Retailers/Poundland

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UK variety discounters: differing financial results, diverse strategies

The latest results from variety discounters B&M, Home Bargains and Poundland show a mix in performance. We have seen a continuation of the patterns of previous years, with B&M and Home Bargains growing rapidly and Poundland growing slowly. The results are mainly driven by the retailers differing strategies, with B&M and Home Bargains focused on opening new stores, and Poundland focusing on revamping its existing estate.

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Poundland Q1: growth in challenging environment
Poundland's parent, Pepco, has released its Q1 trading update, for the first quarter ending December 2020. The group as a whole saw revenue growth on a constant currency basis of 9.1%, but like-for-like sales declined by 2.1%. Poundland and Dealz performed well, with positive revenue and like-for-like growth. We look at the performance in more detail and consider how the retailer's evolution will...
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Poundland temporary store closures
Despite being an essential retailer, Poundland will once again be temporarily closing some of its stores as a result of the current lockdown. Reduced footfall leads to 'temporary hibernation' of 44 stores Poundland has put 44 stores into 'temporary hibernation', according to The Grocer. Stores closed on 8th January. Poundland has not given a date for when the stores will reopen, due to the ...
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Poundland acquires Fulton Foods
Variety discounter Poundland has acquired frozen food specialist Fulton Foods, as part of its continued evolution towards offering shoppers a greater grocery offering. What? The purchase was made for an undisclosed amount, however the retailer has said it is part of a £25m investment into its grocery offering over the next two years. Key elements of the deal; Poundland will retain ...
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Presentations

Poundland Snapshot
10/05/2021

An essential summary of trading priorities, latest developments, and other key commercial insights for Poundland.
UK movers & shakers Q1 2021
07/04/2021
The latest UK grocery retail appointments. This edition features Asda, Sainsbury’s, M&S, Waitrose, WBA and Poundland.
Ireland Country Presentation
22/03/2021
This guide to Ireland explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.
UK variety discount: what you need to know
01/03/2021
Variety discounters are an increasingly important part of shoppers’ repertoire, competitors of grocers and an alternative route to market for brands. In this presentation we combine our retail and shopper knowledge to understand the key trends shaping the variety discount channel.
View all presentations
UK country presentation

This in-depth guide to the United Kingdom explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

UK variety discount: what you need to know

Variety discounters are an increasingly important part of shoppers’ repertoire, competitors of grocers and an alternative route to market for brands. In this presentation we combine our retail and shopper knowledge to understand the key trends shaping the variety discount channel.

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Poundland snapshot

An essential summary of trading priorities, latest developments, and other key commercial insights for Poundland.

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