All Value articles – Page 20
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NewsPoundworld: 80 more stores and 1,000 jobs to go
Poundworld administrators will close another 80 stores next week, on top of the 25 already set to close this weekend.
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NewsPoundworld to close 25 stores, axing 242 jobs
Poundworld is closing 25 of its 355 branches this week including stores in Birmingham, Manchester and Nottingham.
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NewsPoundworld's founder drops his rescue bid
Poundworld founder Chris Edwards has ditched talks to rescue the business, pushing more than 5,000 jobs closer to the precipice.
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NewsTime running out to save Poundworld, founder warns
Poundworld founder Chris Edwards, who wants to buy back the retailer, has accused administrator Deloitte of making a rescue deal more difficult by “wasting time”.
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NewsPoundland 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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OpinionOpinion: Improving is not winning in retail
The roll call of failed or struggling retailers is growing: Toys R Us, Maplin, Poundworld, Carpetright, Mothercare, House of Fraser.
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AnalysisTaking 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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CartoonRetail cartoon: Rollercoaster of emotions on the high street
Retail Week cartoonist Patrick Blower’s take on the mixed fortunes facing high street retailers
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AnalysisAnalysis: High street SOS – what needs to change?
Since the beginning of this year, 21,000 retail jobs have been lost as businesses as diverse as Toys R Us, Maplin, House of Fraser and Poundworld have entered administration or pursued CVAs.
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OpinionOpinion: Calling Andrew Griffiths… are you receiving?
At Retail Week Live in March, Government minister Andrew Griffiths took to the stage to announce the creation of a retail industry council. Since then he seems to have gone AWOL.
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NewsPoundworld founder hopes to pull off rescue deal
Poundworld entrepreneur Chris Edwards is considering buying back part of the value retailer’s business following its collapse into administration yesterday.
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NewsPoundworld collapse puts more than 5,000 jobs at risk
Poundworld has plunged into administration putting around 5,100 jobs at risk.
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NewsPoundworld to file intention to appoint administrators
Poundworld will file its intention to appoint administrators today after a rescue bid from Alteri collapsed, putting 5,500 jobs at risk.
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NewsPoundworld future in doubt as Alteri ditches rescue bid
Poundworld’s talks with Alteri Investors have ended at the eleventh hour, casting fresh doubt over the survival of the beleaguered value chain.
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OpinionOpinion: Why is Poundworld in trouble now?
There’s a lot more to being a successful discounter these days than having shelves laden with cheap stuff.
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NewsPoundworld closing in on rescue deal with Alteri
Former Austin Reed owner Alteri Investors is closing in on a deal to rescue embattled Poundworld.
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NewsPoundland 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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NewsPoundworld founder Chris Edwards eyes rescue bid
Poundworld’s founder and former boss Chris Edwards is mulling a move to rescue the embattled business.
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NewsPoundworld parent TPG parks CVA plan in favour of sale
Poundworld’s owner has halted plans for a possible Company Voluntary Arrangement (CVA) after receiving expression of interest from prospective buyers.
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OpinionClive 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.