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
Kylie Minogue

B&M brands Kylie Minogue legal claim “greedy” amid trademark battle

B&M is being sued by the Australian singer Kylie Minogue after branding various items in its homeware range with the name “Kylie”

Warning signs as Poundstretcher’s credit insurance cut

Discount giant Poundstretcher has become the latest high street chain to have its credit insurance restricted.

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