Archive of all Poundland articles
Most recent first...
-
News
Media Bites 18 June: Trump’s tariffs, artificial dyes and Ben & Jerry’s new boss
US retail sales fell by the most in two years in May
-
Comment & Opinion
Poundland is right to ditch frozen food – it is in no position to take on Aldi and Lidl
Turning around Poundland will not be easy, so it shouldn’t be surprising that its plan includes some fairly drastic measures
-
News
Poundland confirms restructure plan, with up to 150 stores to close
Poundland’s frozen and digital distribution centre at Darton, South Yorkshire, is set to close later this year under the plan, followed by its national distribution centre at Springvale in Bilston, West Midlands, in early 2026
-
News
Media Bites 17 June: Trump, Poundland, Oxford Street
UK-US trade deal is ‘done’, Trump said as he met Keir Starmer at the G7 summit
-
News
Poundland owner Pepco completes sale of struggling retailer for nominal sum
Poundland MD Barry Williams will continue to lead the business under the new ownership of the retail-focused investment firm Gordon Brothers
-
News
Poundland sale ‘cast into doubt by unpaid business rates’
Poundland is said to have been hit with a series of court claims over the unpaid tax bills
-
News
Poundland owner readying to stump up tens of millions to secure sale
Pepco Group is expected to contribute an eight-figure sum to finance Poundland’s ongoing operations as part of a deal with Gordon Brothers, it has been reported
-
News
Media Bites 11 June: M&S, imported meat, EG Group, Poundland
The resumption of online orders at M&S receives plenty of coverage in the media. For example the FT notes it will take ‘weeks’ to restore some online services as fashion ranges return
-
News
Poundland eyeing rent cuts in bid to save costs, says report
Poundland last drove through big rent changes during the pandemic, when it cut rent on hundreds of properties by more than a third
-
News
Poundland’s sponsorship of Walsall FC ends after three years
The retailer became Walsall FC’s principal sponsor in July 2022, in a three-year deal that saw the club’s home ground renamed The Poundland Bescot Stadium
-
News
Race to be Poundland’s new owner narrows to Hilco and Gordon Brothers
Modella Capital, which recently acquired WH Smith’s high street stores, has been eliminated from the auction
-
News
Poundland scraps exclusive discounts in loyalty scheme
The Poundland Perks app previously rewarded users with discounts on a selection of up to 100 products
-
News
Poundland cuts profit guidance as sales slump escalates
Efforts to sell the business are still ongoing with a deal expected by the end of September
-
News
Gordon Brothers ‘in pole position’ to acquire Poundland
The former Laura Ashley owner is among private equity firms circling the variety discounter
-
Analysis & Features
Who are the private equity firms in the race to snap up Poundland?
What are the credentials of Endless, Hilco, Modella, Gordon Brothers and Alteri?
-
News
Poundland adds Modella Capital to ‘shortlist’ of potential buyers
Private equity firm Modella, which recenly bought WH Smith’s high street stores for £76m, is said to be among a handful of bidders for Poundland
-
News
Poundland sale edges closer as investors table offers
The sale of high street discounter Poundland is edging closer after a raft of investors and private equity giants tabled offers last week
-
News
Poundland axes a dozen director roles in leadership restructure
Head of digital and loyalty Emma Collins – who led the launch of the Poundland Perks loyalty app – is among those to leave
-
News
Former Wilko chief Mark Jackson made Poundland CFO
Poundland MD Barry Williams is understood to have been keen to bring Mark Jackson on board because of his turnaround experience
-
Analysis & Features
Poundland: who would buy it and what would they do?
As it faces the indignity of a potential £1 sale, Poundland has major ranging problems to solve. What will a future owner need to prioritise?