Poundland news and analysis – Page 15
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News
Poundland to push ahead with 99p Stores takeover
Poundland has decided to press on with its attempt to acquire rival discount chain 99p Stores and go to a more in-depth investigation process by the UK’s Competition and Markets Authority.
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NewsPoundland sticks to its guns forcing in-depth CMA investigation of 99p deal
Poundland £55m acquisition of rival discounter 99p Stores will face in-depth scrutiny from the Competition and Markets Authority after the group decided not to allay the watchdog’s monopoly fears.
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NewsMedia bites 15 April: Poundland, CPI inflation, Phones4u
Most of the papers remark upon Poundland breaking through the £1bn sales barrier yesterday.
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NewsHussein Lalani plans new venture as CMA probes Poundland deal
After Poundland take-over, Hussein Lalani will either launch an online channel for 99p Stores, or expand the brand to Tanzania
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NewsPoundland found guilty of misleading consumers
Dispute centres around claim of “Everything for £1”, upheld after 3 complaints some items cost over £1
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NewsMorrisons chairman Andrew Higginson to advise Poundland owner on retail investments
Morrisons chairman Andrew Higginson has added a new role to his list of responsibilities after joining the private equity owner of Poundland as a senior advisor.
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NewsWarburg Pincus nets £142m from Poundland shares sale
The majority shareholder of Poundland has netted £142m from the sale of almost half its remaining stake…
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NewsPoundland share price slips as largest shareholder sells 14% stake for £142m
Poundland’s majority shareholder Warburg Pincus has netted £142m from the sale of almost half its remaining stake in the discount chain.
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Analysis & Features99p Stores deal is a "step change" for Poundland store opening programme
Poundland’s shares soar on news of 99p Stores takeover - pushing market cap past £1bn - but what opportunities does CEO Jim McCarthy think a combination brings?
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NewsCity snapshot: Poundland to swallow up rival fixed price discounter 99p Stores for £55m
Poundland agrees to £55m takeover of rival discounter 99p Stores. Plus a profit warning from Tate & Lyle sends shares spiralling - and the latest movements from the rest of stock market.
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NewsPoundland unfazed by shopper income surge
Consumers have more money but Poundland CEO Jim McCarthy is confident they will continue to flock to his chain regardless…
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NewsDelayed store openings take the shine off Poundland's record Christmas
More than seven million customers were served at Poundland in the peak Christmas trading week helping the discount chain to a record festive period.
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NewsPoundland on the expansion trail after 15% first half sales growth
Poundland has has given a further indication of the enduring strength of the discount sector with a strong set of half-year results.
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NewsPoundland names two new non-exec directors
Poundland has named former McBride chief executive Miles Roberts as non-executive director and senior independent director.
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NewsMorrisons agrees deal with Rieves Lotteries for scratchcard rollout
Retail charity scratchcard specialist Rieves Lotteries has secured a new partnership with Morrisons to roll out cards for the retailer’s chosen charity Sue Ryder in 500 stores.
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NewsPoundland stocks H&A Nightmare Before Christmas lines
Licensed toiletries specialist H&A is launching Nightmare Before Christmas products exclusively in Poundland for Halloween…
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InterviewsJane Asher talks to The Grocer about her hit bakeware range
Actress and cake maker Jane Asher talks to The Grocer about her hit bakeware range for Poundland…
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News
Poundland execs decide against bonuses despite successful year
Poundland executives have elected to receive no bonus despite a year of double-digit sales growth and a landmark IPO…
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Analysis & FeaturesDoes hurricane Higginson signal a wind of change at Morrisons?
Yesterday a who’s who of retail veterans was paraded in the press as potential replacements for Sir Ian Gibson as the next Morrisons chairman.
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NewsPoundland names Darren Shapland chairman
Poundland has appointed Darren Shapland its new chairman, following Andrew Higginson’s departure to Morrisons.