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The return of its former bosscomes at a crucial time for Poundland after it reported its fourth consecutive quarter of declining sales, which fell 7.3% Williams’ return certainly signals something major is afoot, with early reports suggesting the group is considering a mass restructuring of the entire business or even a possible sale.
The return of its former boss comes at a crucial time for Poundland as Pepco revealed on Thursday (6 March) that it was “actively evaluating” all strategic options to separate the discount business from the group, including a potential sale. over the golden quarter.
The supermarket opened the doors of the first Express store in Barnes and Norbury, London in 1994 and now operates a total of 2,704 of the convenience sites. Tesco is planning to open over 150 Express convenience stores in the UK over the next three years as it ramps up expansion plans.
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. H owever, in April it was reported that it was among the supermarkets resorting to selling shops to bring down its significant debts. year on year.
The initiative will see a range review carried out, with the supermarket looking at whether lines need to be removed or added, and if the selection of ‘dine in’ or food-to-go lines should grow. Sainsbury’s will also look at how it can better use the space in its convenience sites to deliver optimum range for shoppers on-the-go.
The chain’s valueoffer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. H owever, in April it was reported that it was among the supermarkets resorting to selling shops to bring down its significant debts. year on year.
Despite only just returning to the black, Kankiwala says the partnership is “absolutely on target” to increase its profits tenfold to £400m by 2027/28. Stores Waitrose is set to open its first supermarket in almost 10 years as the upmarket grocer embarks on an expansion of its store network. Where is it investing?
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys valueoffer resulted in the retailer losing its grip on the industry. in pre-tax losses as sales plunged 25% to 96.5m
It spent £39m on price cuts in the half to bolster its valueoffer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis. It might just be about growing spend from our existing customers,” he explains.
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factory’s valueoffer resulted in the retailer losing its grip on the industry. in pre-tax losses as sales plunged 25% to £96.5m
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