Poundland news and analysis – Page 4
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NewsPoundland hikes number of products at £1 or less from 1,500 to 2,400
It means nearly half of the total core range of 5,000 products is now £1 or less
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NewsPoundland returns to £1 price point roots in a bid to get trading ‘back on track’
The retailer has filed a trademark application for ‘Home of the £1’ and is using the slogan in a new campaign
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NewsPoundland owner suffers net €662m loss, citing UK discount chain’s ‘weak performance’
Poundland’s like-for-like sales were down 3.6% in the latest set of dismal results for the brand
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NewsPoundland must ‘rethink its range strategy’ after latest trading update
Owner Pepco said Poundland trading had largely followed the trend of previous updates, in which it posted a drop in like-for-like sales
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NewsCity snapshot: Morrisons agrees £331m property deal on 76 supermarkets
Morrisons has signed a £331m deal to release value from its portfolio of stores as the supermarket continues with a turnaround attempt under new CEO Rami Baitieh. Plus, Asda launches new sustainability-linked enhancement to its supply chain finance scheme, trading updates from Poundland owner Pepco and Diageo, and interims from Adnams
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NewsPoundland draws ire of plastic campaigners with ‘collectable’ bags for life
The bags are one of Poundland’s bestselling lines, with 91 bought per minute, according to the retailer
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NewsPoundland cuts head office jobs after sales decline
About 60 jobs are believed to have entered a consultancy process across supply chain, finance, IT and property
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NewsNIQ Grocery Multiple sales data to include Aldi, Lidl, Poundland, Amazon and Farmfoods
The five join Tesco, Sainsbury’s, Asda, Morrisons, Co-op, Waitrose, M&S, Iceland, Ocado, Boots, Superdrug and Booths
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NewsPoundland to give away £1,000 a day for 30 days
Poundland’s computer systems will randomly select winners from shoppers using staffed checkouts at any of its 750 UK stores – with the cash prize given out instantly
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Analysis & FeaturesAs inflation recedes, has the tide turned on discounter growth?
New figures show Aldi is now in negative growth, and variety discounters that once were riding high are also going backwards
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NewsCity snapshot: Poundland like-for-like sales decline on supply chain issues
Poundland owner Pepco Group has posted a drop in like-for-like sales in its third quarter, amid a sharp drop in organic sales at Poundland
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NewsPoundland extends loyalty app to Scotland
Poundland is planning a UK rollout later this year, having already piloted the app in Northern Ireland and the Isle of Wight
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NewsPoundland appoints Alan Smallman as UK&I retail director
Smallman was previously Poundland’s director of property services, a role which has now been integrated into the remit of property director Ben Wall
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NewsPoundland gets Anthea Turner to showcase new homeware range
Turner showcased a new range sourced at group level via Poundland parent Pepco
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NewsPoundland first half performance ‘behind expectations’
The variety discounter’s like for like sales were down by 0.7% in the six months ended 31 March, according to a trading update from parent Pepco Group
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NewsPoundland aiming for 50% operational carbon reduction by end of 2024
The variety discounter wants to ‘lead the value retail sector on the transition to a low carbon economy’
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Analysis & FeaturesSpotted in stores: what’s new for April 2024
Each month, we highlight new and interesting products, displays and features our team has snapped in the leading grocers
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NewsPoundland closes nine former Wilko stores
A Poundland spokesman said affected staff had been offered roles at nearby stores in all cases
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NewsPoundland owner Pepco appoints Stephan Borchert as CEO
It comes as Andy Bond prepares to switch from executive chair to a non-executive chair role
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NewsPoundland to play up latest ranges in new TV ad campaign
Poundland wants shoppers who may not have visited in a while to come and see how much it has evolved