All Value articles – Page 6
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NewsWilko chair blames retailer’s collapse on Truss mini-budget
Former Wilko chair Lisa Wilkinson has laid out the issues that led to the collapse of the retailer, including pointing to former prime minister Liz Truss’ mini-budget for driving up interest rates.
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NewsPoundland to open more former Wilko stores before Christmas
Poundland has confirmed it will open seven more former Wilko stores before Christmas, taking the total number of Wilko-to-Poundland stores to 63.
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NewsFormer Wilko owner and bosses to face MPs over collapse
Wilko bosses, which includes former owner Lisa Wilkinson, will be called in front of a parliamentary committee after the chain collapsed in August.
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NewsPoundland launches first-ever Black Friday event
Poundland has opened its first Black Friday event, with deals available both online and in stores.
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NewsPoundland yet to reach deal with 15 Wilko store landlords
Poundland has not yet reached an agreement with the landlords of more than 15 former Wilko sites, which it had intended to reopen under its own brand.
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NewsThe Range warns on outlook as sales slip
The Range has reported a decrease in sales and warned of a “severe but plausible downside” that could impact future sales.
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NewsThe Works drops profit guidance by £4m
The Works has dropped its profit guidance by £4m as it anticipates taking a hit on prices to remain competitive in the eyes of bargain-hunting shoppers.
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NewsB&M raises profit outlook
B&M has upped its profit guidance for FY24, but said forecasting has been difficult against a volatile backdrop.
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VideoWatch: The Works launches first-ever Christmas TV ad
The Works has launched its first Christmas brand campaign including its first Christmas TV ad.
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NewsPoundland expands Pepco fashion offering
Poundland has completed its rollout of new clothing ranges by parent company Pepco Group to 560 stores across the UK and Ireland.
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NewsWilko confirms opening dates and locations for first three concept stores
Wilko has revealed the opening dates and locations for its first three concept stores, due to open before Christmas.
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AnalysisThe Range: The value variety chain bringing back Wilko
With news emerging that five Wilko stores will be brought back to high streets and retail parks by new owner The Range, Retail Week explores what the value variety retailer has been doing to cement its place as a staple in UK retail
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NewsMiniso sets date for Oxford Street flagship store
Chinese lifestyle retailer Miniso opens its flagship UK store on London’s Oxford Street on November 10.
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NewsWilko returns to the high street as The Range owner plans ‘aggressive’ store rollout
Wilko shops on high streets and retail parks are to be opened by the brand’s new owner with the first five branches trading in time for Christmas, Retail Week can reveal.
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NewsPoundland to open 75 stores in three months
Poundland is aiming to open or relocate 75 stores by the end of December.
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NewsPepco Group to open 400 new stores
Discount retailer and Poundland parent company Pepco Group have revealed their focus areas as part of its refocused strategy including the opening of 400 net new stores across the 2024 financial year.
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NewsWilko website resumes trading under new owner The Range
The website wilko.com has restarted its home delivery for online orders under its new owner The Range.
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NewsPoundland owner Pepco Group posts record growth
Pepco Group has posted record full-year sales growth but said performance was “mixed” against a challenging backdrop.
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AnalysisStrategy spotlight: Five ways The Works’ elevation strategy will win consumer spend
The Works is on a mission to change its legacy perception as a “pile it high, sell it cheap” discounter. As its “better, not just bigger” refocused strategy accelerates, the retailer topped Retail Week’s fastest-growing value ranking for 2021/22. We explore its five key drivers to profitability as consumer confidence lifts.
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AnalysisWho are the new arrivals diversifying UK retail destinations?
Retail has undergone huge changes since the pandemic, which saw many shops shut their doors for good.
