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Australia's Woolworths touts progress, UK discounter Poundland sold - retail round-up, July 2016

9 Aug 2016

In July, Woolworths, Australia's largest retailer, saw its shares jump the most in a single day for 20 years after it announced more initiatives to improve its performance. The month also saw UK discount chain Poundland accept a takeover offer from South African retailer Steinhoff.

Quote, unquote: just-food's week in words

13 Oct 2014

This week, Emmi flogged its Italian Trentilatte yoghurt business, while Kellogg sold the Loma Linda brand to Atlantic Natural Foods. Elsewhere, UK baker Finsbury Food Group moved to buy local peer Fletchers Group, while US private-equity firm BBX Capital made its second confectionery acquisition in a week. At the annual IGD Convention in London, UK retail veteran Andrew Higginson caused a stir by hitting out at the country's grocers.

UK suppliers, retailers must "reset" relationship - Higginson

7 Oct 2014

Andrew Higginson, the deputy chairman of Morrisons and former Tesco finance director, has said branded suppliers and supermarkets must "reset" their relationship in a bid to revive a stagnant sector.

Premier Foods' smaller brands helped by discount, c-store growth

7 Oct 2014

The growth of the discount and convenience channels in the UK has led to a "renaissance" for some of Premier Foods' smaller brands, Gavin Darby, the company's chief executive, said today (7 October).

The just-food interview part two: Premier Foods CEO Gavin Darby

5 Aug 2014

Premier Foods has strengthened its financial position and is building profitability through a focus on cost reduction. However, the UK company is finding the going tougher as it looks to accelerate its sales growth. Chief executive Gavin Darby spoke to just-food about how Premier is adapting to the changing landscape in UK grocery retail.

UK: Poundland set for fresh European push

2 Oct 2013

UK-based discount retailer Poundland has said it is finalising plans to take its Dealz banner, launched in Ireland in 2011, into more markets in Europe.

UK: Speculation mounts as retailers "circle HMV sites"

5 Feb 2013

UK grocery retailers are reportedly circling former HMV stores, which were put on the block after the music retailer went into administration last month.

UK: Poundland adds to grocery line

29 Nov 2012

UK discount retailer Poundland has added around 100 products to its grocery stable.

Editor's choice: the highlights on just-food last week

16 Jul 2012

UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt range, while Campbell Soup Co. indicated it is eyeing expansion into new categories through its acquisition of carrot-to-beverage firm Bolthouse Farms.

Quote, unquote: just-food's week in words

9 Jul 2012

Premier Foods plc this week announced another asset sale with the disposal of its ethnic flour business Elephant Atta to Associated British Foods.

UPDATE: UK: Poundland sees food growth, eyes Europe expansion

2 Jul 2012

Poundland, the UK-based single price value retailer, has said it has seen good growth in food sales in the UK and that it may look to mainland Europe for further growth opportunities.

IRELAND: Poundland to open ten Dealz stores

19 Apr 2012

UK discount retailer Poundland is to open a further ten Dealz stores in Ireland.

UK: Poundland sales rise by a quarter

13 Oct 2011

Poundland, the UK-based single price value retailer, said today (13 October) more consumers were looking for value as it reported a 26% increase in annual sales.

Quote, unquote: just-food's week in words

5 Aug 2011

This week, Kraft announced plans to split the company in two, while speculation continued that Unilever might sell-off its food division. Meanwhile, Premier Foods booked what it described as a "poor" first-half and Smart Balance acquired gluten-free manufacturer Glutino. Here's the best of what was said this week:

UK: Poundland plans 50 new stores

8 Feb 2011

UK discount operator Poundland told just-food today (8 February) that it plans to open some 50 new stores in the 2011/12 financial year.

UK: Private equity swoops for Plum Baby

1 Jun 2010

UK organic baby food business Plum Baby has become the latest company to be acquired by a private-equity firm after it agreed a GBP10m (US$14.6m) takeover.

Best bits: Private-equity returns to the table

26 May 2010

As each day goes by, there seems to be more evidence of the revived appetite of private equity for deals in the food sector.

UK: Value-chasing consumers boost Poundland

11 Jan 2010

UK discount retailer Poundland saw an increase in like-for-likes sales over the festive period as consumers continued to look for value for money on the high street.

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