Company
Poundland Group PLC
LON:PLND
Just 22 years since our first store opened, Poundland continues to be the high street trend-setter and is Europe’s biggest and fastest growing single price discount retailer. Poundland has proven that it’s possible to not just survive but thrive on the struggling high street, thanks to our successful retail proposition, ambitious growth strategy and top brands. Poundland continues to push the boundaries of the discount sector and has created many more customer advocates as a result. Pragma research showed that 50% of UK residents have visited a Poundland store and HIM revealed that 95% of customers would recommend Poundland to friends and family.
75 stories
Wilko name to return under plans from The Range
The Range will begin stocking Wilko-branded products across the UK from Friday
Wilko name and branding snapped up by The Range
Talks underway with landlords over the 71 stores over re-opening under Poundland badge
Poundland owner posts growth as shoppers seek bargains
Poundland's owner said it continued to outperform as customers set their sights on cheaper deals
Poundland owner Pepco Group targets more store openings after robust year
Like-for-like revenues at Poundland grew 2.6% to £1.87bn in the year-end to 30 September
Poundland slashes prices as customer numbers rise
Approximately half of the retailer’s products are worth a pound or less, with that set to be hiked to 60% by the end of the week
Poundland's owner says UK shoppers are scaling back more than rest of Europe
In order to maintain its prices for "cost-conscious customers", Pepco said it had cut back on some costs and put a dent in its profit margins
Poundland owner gears up for €4bn float or sale
According to reports, Pepkor Europe has been speaking to advisors and bankers about a possible float or sale which would value it at around €4bn
Trending: Steinhoff ups Poundland bid, Aldermore shrugs off Brexit...
South African retailer Steinhoff offered £610mln to acquire Poundland, up from £597mln, in what was said to be its final bid.
Steinhoff International may have to up Poundland bid
South African retailer may have to increase £600mln offer for Poundland amid pressure from Elliott
Hardware & electrical equipment
SoftBank bid for ARM Holdings paves way for more overseas takeovers
Bid for ARM Holdings could spark more bids for UK firms after pound falls
Investments and investor services
Liberum says accept ‘attractive’ offer for Poundland
“The cash offer of 222p is highly attractive and we would advise shareholders to accept.”
London shares ease with Wall Street dip as GBP falls
London’s shares edged lower on Wednesday, in tandem with Wall Street losing steam mid-way through the New York session, and despite a smooth transition to a new British Prime Minister. Sterling was part of the problem. After recovering from
Risers and fallers: VIslink, Blancco Technology, Carclo ...
Major share price risers and fallers in London at 4.15pm
FTSE 100 up nine as market awaits next Brexit moves
London’s blue chips edged lower despite US markets powering to another high overnight.
Archive
Brokers: Land Securities, British Land Co and Intu moved down
Property investment firms continue to struggle in these post-Brexit markets and airlines are struggling too
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Brokers: Two high street retailers are downgraded
Poundland and Tesco have both been downgraded today, while brokers disagree on the prospects of Imperial Brands…
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London's residential property market headed for a fall
Also AFC energy gets a "helpful" cash injection from the EU and Ariana finds a new vein.
London shares gain as Fed seen leaving rates on hold
London’s FTSE100 index closed higher on Wednesday, just shy of the 6,000 mark, as markets priced in a no-change to US interest rates later in the day
Investors set to quiz Poundland and Premier Farnell over takeover interest
Discounter and electronics distributor to report full-year results and a trading update respectively
Investments and investor services
Urals Energy powers up while FTSE 100 maintains gains
The Footsie gained 56 points to 5979 while small-cap indices were also in positive territory
Former Home Retail bidder eyes Poundland
Bensons for Beds owner confirms interest in discount retailer
Trending: In for a penny, in for a Poundland
Steinhoff is revealed as possible bidder for Poundland, while Aveva gives Schneider the brush-off.
Investments and investor services
FTSE 100 Index bounces back as EU vote fears recede
The Footsie gained 51 points to 5974 while small-cap indices were also in positive territory
Risers & Fallers: Ascent Resources, Onzima Ventures, Aveva Group, ReNeuron Group, Egdon Resources, Plutus Powergen
The merger between Aveva Group and Schneider could be back on
Investments and investor services
Goldman Sachs’ bets are off William Hill Plc
William Hill, Poundland, Mothercare, Stock Spirits, and GlaxoSmithKline are all in Friday’s broker spotlight.
Risers & Fallers: Herencia Resources, Circle Oil, Poundland...
Main share price risers and fallers in London at 12.30pm.
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Poundland lacks catalysts, but JD Sports hailed as “extremely impressive”
Poundland, JD Sports, Tesco, Johnson Matthey, and Imagination Technologies were all in Thursday’s broker spotlight.
PREVIEW: Will JD Sports reveal another outperformance?
