Sunday, September 26, 2021

Poundland to launch chilled & frozen offering to further 40 shops

Poundland is pushing ahead with the summer rollout of its chilled and frozen food ranges which is set to pass the 200-store mark over the next few weeks.

Poundstretcher shrinks estate by 75 stores since CVA

Poundstretcher has reportedly cut down its store estate by 75 stores since launching a CVA last year.
Poundland quarterly like-for-likes skyrockets 21.1%

Poundland quarterly like-for-likes skyrockets 21.1%

Poundland has enjoyed a boost in quarterly sales thanks to the easing of lockdown restrictions on the high street (...)

B&M homewares sales drop as Brits head outdoors

B&M has reported a drop in underlying sales in its home market, as shoppers swerved homewares sales following ease of restrictions.

Russian discounter Mere stocks up as first UK store set to open

Russian discount chain Mere has said it is accepting deliveries of stock as it continues preparing for the opening of its first UK store.

Sainsbury’s eyes fresh round of price cuts to battle Aldi

Sainsbury's is set to launch a fresh round of price cuts after the Aldi price match made a "significant difference".
Lidl Aldi

Lidl and Aldi to be two years late in reaching store opening targets

New research has estimated that Lidl and Aldi will be 12 to 24 months late in hitting their store opening targets.
Poundland owner posts 47% surge in half-year profits

Poundland owner posts 47% surge in half-year profits

Pepco has posted a rise in half-year sales and profits and revealed that one in 10 products on sale across it Poundland fascia (...)
Discount retail

The inevitable rise of discount chains in the UK

Retail Gazette looks at whether the rise of discount retail was down to the Covid-19 pandemic and how the emergence of Mere (...)

Poundland owner enters 17th market with 29 new Austrian stores

Poundland owner Pepco Group has announced a framework agreement for the acquisition of up to 29 store leases in Austria.

Feature Resource

Retail Gazette Report: Countdown to 2023

Earlier this year, Google announced that it was delaying its plans to phase out third-party cookies from its Chrome browser, granting a much-discussed extension...