Poundland

Today’s news in brief-14/3/24

John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this,…

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Poundland to start TV ad campaign to showcase new ranges

Poundland has confirmed it will start advertising its all-new clothing, homewares and grocery ranges on UK and Ireland TV for…

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Today’s news in brief-15/2/24

The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…

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Poundland to refurb 150 stores

Poundland has announced that it is set to commence refurbishments on 150 stores set to be completed by August this…

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Today’s news in brief-13/2/24

Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP…

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Matalan appoints new CFO

Matalan has announced the appointment of Dave Williams to the initial role of chief financial officer designate, which will graduate…

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Today’s news in brief- 30/1/24

Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…

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Poundland begins transition to new general merchandise ranges

Poundland has confirmed that it has begun a “complete overhaul” of its general merchandise ranges that will see it introduce…

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Today’s news in brief-19/1/24

In December 2023, the Office for National Statistics (ONS) reported a significant 3.2% drop in retail sales volumes in the…

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How the Red Sea crisis could impact UK retail

Earlier this month, Next experienced supply chain delays on the Red Sea, citing “difficulties with access to the Suez Canal”.…

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