National chain to fill former Poundstretcher superstore
Synopsis by Kent Online Dec 05 21
A new retailer is confirmed to be opening in a former Poundstretcher which closed just days ago.Read full articleKent Online: National chain to fill former Poundstretcher superstore
Story Details
| Last Updated | Dec 05 21 |
| Total Articles | 2 |
Main Topics
More news on this subject
Previous
Walgreens embarks on another round of layoffs: The Deerfield-based company has been cutting jobs every few months over the last year.
chicagotribune.com/2024/04/16/walgreens-layoffs/
Supermarket of the Year 2024 - The winners have been decided!: In a brilliant finale, the LP won the “Supermarket of the Year” event at the leading industry ...
lebensmittelpraxis.de/handel-aktuell/39950-supermarkt-des-jahres-2024-die-sieger-stehen-fest.html
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
Westfield operator to waive a week's rent for tenants after attack: Normal trade will resume tomorrow, while doors will open for a "day of reflection" ...
9news.com.au/national/bondi-stabbing-spree-westfield-to-reopen-day-of-reflection/2162ffa5-cb3f-4ca5-8323-af44aac02dd9
Thailand's Central buys German luxury retail property KaDeWe
reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
China GDP rises 5.3%, but it doesn't mean the economic pain is over: March retail sales and industrial output fell short of forecasts. First-quarter new home ...
businessinsider.com/china-economy-first-quarter-gdp-growth-but-pain-not-over-2024-4
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...
motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024
Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm
lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html
FTSE 100 Set to Resume Rise Closer to Record
bloomberg.com/news/live-blog/2024-04-09/ftse-100-what-s-moving-uk-markets-right-now-markets-today
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...
wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f
New owner of Leicester company says 'no job cuts' on horizon: The budget retailer has being sold to the owner of Majestic Wine and Punch Pubs
leicestermercury.co.uk/news/local-news/new-owner-leicester-company-poundstretcher-9220544
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
L.L.Bean announces layoffs, reduced call center hours due to online shopping surge
nypost.com/2024/04/17/business/ll-bean-announces-layoffs-reduced-call-center-hours/
Dollar Tree hiking prices as high as $7, but some Long Island customers say they'll stay loyal
newsday.com/business/dollar-tree-raising-prices-7-family-dollar-a634a4cx
How to claim the $500 Walmart might owe you: Walmart resolved allegations of overcharging customers in a $45 million settlement that could mean payouts up to ...
businessinsider.com/how-to-claim-the-500-walmart-might-owe-you-2024-4
Disappointing Q1 for retail: Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.
ekathimerini.com/economy/1235662/disappointing-q1-for-retail/
Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...
macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/
As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times: GCC witnesses major rise in attacks as experts advise on protection options
khaleejtimes.com/business/tech/as-eid-approaches-beware-of-rise-in-cyberattacks
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores: The system uses cameras and sensors to charge customers after they leave stores.
wsj.com/business/retail/amazon-to-remove-just-walk-out-checkout-technology-at-u-s-grocery-stores-10869555
New owner of Leicester company says 'no job cuts' on horizon: The budget retailer has being sold to the owner of Majestic Wine and Punch Pubs
leicestermercury.co.uk/news/local-news/new-owner-leicester-company-poundstretcher-9220544
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
99 Cents Only Stores to close all 371 spots in 'extremely difficult decision,' CEO says
usatoday.com/story/money/retail/2024/04/04/99-cents-only-stores-closing-all-locations/73212030007/
Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business
- After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.
- The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.
- The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.
- Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.
