All Value articles – Page 19
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News
Poundland ‘naughty elf’ campaign banned by regulator
Poundland’s risqué Christmas ad campaign must not appear on social media sites in its current form, the Advertising Standards Authority (ASA) has ruled.
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News
Move of the week: Two senior executives quit Pep&Co
It emerged this week that two of Pep&Co’s most senior executives have handed in their notice and will leave the retailer in May.
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News
Poundland hunted by private equity as Bond eyes buyout
Poundland is being circled by a host of private equity firms amid boss Andy Bond mulling a potential management buyout.
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Opinion
Opinion: Did the blockbuster Christmas ads work?
Love or hate them, Christmas ads are the UK’s Super Bowl commercial. And big bucks are involved, too.
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News
Poundland ramps up fashion with 150 Pep&Co openings
Poundland is making a major play for the value fashion market by opening more than 150 Pep&Co shop-in-shops in its stores over the next year.
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Analysis
Infographic: Christmas results and X-rated elves
Words and numbers, January 12, 2018: Theo Paphitis on the state of retail, Mothercare’s sales slump, good news for Next and Poundland’s naughty ads
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Analysis
Bensons' Machin: Firefighting amid the Steinhoff blaze
When Stuart Machin took the top job at Steinhoff-owned Bensons for Beds and Harveys last August, he knew he had his work cut out.
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News
Steinhoff loses another executive as finance boss exits
Steinhoff’s finance boss has become the latest executive to step down from the embattled business in the wake of its accounting scandal.
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News
Poundland parent: Financial ties to Steinhoff ‘severed’
Poundland parent company Pepkor Europe’s chief operating officer Sean Cardinaal said the subsidiary has financially “severed any kind of alliance” with Steinhoff through a newly secured £180m loan.
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News
Poundland’s X-rated Elf tweets to be probed by ASA
The Advertising Standards Agency (ASA) has launched an investigation into Poundland’s lewd ‘Elf on the Shelf’ Twitter campaign.
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News
Poundland owner Steinhoff downgraded amid debt concerns
Poundland owner Steinhoff has been rocked by another downgrade by credit ratings agency Moody’s amid fears the conglomerate may struggle to “sustain its European operations”.
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News
Creditors abandon Steinhoff as crisis deepens
Steinhoff International— the parent company of Poundland, Harvey’s and Bensons for Beds in the UK — has started to lose credit lines from lenders as it grapples with an accounting scandal.
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News
Steinhoff-owned Bensons and Harvey's credit insurance cut
Bensons for Beds and Harvey’s credit cover has been cut in the wake of parent company Steinhoff’s accounting scandal, Retail Week can reveal.
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News
Poundland seeks to reassure staff as Steinhoff reels
Poundland has sent a statement to its employees insisting that despite its credit cover being downgraded it expects “no impact on the business in terms of supply”.
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News
Poundland credit cover reduced amid Steinhoff crisis
Poundland’s trade cover has reportedly been reduced by credit insurer Atradius in the wake of parent company Steinhoff’s accounting scandal.
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News
Steinhoff chairman Wiese quits amid accounting scandal
Steinhoff chairman Christo Wiese has stepped down from the role in the wake of the group’s accounting scandal.
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News
Steinhoff 2016 results to be restated, deemed unreliable
Steinhoff has said that its 2016 financial results need to be restated as the original release can “no longer be relied upon”.
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Video
The Retail Week: Can Poundland owner Steinhoff survive?
The Retail Week team discuss Steinhoff’s accounting scandal and ask, can the owner of Poundland survive?
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Analysis
What Steinhoff's troubles mean for its UK businesses
Over the last two days, South African retail giant Steinhoff’s share price has tanked 75% and chief executive Markus Jooste has resigned.
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News
Steinhoff shares crash 75% after accounting probe
Steinhoff has had around three-quarters of its market value wiped out in just 48 hours after launching a probe into accounting irregularities.