All Poundland articles – Page 6
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AnalysisMixing it up: How Hotel Chocolat and Joules are diversifying to drive growth
Diversification is a growing trend for retailers, from new product categories to new store formats and other customer propositions. But can adding more strings to your bow offer a route to long-term growth?
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Retail Navigator AnalysisPoundland (SWOT)
With annual UK sales of £1.6bn, Poundland is the clear market leader in one of the fastest-growing segments of UK retailing. Its acquisition of rival 99p Stores led to consolidation across the single-price retail sector, while its main rival Poundworld closed down in 2018. Although it has been expanding its multi-price offer, Poundland continues to also lean into its eponymous £1 price point to help consumers amid rising costs. The launch of its nationwide ecommerce site is likely to see its dominance grow.
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Retail Navigator AnalysisPoundland (People)
Stephan Borchert is chief executive officer of Pepco Group, while Austin Cooke is managing director at Poundland and Dealz.
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Retail Navigator Analysis
Poundland (Overview)
Poundland has capitalised on consumers’ value-seeking shopping habits amid tough economic times. It has been building a multi-price point strategy but from mid-2022 has also been leaning back into its “iconic” £1 price point to help consumers with mounting living costs.
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NewsPoundland owner Pepco to launch IPO in Poland
Poundland owner Pepco is set to list in Poland following months of speculation.
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GalleryIn pictures: Primark, JD Sports and John Lewis lure back shoppers for reopening
As non-essential retail reopens its doors in England on April 12, Retail Week visits key shopping locations to gauge retail offers and shopper appetite.
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NewsPoundland parent Pepco’s profits drop as it ramps up European expansion
Poundland’s owner Pepco Group has reported an uplift in full-year sales as it plans to open 400 new stores per year.
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NewsRussia’s pound shop to launch London IPO
Fix Price, Russia’s version of Poundland, has set a course for a London stock market listing.
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NewsPoundland records festive sales uptick
Poundland parent company PepCo has reported an uplift in first-quarter revenue boosted by the introduction of new price points and product lines.
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NewsB&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
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AnalysisSmiling through tiers: Retailers pin hopes on ‘busier December’ as lockdown lifts
On Thursday, health secretary Matt Hancock rose to his feet in the House of Commons to update MPs and the country about the end of national lockdown on December 2 and a return to the tiered system of restrictions.
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NewsPoundland acquires Fultons Foods, ploughs £25m into grocery offer
Poundland has snapped up frozen food retailer Fulton Foods for an undisclosed sum and plans to invest £25m into its grocery offering over the next two years.
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AnalysisAnalysis: The discounters do digital
The discounters have lost share during the pandemic as more and more grocery shoppers switched to online. But digital moves are afoot at Aldi, Lidl and Poundland. Retail Week reports.
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AnalysisFrom e-bikes to pound shops: Meet the businesses filling gaps on the high street
While the pandemic continues to force many retailers to the wall, there are some old and new businesses still snapping up space. Retail Week meets those with ambitious store opening plans.
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NewsPoundland to launch online delivery as part of ‘biggest ever transformation’
Value retailer Poundland is set to launch its first-ever online delivery service and revamp its store estate as part of a new transformation programme.
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NewsPoundland owner’s first-half performance hit by pandemic
Value group Pepco, owner of the Poundland and Dealz chains, has posted a fall in first-half profits but said that sales are returning to pre-pandemic levels.
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AnalysisAnalysis: As June rent day nears, what will retailers do?
At the last quarterly rent day in March, landlords received a fraction of the rent they were due as stores were forced to close under lockdown. What will happen as rent day approaches this week?
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VideoFace time: Poundland boss Williams on trading on pandemic-hit high streets
Poundland managing director Barry Williams talks to Retail Week about the challenges of trading during the coronavirus pandemic, which has seen “10 years of consumer behaviour condensed into 10 weeks”.
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NewsCoronavirus: Poundland puts 100 stores into ‘hibernation’
Poundland is placing 100 of its stores into “hibernation” this week as part of efforts to stem the spread of coronavirus, Retail Week can reveal.
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NewsPoundland parent delays flotation amid coronavirus volatility
Stock market volatility triggered by coronavirus fears and the unrelated illness of boss Andy Bond has prompted Poundland owner Steinhoff to hold off on floating the value retailer.
