Poundland news

16 May 2013
Fixed price discounter, Poundland, has launched a new price point of 97p to three stores, to combat competitor activity in those areas. Undercutting rivals The 97p price point has been launched in its East Ham, Dudley and Chelmsley Wood stores and will apply to all lines in those stores. These are all stores where competitors, including 99p Stores, have just opened. Poundland has not ann...
04 April 2013
Discount retailer Aldi has launched its first 'convenience' store in London. A more direct move into the convenience market The store, a former Peacocks unit in Kilburn, North West London, is approximately half the size of a typical 15,000 sq ft Aldi . The move by Aldi to open smaller stores in high footfall locations, and close to transport hubs in London, will boost competition with Sa...
04 March 2013
Poundland is building a new distribution centre in Harlow to support its rapid expansion. Investing in supply chain The new 350,000 sq ft distribution centre, costing £40m, will operate as  Poundland's main distribution centre for the south east of the UK and has the capacity to serve up to 200 stores. The new centre is planned to be fully operational by 2014. Rapid expansion Poun...
03 January 2013
The major players in the UK discount channel are turning to social media with increasing frequency as they experiment with new means of shopper communication to build character around their brands. The 'Poundland Christmas' board Over Christmas, Poundland offered customers the chance to win £250 through the social media site Pinterest. The site functions as a virtual pin-board, allowin...