Poundland news and analysis – Page 19
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Comment & OpinionEditor's Comment: VAT rise will hurt round-pound deals and single-price retailers
I often wonder at the micro-price management we see in this industry. It’s not just the cavalcade of constantly changing promotions: if you study, week in week out, the prices in our weekly Grocer 33 survey, you regularly see price changes of…
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NewsCirencester store is number 300 for Poundland
Poundland has hit another major landmark in its development after the single-price retailer opened its 300th store.
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In for a pound: an interview with Jim McCarthy
They’re cheap, but Poundland CEO Jim McCarthy’s new stores are cheerfully paying dividends. Peter Cripps reports
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Poundland set to launch loaves - if wheat prices will fit £1 game
Poundland plans to add branded loaves to its growing number of grocery products but is waiting to see how wheat market turmoil will affect prices.
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NewsPoundland sold to new private equity owners
Poundland owner Advent International has sold the discount retailer to fellow private equity group Warburg Pincus for an estimated £200m.
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NewsPoundland becomes Euroland in Northern Ireland currency move
Poundland stores in Northern Ireland are to accept euros as the single-price retailer bids to cash in on the flow of shoppers north from the Republic of Ireland.
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Fifty bagged sweets join Poundland mix
Poundland has launched a new range of own-label bagged confectionery under the brand Sweet Heaven!The 50-line range which includes dolly mixture, marshmallows and mint humbugs has already been trialled in selected stores and is...
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Poundland heads into Northern Ireland with first store in Belfast
Poundland is to open its first store in Northern Ireland next month, with five more to follow by Christmas.The first site, in Belfast, is expected to be open by 8 October, said CEO Jim McCarthy."We are very excited about...
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Recession the catalyst for Poundland growth
Poundland is set to treble the number of stores it owns over the next few years and could eventually have as many as 650 outlets in the UK.The single-price retailer currently has 218 stores and plans to open at least 40 more this financial...
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Poundland's £1 sandwich offer set to be rolled out to 150 stores
Poundland is aiming to grab a bigger share of the growing food-to-go market as it prepares to roll out a range of £1 sandwiches to 150 of its stores. A range of eight sandwiches, trialled at three stores for about a year, is currently being extended...
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Somerfield's Monk leaves for Poundland
Andy Monk has become the first Somerfield director to leave the chain ahead of an expected management shake-up when it officially becomes part of The Co-operative Group next week.Monk, who was director of distribution operations, has...
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NewsPoundland takes on mults with staples
Poundland has undercut the multiples with a deal to sell 1.5kg of Whitworths granulated sugar for £1. The average price of a kilo of own-label sugar in the multiples is currently 93p, according to Grocer 33 data for 17...
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Poundland, Lidl unveil ’09 growth plans
Budget retailer Poundland has announced plans to open a raft of new stores in 2009 despite the prospect of a drawn-out recession.
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Poundland picks up the pace
Poundland is on course to open 30 new stores this financial year as the value retailer reaps the benefits of the economic downturn. This week Poundland opened new stores in Bangor, north Wales, and Hammersmith, west London. The additions take...
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"The collapse of Kwik Save leaves a lot of questions in its wake. Not least, was it trading insolvently?"
Is that it, thent for Kwik Save? A once-great discount store, a pioneer in convenience, "reduced", in the words of Withnail, "to the status of a bum". As M&S and Poundland (see p5) joined the queue expressing an interest in the 32 stores...
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Poundland plans major expansion
Discounter Poundland is set to embark on an aggressive expansion programme, with plans to sell more top grocery brands and - for the first time - healthy foods.The nationwide chain, which is headed by ex-Sainsbury's Convenience boss Jim...
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McCarthy quits JS for top job at Poundland
Jim McCarthy, managing director of convenience at Sainsbury, is leaving the group in September to take up the role of chief executive officer of discount retailer Poundland. McCarthy was appointed to Sainsbury's operating board in June...
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McCarthy quits JS for top job at Poundland
Jim McCarthy, managing director of convenience at Sainsbury, is leaving the group in September to take up the role of chief executive officer of discount retailer Poundland.McCarthy was appointed to Sainsbury's operating board in...
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News
McCarthy quits JS for top job at Poundland
Jim McCarthy, managing director of convenience at Sainsbury, is leaving the group in September to take up the role of chief executive officer of discount retailer Poundland.McCarthy was appointed to Sainsbury's operating board in...