All Value articles – Page 35
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NewsBreakfast briefing: Retail news on Bathstore, JD Sports, Poundland and House of Fraser
Retail news round-up on January 24, 2014: Bathstore owner explores sale of business, JD Sports to open menswear fascia, City welcomes IPOs and House of Fraser ends Galeries Lafayette talks.
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NewsCity opens door to retail IPOs as Poundland and Pets at Home head the queue
The City has given the green light to retail IPOs after poring over the industry’s Christmas performance.
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OpinionBlog: What The Great British Bake Off tells us about Poundland
Poundland’s sales growth of more than 12% in the third quarter was impressive enough. But some of the eye-catching numbers show, to an even greater extent, how Poundland has widened its appeal and how the retail landscape is changing.
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OpinionComment: 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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NewsPoundland reveals record Christmas driven by its broader customer appeal
Poundland has driven up sales to reveal a “record” Christmas partly driven by the broadening appeal of the value retailer’s offer as it served more customers than ever before.
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AnalysisIn 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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OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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NewsPoundworld 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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AnalysisAt a glance: Dutch value retailer Hema
As Dutch retailer Hema reveals plans to enter the UK market, Retail Week lifts the lid on the value chain.
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NewsDutch 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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NewsAsda launches price-cutting campaign to rival discounters
Asda has started its biggest-ever discounting campaign with a pledge to cut £50m from the cost of essential food items in the first three months of the year as it aims to make rivals including pound shops and Aldi “look expensive”.
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NewsPoundstretcher slips to £3.7m loss as value battle intensifies
Poundstretcher slipped into the red last year after battling fierce competition among the value players and investing in a refit programme.
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AnalysisIn quotes: Retail leaders on Christmas trading
Retailers are expecting Christmas sales to go to the wire with just a few days trading to go. Retail Week speaks to retail leaders on festive spending.
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NewsRetailers pray for Christmas miracle over final four days
Retailers face a nail-biting Christmas as festive trading goes right to the wire. They hope for a last-minute surge of shoppers, kicked off by payday tomorrow (Friday December 20).
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NewsAnalysis: Dollar General is winning the US value retail battle
Dollar General is surely the envy of Walmart and Target right now. For the 13 weeks ended November 1 the value retailer reported like-for-like sales increased 4.4%, and total sales rose 10.5% to $4.38bn (£2.66bn).
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OpinionComment: McColl’s must highlight its USP in competitive market
Convenience store specialist McColl’s has joined retailers including Ao.com, Poundland and Pets at Home with its ambition to float on the stock market.
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NewsPoundland opens 500th store as expansion continues
Value retailer Poundland has opened its 500th store in Birmingham today as its expansion continues.
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OpinionComment: Occa aims to emulate Asos
While big retailers that are likely to attract big valuations rush to market, there’s action at the other end of the scale too.
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News99p 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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NewsConvenience store giant McColl's eyes float
Convenience store giant McColl’s is the latest retailer to eye a float on the stock market, Retail Week has learned.