Tuesday, April 24, 2018
Primark Birmingham

Primark unveils details of its largest ever store in Birmingham

Primark has unveiled details and a CGI impression of its largest ever store that is slated to open in Birmingham in December.

Tofs appoints new finance and operating chiefs

Tofs has announced two major senior hires, with Steve Cooke appointed CFO and Carl Allen appointed COO.
Poundland Pep&Co

Poundland accelerates Pep&Co concession expansion to take on Primark

Poundland is poised to ramp up the rollout of Pep&Co fashion concessions within its existing stores.
Steinhoff update

Steinhoff reveals sales drop in first trading update since accounting scandal

Steinhoff has unveiled its first trading update since an accounting scandal plagued the company throughout December and January.

Primark expected to report mixed interim figures

Discount fashion retailer Primark has revealed mixed financial figures amid its preliminary interim results.
Richard Heis

Steinhoff hires restructuring officer Richard Heis in efforts to return stability

Embattled retail giant Steinhoff has appointed Richard Heis as chief restructuring officer in efforts to return stability.

Poundland “Elf Behaving Badly” advert banned by ASA

The Advertising Standards Authority (ASA) has voted to ban Poundland’s controversial “Elf Behaving Badly” campaign.
markus Jooste

Steinhoff secures fresh round of funds to stay afloat

Steinhoff has given its creditors some hope after securing enough money to keep the businesses running in the immediate term.
Richard Heis

Poundland attracts potential buyers while considering management buyout

Poundland has attracted a raft of potential buyers who are keeping a close eye on the discount retailer.

Steinhoff calls for €200m to stay afloat

Steinhoff has begun talks with lenders seeking to acquire €200 million in “interim liquidity support”.

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