Blog: Dean BestWill Poundland continue to prosper?

Dean Best | 4 May 2010

With consumers still watching the pennies, the likes of Poundland, the UK single-price retailer, look set to continue to prosper - at least in the short term.

That will be the hope of new owners Warburg Pincus, the US private-equity firm, which has paid a rumoured GBP200m for the business.

However, questions will be raised about the prospects for Poundland once the UK economy recovers, especially with the UK's major multiples continuing to expand into the general merchandise retailer's key non-food categories.

Poundland insists it can thrive in recovery. As Warburg Pincus will discover, UK retail is a very competitive environment and Poundland has some formidable competition.


BLOG

We wish you a merry Christmas

Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...

BLOG

UK food associations come together on Brexit

The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...

BLOG

Amazon cools talk of plans for wave of grocery stores

An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....

just-food homepage



Forgot your password?