Poundland news

18 February 2016
We explore the opportunities for new and existing suppliers to grow with Poundland as the discounter ventures beyond its signature price point. 1. Special promotions Poundland is evolving its £1 business model in-store with  Special Promotions that allow shoppers to buy round-pound products above the £1 price point, with the condition of spending one pound. Having trialled the prom...
04 February 2016
Priya Chandarana shares details on the new grocery discount store by easyJet founder, Stelios Haji-Ioannou, following a trip to the venture's first site in Park Royal, West London. Private label wholesale brands The store's 76 ambient lines fall under three private label brands that belong to two of the UK's largest grocery wholesalers. Happy Shopper and Euro Shopper are well-established pr...
26 January 2016
Ahead of IGD's Poundland Trade Briefing next month, our Director of Retail Insight, Ben Miller , speaks to Poundland's Trading Director, Simon Twigger , about the discounter's recent results, its growing estate and new ranges. BM: Poundland recently published its Q3 results. While the city focused on profit performance, our eyes were drawn to the sales growth opportunities you are c...
21 January 2016
IGD's Retail Analyst, Priya Chandarana , and Shopper Insight Manager, Rupal Mathur , explore the newly converted Poundland in Eltham, following the discounter's acquisition of 99p Stores. Core layout and ranging In autumn 2015, Poundland started the process of converting the acquired 99p Stores estate. By the end of the year, 25 stores had been converted, including the store on Elth...
07 January 2016
Poundland has reported sales growth of 29.4% for the 13 weeks ended 27 December 2015 despite tough trading conditions over the seasonal period due to a decline in footfall. Converted 99p Stores in line with plan Total sales at Poundland grew 29.4% over the seasonal period, 30.1% on a constant currency basis. While these figures exclude the discounter's Spanish trial, they now include...
22 December 2015
Latest Kantar Worldpanel market shares for the 12 weeks to 6 December 2015 show retailer SuperValu maintain the top spot in Ireland in the lead up to Christmas. SuperValu share 24.7% Having overtaken Tesco in the 12 week market shares to 8 November, SuperValu has maintained the top spot, increasing it's market share by 0.1 percentage points to 24.7%. Despite falling shopper numbers earl...
17 December 2015
We visited Poundland's store in the affluent town of Stratford-upon-Avon to understand the retailer's latest in-store initiatives. Our visit revealed how Poundland is offering value in new and different ways to drive basket spend and attract new shoppers, creating more opportunities for suppliers. 1. Conditional spend Poundland has been trialling a 'conditional spend' promotion since las...
03 December 2015
We explore the key roles of influence of three Poundland directors ahead of February's IGD Poundland Trade Briefing. Jim McCarthy, CEO Poundland's CEO has referred to the 99p Stores acquisition as a 'transformational deal', making this a key time for Poundland's supplier base to understand the impact of this strategic move. Poundland has made huge progress in the last year to strength...
26 November 2015
Following Poundland's interim results, we explore three ways the discounter is developing its offer to win in the UK and beyond. 1. Opportunities in ecommerce Poundland's launch online has been a significant development in the UK discount channel, which has recently seen various retailers diversify beyond their core offer. Poundland's website, which offers 2,000 SKUs, is a key way in ...
25 November 2015
We update on the latest Kantar Worldpanel market shares for the 12 weeks ending 8 November 2015 as SuperValu regains the position of Ireland's largest grocery retailer for the second time this year. SuperValu overtakes Tesco Latest Kantar data shows that SuperValu has increased its market share over the last 12 weeks to 24.6%, 0.5pps ahead of Tesco. Since May, Tesco has held the number ...