All Poundland articles – Page 10
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News
Media Bites 2 Sep: Poundland, UK manufacturing, contactless payments
On a quiet day for grocery news, the major story is yesterday’s announcement by Poundland that it is launching an online service.
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Comment & Opinion
Will Poundland’s website prove worth the wait?
So Poundland has finally launched online. And no one could accuse it of rushing things. It started building its website in 2011, but it’s been stuck in development hell since. It came close to launching in 2013 and 2014, but CEO Jim McCarthy demanded further improvements. Today it went live, ...
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News
Poundland launches online trial
Poundland has announced the launch of an online retail offer in the UK.
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News
Poundland's Jim McCarthy undeterred by CMA wait
Poundland’s ambition to pursue more deals has not been diminished by four months of in-depth scrutiny…
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News
Poundland shares soar on approval of 99p Stores merger
Shares in Poundland have jumped 5.5% this morning as investors reacted positively to news that its £55m acquisition of rival 99p Stores can now go ahead.
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News
CMA clears Poundland/99p Stores deal: What the analysts say
Reaction to this morning’s CMA approval of Poundland’s long-expected acquisition of 99p Stores
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News
Simon Twigger lands new role as Poundland trading director
Poundland has snapped up Simon Twigger, the former boss of Sainsbury’s convenience stores. Twigger, who has been on gardening leave from Sainsbury’s for the past few months, will join the single price discounter as trading director in September. He left Sainsbury’s in the wake of the group’s ...
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News
Poundland shares sink despite £1bn breakthrough
Shares in Poundland sank more than 6% this morning despite sales at the discount retailer breaking the £1bn barrier for the first time.
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News
Poundland shares fall to all-time low after house broker downgrade
Shares in Poundland have fallen today to their lowest price since the discount chain floated in March 2014 on the back of a downgrade from its house broker.
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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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News
Poundland 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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News
Media 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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News
Hussein 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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News
Poundland 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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News
Morrisons 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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News
Warburg 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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News
Poundland 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 & Features
99p 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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News
City 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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News
Poundland 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…