All Value articles – Page 14
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News
Russia’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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News
Poundland 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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News
Studio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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News
B&M awards staff bonuses after strong golden quarter
B&M Bargains has registered a strong uplift in revenues during the festive period as more consumers sought value for Christmas.
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Analysis
Data: Can social media predict this year’s Christmas winners?
With Christmas imminent and swathes of the UK’s most populous areas effectively back in lockdown, can social media engagement help predict who will still prevail in this coming festive period?
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News
Poundland 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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News
Primark boss: Practical approach to Covid constraints has spurred stores’ success
Primark’s strong shopkeeping skills helped draw customers to its stores despite the tough conditions afflicting many retail locations following the coronavirus outbreak.
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News
Studio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
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News
Primark commits to payment for outstanding orders
Primark has announced that it will pay its suppliers in full for any outstanding finished garments and fabric costs incurred since its stores closed in March.
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News
Primark launches clothing recycling programme
Primark has established an in-store recycling scheme to help curb the impact of textile waste on the environment.
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Analysis
Goodbye Piccadilly, farewell Leicester Square: Where are retail’s new property hotspots?
People are travelling less, working from home more and less inclined to congregate in busy public spaces – will this change where retailers want to open stores?
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News
Poundland 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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News
Wilko bolsters board with new finance boss
Wilko has appointed former Specsavers finance director Karen Mackay as its new chief financial officer, Retail Week can reveal.
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News
Studio Retail Group sales soar in lockdown
Value group Studio Retail has recorded a 55% sales increase year on year in the 11 weeks since April 23.
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Opinion
Opinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
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News
Struggling Poundstretcher launches CVA
Variety discount retailer Poundstretcher has launched a company voluntary arrangement to help restructure its struggling business and appointed KPMG to help drive the turnaround.
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Analysis
Analysis: 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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Analysis
Analysis: Can Primark afford not to sell online?
Primark parent company ABF’s financial director John Bason told Retail Week this week that going online was still “not a priority” and Primark would be as relevant as ever to shoppers through its reopened bricks-and-mortar stores.
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News
Primark: Online ‘not a priority’ as it prepares for stores reopening
Primark will not prioritise the creation of a transactional online business despite the rise of ecommerce during the Covid-19 pandemic.
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Video
Face 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”.