All 99p Stores articles – Page 5
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NewsRetail Week Live: Out-of-town retail parks will struggle, says Bill Grimsey
Out-of-town retail parks will suffer the same decline as high streets as shoppers move online, said Bill Grimsey, former boss of Focus DIY and author of Sold Out, at Retail Week Live today.
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NewsPoundshops pull punches over power
A fight broke out on Twitter this week among the pound shops, over the hugely controversial subject of batteries.
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NewsThrifty protection from 99p Stores
Sex education is always an awkward subject but 99p Stores proved to be a straight-talker on the subject.
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AnalysisAnalysis: B&M Bargains deal sets foundations for European growth
Private equity firm Clayton Dubilier & Rice yesterday revealed its estimated £965m investment in value retailer B&M Bargains as well as Sir Terry Leahy’s appointment as non-executive chairman. Retail Week speaks to co-managing director Simon Arora and analyses the implications of the deal.
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NewsShop Direct eyes Comet brand
Shop Direct is considering buying the brand and website of ailing electricals retailer Comet, which collapsed into administration last week.
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NewsRetailers hope for record Halloween sales
Retailers are hoping for another record Halloween following last year’s £300m sales bonanza.
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AnalysisAnalysis: How is big-box retail changing?
Value retailers are moving out of town. Tiffany Holland finds out why, and looks at the implications as they switch focus from the high street.
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NewsDiscounters bid for JJB stores following collapse
Value retailers are competing to secure the best of JJB’s closed stores after the sports retailer collapsed into administration last week.
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NewsBoots boss warns discounters pose hypermarket threat
The high street discounters’ move into branded products will threaten the viability of hypermarkets, warned Boots boss Ken Murphy.
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AnalysisData: Retailers give their verdict on the Olympics
Retailers have praised the “feel good factor” created by the Olympics and said it has had a positive impact on shopper numbers.
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OpinionThe pound stores look quids in for growth
The addition of industry veteran Andrew Higginson to the board of Poundland and Monday’s news that 99p Stores has posted an uplift in profits is further evidence of the maturing status of the single-price sector.
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InterviewQ&A: Hussein Lalani, 99p Stores commercial director
Although growth has slowed, 99p Stores today posted double digit pre-tax profit growth and strong like-for-like sales last year. Retail Week speaks to managing director Hussein Lalani about the continuing popularity of the chain.
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News99p Stores profit up but growth slows
99p Stores posted a 13% surge in pre-tax profit for the year to January 31 but growth slowed considerably against last year when it experienced a rocketing 350%pretax profit increase.
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AnalysisIn numbers: Where Poundstretcher sits in the value market
As former Peacocks chief executive Richard Kirk joins Poundstretcher, Retail Week takes a look at where the retailer is positioned versus its value competitors.
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AnalysisCampaign of the week: 99p Stores, Hussein Lalani on Watchdog
While not a conventional marketing campaign – presumably no one would actively seek out the criticism of their business on national TV – Hussein Lalani’s response to a Watchdog segment about his business 99p Stores is a good example of how to turn bad news around.
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AnalysisProfile: Aziz Tayub, Poundstretcher owner, chairman and chief executive
He may shun the spotlight, but the Poundstretcher boss has drawn the industry’s attention with plans to expand into the Middle East.
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NewsIceland buys Peacocks stores as value retailers size up the estate
Iceland has bought seven former Peacocks stores from the value fashion retailer’s administrator KPMG.
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News99p Stores' £60m price tag
Single-price retailer 99p Stores is considering selling the business for £60m.
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NewsFormer Woolworths stores almost filled
Just over 100 former Woolworths stores vacated following its collapse in January 2009 remain empty.
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AnalysisMargins: What do retailers need to know?
Many retailers started their Sales early during the Christmas period. What are the implications of discounting on retailers’ margins?