Poundland reveals £1bn sales as European expansion and click-and-collect...
Discount retailer Poundland has reported a 13 per cent rise in sales as it kicks off its European expansion with a store opening in Torremolinos yesterday (2 July).The retailer, which floated on the...
View ArticleMorrisons hires former Tesco finance director Andrew Higginson as chairman
Morrisons has announced that Andrew Higginson, formerly a finance director at rival chain Tesco, will replace chairman Sir Ian Gibson when he retires in 2015.Morrisons is faced with falling revenue,...
View ArticlePoundland bags a 12% profit despite European expansion costs
Discount retailer Poundland reported a 12 per cent profit of £9.3m in its first-half report despite launching pilot stores in Spain.The profit comes despite Poundland dishing out £1.2m for a new...
View ArticlePoundland spends big on 99p stores
99p Store customers could soon be asked to spend an extra penny after its marginally pricier rival, Poundland, announced a £55m bid for the discount retailer.Still subject to approval from competition...
View ArticleASA pulls up Poundland for ‘everything for £1’ claim on website
The Advertising Standards Authority (ASA) has stamped out misleading pricing claims from Poundland on the discount retailer’s website.The ASA investigation was prompted by two complaints regarding...
View ArticlePoundland boss ‘disappointed’ at competition regulator impeding 99p Stores...
Poundland chief executive Jim McCarthy has expressed his disappointment that its proposed £55m buyout of rival discount store 99p Stores has been impeded by the Competition and Markets Authority (CMA)...
View ArticlePoundland to break £1bn sales mark as it woos supermarket shoppers
Poundland is expected to break through the £1bn sales mark for the first time in its history as the discounter continues to lure shoppers looking for cheaper alternatives away from supermarkets....
View Article‘Blistering’ Poundland profits surge 18.6% to hit £36.2m
Budget retailer Poundland has recorded an 18.6 per cent surge in underlying profits, earning £43.7m for the year to 29 March on the back of £1.12bn in sales.The healthy results come as Poundland mounts...
View ArticleWatchdog gives go-ahead to Poundland & 99p Store merger amid competitive...
The UK Competition and Markets Authority (CMA) has given the go-ahead to Poundland’s £55m takeover of rival 99p Store.The merger, which will see the Poundland brand inherit a further 800 UK stores,...
View ArticlePoundland succumbs to online demand to launch first transactional website
Since posting record sales, industry murmurs of slowing growth have surrounded the retailer alongside concerns that without a clear digital strategy it might have reached its peak.Its first...
View ArticleMorning bulletin: £597m-Poundland, Ebay pop-ups, a Pokemon coffee shop and...
For the second of our daily doses of marketing round-up’s we’ve trawled the web once more to bring you all the latest news and developments, so you don’t have to.First in line this morning is a report...
View ArticleSteinhoff International strikes a bargain, snapping up Poundland for £597m
Poundland has been acquired by South African retail conglomerate Steinhoff International for half a billion pounds.The cut-price retailer has accepted the £597m takeover approach from the company after...
View ArticleTwinings distances itself from Poundland's lewd £25 Christmas social...
Twinings has denied involvement in a controversial tweet from discount retailer Poundland in which an elf was pictured 'teabagging' a female doll.The post, which appeared on the retailer's Twitter...
View ArticleASA to launch investigation into Poundland's X-rated Elf on the Shelf...
The Advertising Standards Authority (ASA) has launched an investigation into a lewd Christmas campaign from Poundland which left customers red-faced. The UK advertising watchdog has confirmed to The...
View ArticleASA pulls up Poundland for ‘everything for £1’ claim on website
The Advertising Standards Authority (ASA) has stamped out misleading pricing claims from Poundland on the discount retailer’s website.The ASA investigation was prompted by two complaints regarding...
View ArticlePoundland boss ‘disappointed’ at competition regulator impeding 99p Stores...
Poundland chief executive Jim McCarthy has expressed his disappointment that its proposed £55m buyout of rival discount store 99p Stores has been impeded by the Competition and Markets Authority (CMA)...
View ArticlePoundland to break £1bn sales mark as it woos supermarket shoppers
Poundland is expected to break through the £1bn sales mark for the first time in its history as the discounter continues to lure shoppers looking for cheaper alternatives away from supermarkets....
View Article‘Blistering’ Poundland profits surge 18.6% to hit £36.2m
Budget retailer Poundland has recorded an 18.6 per cent surge in underlying profits, earning £43.7m for the year to 29 March on the back of £1.12bn in sales.The healthy results come as Poundland mounts...
View ArticleWatchdog gives go-ahead to Poundland & 99p Store merger amid competitive...
The UK Competition and Markets Authority (CMA) has given the go-ahead to Poundland’s £55m takeover of rival 99p Store.The merger, which will see the Poundland brand inherit a further 800 UK stores,...
View ArticlePoundland succumbs to online demand to launch first transactional website
Since posting record sales, industry murmurs of slowing growth have surrounded the retailer alongside concerns that without a clear digital strategy it might have reached its peak.Its first...
View Article