On National Beer Day 2024, the US is drinking more Modelo than Bud Light as NA brews rise
usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink: Small brewers are being squeezed, with a flurry of insolvencies hitting the sector ...
theguardian.com/business/2024/apr/08/uk-craft-beer-sector-financial-hurdles
Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...
cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.
wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7
Podcast - Why cheese counters are far from obsolete - with Christian Pontow from Beemster
lebensmittelpraxis.de/zentrale-management/39794-podcast-warum-kaesebedientheken-noch-lange-nicht-ausgedient-haben-mit-christian-pontow-von-beemster.html
Stratstone opens sales unit for Genesis in Leeds: Stratstone has started sales operations of Genesis cars in Leeds. The move was flagged up earlier this year ...
motortrader.com/motor-trader-news/automotive-news/stratstone-opens-sales-unit-genesis-leeds-02-04-2024
'I found toilet roll and snack bargains at Poundstretcher': I could buy 500ml bottles of water for just 19p and a five pack of Walkers crisps cost £1
mylondon.news/whats-on/whats-on-news/i-went-new-poundstretcher-among-28888446
RMG export to US down 19% in January-February: Garment exports to the US declined 19.24% to $1.18 billion in January and February
thedailystar.net/business/news/rmg-export-us-down-19-january-february-3583331
Iceland's new Food Warehouse to give away loads of free food: The new Food Warehouse store will be opening on the retail park
kentlive.news/news/kent-news/icelands-new-food-warehouse-ashford-9215050
Comment on Galeria: Watch out, seller is coming: Attention, salesman coming: Thomas Middelhoff, Nicolas Berggruen, René Benko and now the new investors at ...
sueddeutsche.de/wirtschaft/galeria-einzelhandel-benko-1.6544781
Paid articlePaid
McDonald's only McSki restaurant with Ski-Thru in Sweden: photos: McDonald's has just one McSki, or Ski-Thru, located in one of Sweden's biggest ski resorts ...
businessinsider.com/mcski-sweden-ski-thru-mcdonalds-photos-2024-3
Paid articlePaid
Sutton St Nicholas Shopping Centre to get new Poundstretcher: Poundstretcher is set to open a new Sutton store with grand opening offers.
yourlocalguardian.co.uk/news/24254511.sutton-st-nicholas-shopping-centre-get-new-poundstretcher/
Poundstretcher Peterlee to close after 30 years of business: Poundstretcher, which is based on Essington Way in Peterlee, has revealed that it will be closing ...
thenorthernecho.co.uk/news/24248618.poundstretcher-peterlee-close-30-years-business/
Mountain Warehouse moves to Poundstretcher shop in Malvern: AN outdoor clothing specialist is set to move out of its current home to a bigger base in Malvern.
malverngazette.co.uk/news/24250156.mountain-warehouse-moves-poundstretcher-shop-malvern/
Work approved as new Elgin location for Poundstretcher moving closer to reality: The former Anytime Fitness gym in Elgin is moving closer to becoming ...
pressandjournal.co.uk/fp/news/moray/6426959/approval-work-on-new-poundstretcher-elgin-home/
collective bargaining conflict - Verdi continues strikes at Lidl and Kaufland: The Verdi union is carrying out its individual warning strikes and wholesale in ...
lebensmittelpraxis.de/handel-aktuell/39803-tarifkonflikt-verdi-setzt-streiks-im-einzelhandel-bei-lidl-und-kaufland-fort.html
Two bidders in talks to buy German retail giant Galeria: The insolvency manager of German department store giant Galeria Karstadt Kaufhof said on Tuesday it will ...
reuters.com/markets/deals/two-bidders-talks-buy-german-retail-giant-galeria-2024-03-26/
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles: Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a ...
apnews.com/article/jesse-ventura-minnesota-cannabis-marijuana-edibles-19f23b681f71e8962a126854de7d7911
Dollar Tree to increase max price in stores to $7, reports higher income shoppers
usatoday.com/story/money/retail/2024/03/25/dollar-tree-7-dollars-price-increase/73099172007/
S.Korea Feb factory output rises most in six months, retail sales drop: South Korea's factory production rose in February by the fastest pace in six months ...
reuters.com/markets/asia/skorea-feb-factory-output-rises-most-six-months-retail-sales-drop-2024-03-28/
Home Depot is buying a roofing company for $18 billion — its biggest deal ever: The retailer says its total addressable market is now about $1 trillion
qz.com/home-depot-is-buying-a-roofing-company-1851371426
Paid articlePaid Ocado Retail sales rise as sharper prices win more customers: British online supermarket Ocado Retail said a focus on sharper prices helped it win more customers ...