Positive indications from Nike, Adidas and other sportswear firms suggest another good set of results are on the way from trainer and premium leisurewear retailer JD Sports.
Week ahead - ASOS, Ergomed and Optibiotix Health among AIM stocks reporting
There's a flurry of interesting small cap firms reporting this week, alongside AIM internet retail biggie ASOS....
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Brokers: Jefferies foresees fall in consumer confidence
Lots of dark clouds are gathering for retailers, judging by the latest retail review from Jefferies. Also covered: GlaxoSmithKline, Aureus Mining, Spire Healthcare Group
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FTSE 100's late rally wipes out most of day's losses
It was almost back to square one for the Footsie, with miners leading the rally
Most followed: Retirement delays, Rolls Royce, Ryanair, Poundland, Sports Direct
Millions of Britons could be forced work deep into old age.
Retail winners & losers: Tesco, Home Retail, B&M, Asos...
Tesco reported its first group like-for-like sales increase for more than four years
Archive
Bombed out Tesco one to check out, according to Barclays
On a week in which retailers came to the market, largely warned on trading and profitability and definitely failed to conquer, Barclays provided an antidote to the gloom with an upgrade to shares in Britain's largest grocer.
Investments and investor services
FTSE100 suffers triple digit loss
The FTSE100 ended the day around 130 points lower at 5,944, tumbling below 6,000.
Shares crash despite talk of rival bid for Home Retail
Footsie fell to 5916, about 100 points away from lows not seen since last August
Investments and investor services
China chaos causes market carnage in London
Footsie plunged after China's market regulators ended trading after just 30 minutes
Investments and investor services
Risers & Fallers: Provexis, Greenko, Hydrodec, Cluff Natural Resources, Anglo American
Below are the main news-driven share price movements at 3.45pm.
Poundland sees profits at low end of hopes after tough Christmas
Poundland said tough trading in November continued in third quarter
Thursday's agenda: Marks & Spencer looks to reassure investors
Elsewhere, house builder Persimmon will update the market on its fourth quarter trading.
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Deutsche expects challenges for retailers
Electrical giant Dixons Carphone and online retailer ASOS (LON:ASOS) are among Deutsche's top picks for 2016 among European retailers - a sector it expects will bring challenges in 2016.
Week Ahead: Retail dominates as Christmas sales are totted up
It’s retail all of the way this week as the heavyweights reveal how they fared over crucial Christmas week.
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Week Ahead: Retail sector delivers Chirstmas verdict
Sector bellwether John Lewis saw a 2.3% jump year-on-year to £129.2mln in the week to Boxing Day, which was ahead of expectations.
Johnson Matthey leads FTSE100 higher
The FTSE100 jumped around 80 points to 6,360 on Thursday
Most followed: Old King Coal's reign nears its end
Also covered: Mothercare, Poundland, Ladbrokes, Shell, BG Group, Grafton Group
Poundland blames tough comparatives as sales stall
LFL sales were down but the company has been encouraged by the uplift in sales from 99p Stores that have been rebranded to Poundland
Risers & Fallers: Atlas Dev, Beximco, China Nonferrous, New World Oil, Tethys, Walker Crips
Few saw this coming: a profit warning from a house builder.
Thursday's agenda - Mothercare among those reporting
A plethora of interims awaits investors tomorrow, including from South Africa based investment bank Investec and baby retail specialist Mothercare (LON:MTC).
Poundland to raise £50mln to fund 99p Stores deal
Poundland says the deal should complete next Monday
Watchdog clears Poundland acquisition of 99p Stores
Regulator said it did not expect deal to reduce competition
Thursday's agenda - Fed rate decision only story in town?
A clutch of corporate announcements will greet investors on Thursday, but of course there is really only one story in town...
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Time to jump on Merlin shares, reckons UBS
Attractions and park operator Merlin Entertainments' share price is now at an attractive level, says Swiss broker UBS...
City analysts upbeat on Poundland following CMA clearance
ARM Holdings, Poundland and Royal Bank of Scotland were in focus....
Most followed: China's richest man, takeovers, Tesco
Spare a thought for China's richest man, who dropped more than US$3.6bn yesterday in the stock market crash.
Watchdog approves Poundland deal with 99p Stores
Competition & Markets Authority does not expect deal to substantially reduce competition
Asset managers lead the Footsie's fight-back
The People’s Bank of China cut its main interest rate by from 4.85% to 4.6%, doing its bit to shore up confidence
Poundland is worth a punt ahead of merger decision
The CMA's provisional verdict on Poundland's takeover of rival 99p Stores is due out later this month, but Jefferies recommends buying now while stocks last.
ABF all bought up ahead of Primark’s US launch, says UBS
ABF, Sophos, Legal & General, Ferrexpo, TUI and Poundland are all in Thursday’s broker spotlight