All Poundworld articles – Page 4
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News
Poundland supplier pulls value ecommerce site amid family 'misunderstanding'
A supplier to value chains including Poundland pulled the ecommerce site Pound Panda amid a family ‘misunderstanding’, it has emerged.
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News
Variety retailers including Poundland more than fill the gap left by Woolies
Variety retailers more than fill the gap left by Woolies…….and more shop openings are planned as single-price retailer Poundland gears up for float.
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News
Poundshop.com launch delayed until Tuesday
Poundworld’s transactional website Poundshop.com’s launch has been delayed three days until Tuesday.
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News
KPMG resigns as Poundworld auditor after highlighting "misleading" stocktaking
Poundworld’s auditor KPMG resigned in December after it qualified the retailer’s annual accounts, it has emerged.
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News
First online pound shop launches ahead of Poundshop.com debut
An online pound shop has launched this week for the first time, pipping Poundland co-founder Steve Smith’s Poundshop.com venture to the post.
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News
Poundworld emerges as surprise partner to etailer Poundshop.com
Poundworld has emerged as a surprise partner to single-price point etail venture Poundshop.com, the yet-to-launch business set up by Poundland co-founder Steve Smith.
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Opinion
Comment: Poundland has surged ahead of rivals to charm the middle classes
Poundland today reported a ‘record’ Christmas as year-on-year total gross sales surged 12.4% to £348.8m in its third quarter. Prospects for the year ahead, as the retailer eyes a public listing, are positive.
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Analysis
In numbers: Round-up of retail's Christmas trading updates
Dozens of the biggest retailers have updated the market on their all-important Christmas trading in the last few weeks. Here’s a glance at the headline numbers.
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News
Poundworld profits slump for second consecutive year despite sales surge
Poundworld pre-tax profits fell despite surging sales as the value retailer invested in new stores and its back office infrastructure.
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News
Dutch value retailer Hema to open stores in the UK
Dutch value retailer Hema is planning to launch in the UK during the first half of this year.
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News
99p Stores considers property restructure to address loss-making stores
99p Stores aims to restructure parts of its property portfolio after facing difficulties in its Family Bargains business.
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Opinion
Nick Bubb’s verdict: Poundland - will investors in the IPO be quids in?
Five years on from the demise of Woolworths, fund managers will soon have a new discount retailer to invest in.
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News
Poundworld strikes deal with Barclays to fund 100 new stores
Poundworld has completed a funding deal with Barclays to support its plans to open 100 new stores over the next three years.
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Analysis
Analysis: Lessons from the UK’s fastest growing retailers
Zolfo Cooper’s report on the UK’s 10 fastest growing retailers reveals lessons for the rest of the industry.
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Analysis
Sunday Times Rich List: The top 10 discounters in focus
Value retailers made their mark on the Sunday Times Rich List this year, led by the Galen and George Weston family behind Primark. Retail Week takes a look at how the discounters fared.
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News
Get more for your pennies at Poundworld
Of all the retailers expected to have a half-price Sale this January, Poundworld was not one of them.
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Analysis
Profile: Chris Edwards, co-founder, Poundworld
The co-founder and co-managing director of Poundworld is driving rapid growth and rocketing sales at the family business.
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News
Poundworld profits tumble as it invests in stores
Value retailer Poundworld’s pre-tax profit slumped 28% to £2.8m last year as as it invested in new stores and distribution.
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Opinion
The 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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News
Poundworld launches wholesale website
Poundworld has launched a wholesale website to cater for small retailers in what it believes is an “untapped” market.