Latest discounter news – Page 111
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Media bites: FTSE 100, Lidl, Seabrooks, Carrefour
The FTSE 100 setting another record high yesterday is well covered by the papers today, but HSBC has warned that the good times may not last
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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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Spanish discounter Dia eyes UK expansion via joint venture
Spanish discounter Dia is eyeing the UK – and could emulate Sainsbury’s deal with Netto by teaming up with a UK retailer…
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Fairtrade CEO criticises discounters' approach to Fairtrade
Aldi and Lidl need to increase their commitment to the Fairtrade Foundation if farmers in the developing world are to avoid falling casualty to the UK price war
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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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Farmfoods apologises to customers for card payment problems
Farmfoods customers were unable to pay by card in any of the retailer’s stores last weekend…
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Iceland launches new Slimming World meal range
The ten meals included in the range are based on the slimming organisation’s Food Optimising eating plan
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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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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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Bibby Distribution recruited to run Netto logistics
Bibby Distribution has been revealed as the distribution provider for Netto…
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Poundland agrees £55m deal to buy 99p Stores
Poundland has announced it is to buy rival fixed-price discounter 99p Stores this morning in a deal worth £55m.
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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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Lidl starts building Europe's largest ever distribution centre
The Spanish centre will create 275 jobs and is due to open in 2016
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Iceland ends relationship with media buying partner Mediacom North
Company appoints UK’s largest independent media agency to lead marketing push across all channels
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H&A introducing Big Hero 6 licensed toiletries to Poundland
Licensed toiletries specialist H&A is bringing products inspired by Disney comedy action movie Big Hero 6 to Poundland…
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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…
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Aldi slammed for stocking energy drinks in new 'health lanes'
Aldi has been lambasted by health campaigners for stocking high-sugar energy drinks in its new ‘health lanes’…
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Aldi and Lidl expansion plans swelled by old factory sites
We know its sales are growing, but last week Aldi revealed plans for its biggest ever store…
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Delayed 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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Aldi and Lidl are biggest winners as Tesco cancels new stores
Tesco’s decision to pull the plug on 49 of its proposed new stores looks set to hand discounters Aldi and Lidl…