Archive of all Poundland articles
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News
Barry Williams returns to Poundland to address crisis
It is understood he has returned in a supervisory role on an interim basis to run a comprehensive assessment of Poundland
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News
Poundland owner reportedly appoints City advisers to explore options
Pepco Group is said to have engaged AlixPartners to explore options for arresting Poundland’s sales slump
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News
City snapshot: Bakkavor and Deliveroo look strong while Poundland woes go on
Bakkavor grew revenue by 4% last year despite strike disruption. Also, Deliveroo see “encouraging signs” from its souped up loyalty scheme while Poundland’s struggles continue.
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Comment & Opinion
Poundland’s theft clampdown was hinted at in its results. What else is on the way?
Along with need to tackle crime and stem shrinkage, Poundland’s annual results pointed to fundamental changes in the discounter’s strategy
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News
Poundland making ‘biggest-ever investment’ in tackling retail crime
The clampdown includes equipping stores with new technology and giving security teams the backing to detain suspects
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News
Poundland appoints CJ Antal-Smith as commercial director
Antal-Smith replaces Tim Bettley, who has moved on from the business after six years
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News
Poundland 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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News
Poundland 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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News
Poundland 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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News
Poundland 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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News
City 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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News
Poundland 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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News
Poundland 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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News
NIQ 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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News
Poundland 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 & Features
As 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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News
City 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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News
Poundland 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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News
Poundland 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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News
Poundland gets Anthea Turner to showcase new homeware range
Turner showcased a new range sourced at group level via Poundland parent Pepco