launched a company voluntary arrangement to help restructure its struggling business and appointed KPMG to help drive the turnaround.
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News
Poundstretcher profits decline as sales dip
Poundstretcher’s full-year profits have fallen by a quarter as it looks to rejig its store estate to focus on larger retail park leases.
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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
Poundstretcher credit insurers reduce cover
Poundstretcher owner Crown Crest Group has had its credit cover cut as insurers continue to tighten terms for high street operators.
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Analysis
Poundstretcher profits rise despite falling sales
Poundstretcher has posted a healthy boost in its full-year profits as the value retailer rejigs its store estate to focus on retail park openings.
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News
Former Next and Mothercare exec Tufnell emerges as BHS front runner
Former Next, Mothercare and Burton executive Greg Tufnell is spearheading a bid to rescue beleaguered department store chain BHS.
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News
Matalan tycoon leads race for BHS but liquidators could be called in
Matalan founder John Hargreaves’ consortium has moved to the front of the queue to rescue BHS, but liquidators could still be called in.
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News
Breakfast briefing: Retail news on BHS, Sports Direct and M&S
Retail round-up on May 19, 2016: Poundstretcher owner becomes latest to eye collapsed BHS and Rangers to sever retail ties with Sports Direct.
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News
Breakfast briefing: Retail news on Sports Direct and Poundstretcher
Retail news round-up on March 1, 2016: Sports Direct looks interested in Clerys and Poundstretcher faces lawsuit for selling fake shampoo bottles.
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News
Andy Bond to launch discount variety chain with backing from Christo Wiese
Former Asda boss Andy Bond is launching a discount variety chain in the UK backed by Christo Wiese, Retail Week can reveal.
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News
Discounters outpace supermarket and convenience store growth
Discount retailers have opened stores at a faster rate than supermarkets and convenience stores over the past five years.
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Analysis
Poundstretcher revamps stores and strategy as it bids to gain market share
Retail Week speaks to Poundstretcher’s managing director Ian York about the discount retailer’s new strategy and expansion plans.
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News
Breakfast briefing: Retail news on Tesco and Aldi
Retail news round-up on January 6, 2015: Tesco considers pensions overhaul and Aldi recalls chocolates after salmonella found.
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News
Poundstretcher reports 'best Christmas ever' after 14.75% sales increase
Discount retailer Poundstretcher has reported its “best Christmas ever”, as sales increased 14.75% over the five weeks ended 30 December.
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Analysis
Analysis: 99p Stores targets convenience supermarkets with retail overhaul
The budget retailer 99p Stores is undergoing an overhaul and raising its ambitions, chief operating officer Tony Brown tells Retail Week.
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News
Poundstretcher guns to be the 'branded Aldi' as it ramps up FMCG offer
Poundstretcher is gunning to be the “branded Aldi”, claiming it cannot be beaten on the price of branded goods as it extends its FMCG offer