Thursday, October 18, 2018

The Original Factory Shop sees credit insurance pulled

The Original Factory Shop has seen its credit insurance pulled by Euler Hermes follows news of planned stores closures.

Matalan sees positive full-year growth

Matalan has reported growing sales in its yearly results outperforming its larger department store rivals.
Poundworld rescue deal

Poundworld closes in on rescue deal

Poundworld is reportedly close to a rescue deal with Alteri Investors, with the deal likely to be announced next week.

Poundland attacks Boots for “overcharging” customers

Poundland has publicly slammed Boots for “overcharging” customers, launching a public campaign to highlight cost disparities.

B&M unveils 25% surge in full-year profits

B&M has posted a 25 per cent growth in pre-tax profit for the year as chief executive Simon Arora commended the retailer’s “disruptive model”...
Poundworld creditors

Poundworld to shut 117 stores by August 31

Poundworld is planning to close 117 of its 355 stores amid its company voluntary arrangement (CVA) proposals.
TK Maxx update

Bargain hunters help TK Maxx parent company record surge in sales

The US-based parent company of discount retailer TK Maxx reported better-than-expected quarterly same-store sales.
Poundworld creditors

Poundworld pauses CVA plan in favour of sale

Poundworld has reportedly paused its restructuring plan after parent company received expressions of interest for a sale.
Tofs store closures

Tofs set to close stores amid turnaround plan

The Original Factory Shop is poised to trim its 220-store estate.
Poundworld creditors

Poundworld to launch CVA threatening hundreds of jobs

Poundworld is set to reveal plans to launch a company voluntary agreement (CVA) in the coming weeks threatening hundreds of jobs

Feature Resource

What will your workforce want and need,  now and in the...

Today's on-demand consumer mentality means businesses now operate in an ‘always-on’ economy. To meet customer demand for 24/7 access to products and services, businesses...