Poundstretcher

Poundland: what does the future hold for the discount retailer?

Poundland, once the epitome of the UK’s discount retail scene, finds itself at a crossroads as it navigates shifting consumer…

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Today’s news in brief-27/1/25

WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now…

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The Original Factory Shop nears sale to Baaj Capital

The Original Factory Shop (TOFS) is close to being sold after more than 17 years of ownership of private equity…

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Today’s news in brief-15/10/24

Victorian Plumbing announced the closure of Victoria Plum due to a £2m loss since acquisition, aiming to complete operations by…

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Poundstretcher bolsters leadership team with host of senior appointments

Poundstretcher has announced a series of senior appointments within its commercial and store operations teams to help fuel its growth…

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Today’s news in brief-12/4/24

Levi’s has welcomed Gianluca Flore, a seasoned executive from Burberry, as its new chief commercial officer effective 29 July .…

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Majestic Wines owner Fortress acquires Poundstretcher

Poundstretcher has been acquired by Fortress, owner of Majestic Wines, after owner Aziz Tayub retired. As part of the transaction…

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Poundstretcher eyes stock market listing 

Poundtsretcher is reportedly eyeing a floatation on the stock market, The Mail On Sunday has reported.  According to City sources,…

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Former Asda exec named CEO of Poundstretcher 

Poundstretcher has announced the appointment of Derek Lawlor as its new CEO, who succeeds current CEO, Aziz Tayub, with immediate…

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Poundstretcher to keep prices low despite FY22 profit warning

Discount chain Poundstretcher has warned that sales are set to drop to £277m in the year to March 2022, attributing…

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