All Steinhoff articles – Page 3
-
News
Poundland eyes sale of up to 80 stores
Poundland is looking to sell up to 80 stores just over two months after it was acquired by South African retail giant Steinhoff.
-
News
Kevin O’Byrne moves to become Sainsbury's finance boss
Kevin O’Byrne has only been in the Poundland hotseat for six months, but he’s made the right choice to become Sainsbury’s new chief financial officer.
-
News
Today in retail: Sainsbury's and The Donald in the news
The world has spent the day talking about Donald Trump and so have retailers mulling over the implications of his election as US president.
-
News
Steinhoff seals £610m capture of Poundland after court approval
South African retail giant Steinhoff has completed its £610m capture of value retailer Poundland, two months after a deal was first agreed.
-
News
Debenhams to take BHS sites in Gibraltar and launch stores in Australia
Debenhams has unveiled plans to open stores in Australia and occupy former BHS sites in Gibraltar as it moves to grow its global footprint.
-
News
Breakfast briefing: Retail news on Steinhoff and Sports Direct
Retail news round-up: Steinhoff reports steady growth with unaudited revenue growth of 33% to £11.04bn and Mike Ashley blames unions and MPs
-
News
Steinhoff's purchase of Poundland gets the go-ahead from shareholders
Poundland shareholders voted in favour of Steinhoff’s acquisition of the value retailer, giving the go-ahead to a deal worth more than £610m.
-
News
Steinhoff profits jump but fears over Brexit impact on UK business
Steinhoff has recorded increased profits and sales but warned that the value of the pound could have “an adverse effect on future margin”.
-
Opinion
Opinion: Dollar Shave Club deal shows shape of retail to come
This holiday period is often called the ’silly season’. But recent deals show that making M&A hay in the summertime can be anything but silly.
-
News
Poundland accepts increased takeover offer from Steinhoff
Value retailer Poundland has agreed to a higher takeover offer of £610.4m from South African retail suitor Steinhoff.
-
Analysis
Infographic: How Mattress Firm and Poundland fit into Steinhoff's jigsaw
Steinhoff has agreed to buy America’s biggest bedding retailer Mattress Firm and is on the verge of bringing value operator Poundland under its umbrella.
-
News
Steinhoff to buy America's biggest bedding retailer Mattress Firm
South African retail giant Steinhoff has agreed to acquire America’s biggest bedding retailer, adding 3,500 stores to its worldwide network.
-
Analysis
Analysis: Where Poundland fits in the Steinhoff big picture
Steinhoff has rarely been out of the retail headlines this year yet surprisingly little is known of the South African retail giant.
-
News
Steinhoff faces pressure to up offer for Poundland as investor grows stake
Steinhoff could be forced to increase its offer for Poundland after rival shareholder Elliott Advisors upped its stake to 13.2%.
-
Video
The Retail Week: Theresa May, Steinhoff's Poundland bid and SuperGroup
The Retail Week team discuss how the Cabinet reshuffle will affect the industry, what’s in store for Poundland and SuperGroup’s sales leap.
-
Analysis
Analysis: How will Steinhoff's Poundland swoop play out in the sector?
South African retail giant Steinhoff looks to have finally secured a major European target this year with its swoop for Poundland set to go ahead.
-
News
Poundland chairman talks up growth opportunities under new owner Steinhoff
Poundland’s chairman has said he believes its staff should be “pleased” with Steinhoff’s takeover as it offers growth opportunities.
-
News
Poundland board recommends Steinhoff offer as £597m takeover nears
Poundland and Steinhoff have agreed terms on a recommended cash offer for the value retailer as a £597m takeover nears completion.
-
News
Steinhoff ups stake in Poundland despite Brexit fears over bid
Steinhoff has upped its stake in Poundland despite rethinking a takeover bid in light of Brexit and the value retailer’s recent financial performance.
-
News
Steinhoff considers position after Poundland rejects offer
Poundland has rejected a takeover offer from Steinhoff, dealing a potential blow to the South African retailer’s expansion ambitions.