Monday, December 11, 2017
Steinhoff CEO

Steinhoff shares plunge 66% as CEO quits amid accounting scandal

Steinhoff has seen its shares plummet 66 per cent as its CEO resigned with immediate effect amid an accounting scandal.
Poundland mattress

Poundland unveils new mattress range for £79

Poundland has dramatically diversified its product offering by launching a new range of mattresses.
Sir Terry Leahy

Sir Terry Leahy quits B&M as profits jump 20%

Former Tesco boss and retail veteran Sir Terry Leahy has announced his departure from the role as chairman of the discount store chain B&M, as it reveals strong financial results.
Wilko staff

Wilko to make 1000 jobs redundant

Wilko is poised to make 1000 jobs redundant after a consultation period with 3700 staff members.
Poundland sex toy

Poundland looks to penetrate the sex toy market with extension of £1 Nooky toys...

Research conducted by Poundland has found that British people are not as prudish as often suggested, prompting them to extend its range of £1 sex toys.

Primark takes biggest letting in 25 years at Centre:MK

Primark is set to take over the former BHS store at Centre:MK shopping centre in Milton Keynes, marking the largest letting in quarter of a century.
TK Maxx UK

TK Maxx UK profit plummets 19.6%

TK Maxx records fall in profits and a dramatic slowdown in comparable sales due to rising sales and costs arising from expanding the business.

Primark owner boosts profit forecasts after “strong” trading

Discount fashion retailer Primark has boosted its full-year profit forecasts after “particularly strong” trading in the lead-up to Easter.
London designer outlet

London Designer Outlet sees 15th consecutive quarter of growth

London‘s only fashion retail outlet centre London Designer Outlet (LDO) has reported its 15th consecutive year of growth boosted by the school summer holiday.
Work Experience

Poundland accused exploiting work experience staff for free labour

Budget retailer Poundland has been accused of exploiting staff on a government work experience scheme and making them work for free for up to two months.

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