Retail bosses urge Chancellor to reform business rates to boost growth Business The letter, co-ordinated by the British Retail Consortium (BRC), argued the retail industry paid 7.4 per cent of all business taxes when it only made up five per cent of the overall economy.
Newriver’s Ellandi acquisition gives boost to results as firm eyes up Capital & Regional bid Property London-listed Newriver REIT's acquisition of Elandi Management helped it buck the downward trend plaguing much of its sector to post a strong operational performance in its first quarter as it tries to sew up a deal for rival REIT Capital & Regional.
Grocers vs bargain chains: Discount competition is heating up Food fight The discount sector is crowded and competitive: Aldi, Lidl, Poundland and B&M are only a few of the retailers vying for space. The market for discount goods has been growing over the last few years, but not every company has been a winner – only a few stores have managed to attract and keep customers. [...]
Red Sea disruption hits sales at Poundland owner Pepco July 11, 2024 Delays in summer stock reaching stores due to Red Sea shipping disruption contributed to sales at Poundland owner Pepco slumping over its latest quarter.
New government must look after our most solid businesses July 11, 2024 We are not always good in this country at celebrating the most functional, and effective, of businesses; like JD Wetherspoon.
Poundland owner Pepco eyes profit surge as revenue passes milestone May 24, 2024 Pepco, the owner of Poundland, has set its sights on posting profits of €900m for its current financial year after the group's interim revenue passed a major milestone.
Dave Hill: Daftness and music at Soho Theatre May 17, 2024 An evening with David Hill is time and money well spent: an instant mood boost and a lasting grin on your face. More please!
Poundland’s profit slashed despite sales rising by £200m May 13, 2024 Poundland's profits were slashed by almost £33m during its latest financial year despite its sales rising by nearly £200m, it has been revealed.
Poundland owner Pepco brings in Vision Express boss as new chief amid ‘challenging’ environment April 11, 2024 Pepco Group, the owner of the Poundland brand in the UK, has appointed a new chief executive.
Matalan finance chief to step down after 23 years as successor poached from Poundland February 12, 2024 The chief financial officer of Matalan is to step down after 23 years in role as the fashion retailer announced his successor.