All Poundland articles – Page 3
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NewsPoundland to close stores on Boxing Day as a reward for staff
It’s the second year in a row the variety discounter has given staff extra time off at Christmas, having been among the first retailers to announce the move last year
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Poundland sales and profits tumble after lockdowns hit footfall
Turnover for the year to 27 September 2020 was down 4.5% to £1.48bn, while operating profit plummeted from £26.7m to £8.6m
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Poundland extends online delivery trial across Midlands and Yorkshire
The online service was quietly tested earlier in the year by 18,000 Poundland staff and selected guests
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Poundland offers to pay for drivers to upgrade to HGV 1 licences
The discounter said getting the HGV 1 licence could cost up to £2,000
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Poundland rolling out free-from range to over 300 stores
The range consists of over 30 free-from products, including dairy-free and gluten-free varieties of bread, porridge, cakes and snacks
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Poundland rolling out frozen & chilled to 40 more stores by September
Some larger stores are also getting new trolleys and conveyor belt checkouts in an effort to encourage bigger basket spend, a key aim of Poundland’s transformation strategy
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City snapshot: Store estate expansion drives Pepco profit and sales growth
Newly listed Poundland owner Pepco Group has announced an increase in first half revenues and profits as the addition of new stores mitigated the impact of Covid shop closures and lower footfall in its UK stores.
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Poundland begins selling online in selected postcode areas
Piloted for Poundland staff earlier this year, the service has now been opened up to customers
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Poundland opening first new convenience format Local stores
The Grocer revealed ‘Poundland Local’ was on the way last month
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Poundland launching new arm for all charitable activities
The variety discounter has applied to trademark ‘Poundland Foundation’
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City Snapshot: Pepco offers share at a discount in upcoming €5bn IPO
Poundland owner Pepco is has set its price in the upcoming Polish IPO at a discount, valuing the budget retail chain at $5bn (£4.3bn).
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Poundland soft launches home delivery pilot for staff and guests
Deliveries for staff and “selected guests” have been underway since the end of February, though no announcement was made at the time
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Fultons profits plummeted before Poundland takeover, accounts show
Results reveal how stores were closing and employee numbers shrinking before Poundland stepped in last year
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Poundland planning new formats ‘Poundland Local’ and ‘Poundland Go!’
Poundland Local is to apply to stores in small towns and close to urban neighbourhoods, while Poundland Go! is for a new convenience format near transport hubs
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Poundland to reopen ‘hibernated’ stores and extend grocery range
The stores were temporarily closed in January as high street footfall plummeted under restrictions
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Poundland eyes another €20m saving through further rent talks with landlords
Costs are already down 36% on leases renegotiated in the last two years
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Pepco Group simplifies board ahead of sale or float
The exercise emerged as Pepco Group COO Sean Cardinaal stepped down as a board director of Pepco’s holding company this week
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Poundland slammed over rent arrears
The variety discounter, classed as an essential retailer, is said to have built up months of arrears on some branches
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Poundland sales fell to 60% of normal levels in first lockdown
Across the group, including Pepco and Dealz, sales nevertheless rose 3% to €3.5bn, full-year accounts reveal
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Poundland reports sales growth boosted by new ranges and price points
The growth in the first-quarter to December came despite ’significantly reduced footfall’
