All 99p Stores articles
-
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.
-
AnalysisInfographic: Poundland drops 99p Stores and Tesco unrest
The week in words and numbers, March 31, 2017: Poundland puts its 99p Stores into administration and Tesco faces shareholder mutiny over Booker acquisition.
-
OpinionTesco’s Booker deal deserves benefit of the doubt
A shareholder revolt against Tesco’s proposed merger with Booker has called into question the merits of the deal.
-
NewsToday in retail: 99p Stores' contentious administration
As fiercely competitive market dynamics continue to take their toll on retailers, today has brought another controversial administration.
-
NewsPoundland-owned 99p Stores falls into administration
Value chain 99p Stores has tumbled into administration less than two years after it was bought by Poundland, Retail Week can reveal.
-
NewsBreakfast briefing: Poundland, House of Fraser and more
Retail news round-up: Poundland to close 80 stores, House of Fraser chief executive quits, and Fashion chains up for sale
-
DataData: The top 30 retailers by store openings
Poundland tops the ranking owing to its acquisition of 99p Stores, while a large number of c-store operators make the top 30.
-
NewsPoundland boss admits 'we took our eye off the ball' owing to 99p Stores deal
Outgoing Poundland boss Jim McCarthy has blamed the “disruption” caused by the acquisition of 99p Stores for a sharp fall in profits.
-
NewsPoundland profits tumble during “period of significant change”
Poundland has posted a fall in profits and like-for-likes during what the outgoing boss describes as a “period of significant change”.
-
OpinionOpinion: WHSmith – there’s more to its success than adult colouring books
‘Extreme’ dot-to-dot puzzles and adult colouring books helped stationery retailer WHSmith post a 10% interim profits rise.
-
NewsPoundland boss positive on ecommerce but admits sharp learning curve
Poundland boss Jim McCarthy has claimed its ecommerce site has a “good future”, but admitted there is still work to do to make it the “finished article”.
-
NewsRetail Week Live: Poundland eyes up to 70 stores for new multi-price format
Poundland could have up to 70 stores under its new multi-price fascia but will abolish the plan if it fails, its boss has revealed.
-
OpinionOpinion: Value retailers face intense battle for the pennies never mind pounds
As Kevin O’Byrne prepares to settle into the chief executive’s chair at Poundland, it’s not just personnel that are changing in the value variety store market.
-
NewsPoundstretcher to launch new pound shop format under new boss
The owner of Poundstretcher is launching a new pound shop format with plans to have up to 50 stores by the end of the year.
-
News99p Stores pre-tax losses ballooned prior to Poundland takeover
Pre-tax losses at 99p Stores ballooned to more than £11m in its last full year of independence before being acquired by rival Poundland.
-
NewsRetail Diary: Dixons chief's dig at Amazon's Bleak Friday offer
Phantom shopper on bargain haunt in Mexico, shelves emptied in 99p Stores closing down Sale and Black Friday banter starts already.
-
AnalysisPoundland reports 26% dive in first-half profits: What the analysts say
Pre-tax profits plunged 26% at Poundland. The value retailer blamed higher costs and currency issues. This is what the analyst said.
-
AnalysisCan secondary locations look forward to a retail revival as new names open?
High streets in smaller towns and cities are experiencing a retail renaissance as more and more value-led retailers target them for growth.
-
AnalysisPoundland hires Hilco to renegotiate 99p Stores rents following acquisition
Poundland has hired adviser Hilco to renegotiate rents on 99p Stores, the business it acquired last month, Retail Week has learned.
-
AnalysisPoundland launches £50m share placing but warns on first-half profits
Poundland aims to raise £50m through a share placing to help fund its £55m acquisition of rival 99p Stores.