All Value articles – Page 12
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News
Wilko in talks to secure £30m emergency loan
Wilko is on the hunt for a £30m cash injection as crippling cost pressures intensify in the run-up to Christmas.
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News
Wilko sells £48m distribution centre as it battles to shore up balance sheet
Wilko has completed the sale and leaseback of one of its distribution centres as it struggles to shore up its balance sheet after a bruising trading period.
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News
B&M reports 'good' golden quarter trading after profits fall
Value giant B&M has reported a “good” start to the Christmas season’s trading and a decline in first-half earnings.
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News
One in three store staff face abuse every week, new report finds
One in every three shop workers are the victims of physical or verbal abuse from shoppers every week, according to the shocking findings of a new report.
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News
Retail sales slump below pre-Covid levels in September
Retail sales volumes slumped to below pre-Covid levels in September as sluggish consumer confidence and store closures during the Queen’s funeral impacted performance.
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News
Analysis: How should retailers approach a cost-of-living Black Friday?
These are dark times for Black Friday. With the threat of a recession growing with every government U-turn and consumer confidence plumbing historic lows, retailers are facing the event – and the crucial golden quarter – firmly on the back foot
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News
Exclusive: Wilko drafts in advisers as it eyes further cost-cutting measures
Wilko has drafted in advisory experts Teneo as it seeks to cut costs across the business in the face of the cost-of-living crisis.
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News
Discounter Pepco targets new store openings as customers fly to value
Poundland owner Pepco has said it will accelerate its new store opening programme as demand for its offering increases amid global economic uncertainty.
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Interview
Interview: Poundland’s Barry Williams on Christmas, cost of living and gunning for the grocers
Retail Week sits down with Poundland boss Barry Williams to discuss the challenges and opportunities presented by the cost-of-living crisis, the retailer’s growing focus on new categories and building a profitable online business from a standing start
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News
Wilko moves to monthly rent payments to manage cash flow
Wilko has shifted to monthly rental payments in a bid to conserve cash heading into the crucial golden quarter.
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Analysis
Analysis: Five things you need to know about value giant Poundland
Despite rolling out a multi-price strategy, Poundland is leaning back into its eponymous £1 price point as the cost-of-living crisis mounts for customers. But how is the retailer equipped to handle declining consumer spend and confidence as a recession looms?
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News
Very launches new Everyday value range as cost of living mounts
Very has launched a value own-brand range to help shoppers combat the growing cost of living crisis.
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Opinion
‘As Britain burns, it’s time for retailers to turn up the heat on the climate crisis’
Record-breaking temperatures and wildfires in suburbia this week must prove the catalyst for retailers to genuinely prioritise the planet over profit, writes Retail Week editor Luke Tugby
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Analysis
Deep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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News
Poundland owner Pepco’s sales soar as it increases store expansion plans
Pepco has upped its store expansion goals for the year to drive further growth.
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Analysis
Analysis: Five things you need to know about value giant B&M
Value giant B&M has reported a group revenue fall of 2.2% in its latest quarter, but there was also ”an improving trend” over the period.
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News
Poundland parent’s sales and profits rise as UK shoppers rein in ‘essential’ spending
Poundland owner Pepco Group has said UK shoppers are “scaling back even on essential purchases” amid the cost-of-living crunch.
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News
Ex-Asos boss Nick Beighton joins Secret Sales
Former Asos chief executive Nick Beighton is set to become chair of discount fashion platform Secret Sales.
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News
Wilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
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Analysis
Analysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.