reuters.com/business/retail-consumer/ocado-retail-quarterly-sales-up-106-it-wins-more-customers-2024-03-26/
German retail sales fall unexpectedly in February: German retail sales unexpectedly fell in February, data showed on Thursday, quashing hopes that private ...
reuters.com/markets/europe/german-retail-sales-fall-unexpectedly-february-2024-03-28/
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
reuters.com/business/retail-consumer/nordstrom-macys-deals-could-put-private-ownership-back-vogue-us-retailers-2024-03-19/
Quick Glance: Nordstrom's Founding Family Seeks to Privatize US Retailer
- The Nordstroms are considering taking the US retail company private.
- Nordstrom has tasked investment banks to assess private equity firms' interest.
- Nordstrom's stock price surged 12% on the news.
- Investment firms are also pursuing the privatization of Macy's.
Shein’s fast fashion comes with fast-finance risks: For a sign of how the internet has changed the way consumers shop for clothes, consider the “Shein haul ...
reuters.com/breakingviews/sheins-fast-fashion-comes-with-fast-finance-risks-2024-03-28/
Pentagon integrates Motus Commercials to streamline operations: Pentagon Motor Group has taken on the LCV business of Motus Commercials, in order to strengthen ...
motortrader.com/motor-trader-news/automotive-news/pentagon-integrates-motus-commercials-streamline-operations-27-03-2024
America's retailers are dealing with a tangled mess: A slew of quarterly earnings reports have highlighted too many stores, too much product ...
qz.com/target-walmart-best-buy-retail-inflation-stores-closing-1851340095
Paid articlePaid Shell is quadrupling the size of its EV charging network while getting rid of 1,000 retail locations
qz.com/shell-ev-charging-network-upgrade-1851349347
Paid articlePaid Best Buy and other retailers started 2024 by closing stores. They're not done, analysts say
qz.com/best-buy-macys-foot-locker-closing-stores-retail-1851340359
Paid articlePaidQuick Glance: Retailers Strategize Closures and Adaptations Amid Inventory Challenges
- Retailers are facing the need to close physical stores due to excess inventory to ensure success. Analysts predict ongoing closures in various retail categories.
- Best Buy, Macy's, and Foot Locker are among the retailers announcing store closures to realign their strategic focus. Best Buy shifts towards smaller stores, Macy's focuses on upscale locations, and Foot Locker reacts to profit setbacks.
- Retailers are optimizing operations with fewer stores. Best Buy introduces smaller-format stores, Macy's emphasizes upscale locations, and Foot Locker responds to financial losses.
- Retailers like Dollar Tree and Dollar General adjust strategies based on customer needs, tackling challenges such as labor shortages and theft. Adaptations are made to stay competitive in the evolving retail landscape.
UK retail sales show no change in February - ONS: British retail sales unexpectedly held steady in February after rising by a revised 3.6% January ...
reuters.com/world/uk/uk-retail-sales-stagnated-february-ons-2024-03-22/
440,500 Starbucks mugs recalled after a dozen people hurt: List of recalled mugs: The mugs were sold in the United States at Target, Walmart and military retail ...
usatoday.com/story/money/2024/03/21/starbucks-mugs-recalled/73051711007/
Walmart wants more wealthy shoppers: The retail giant is making renovations to its sales floors and its assortment of brands
qz.com/walmart-wealthy-shoppers-1851355757
Paid articlePaid Climbing Inflation: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-03-14/climbing-inflation-the-bloomberg-close-americas-edition
Paid articlePaid Dollar General flags margin hit as consumers shift to essentials: Dollar General said on Thursday it expects its margins to come under pressure as shoppers ...
reuters.com/business/retail-consumer/dollar-general-projects-2024-profit-below-estimates-costs-pinch-2024-03-14/
Quick Glance: Dollar General Closes Briefly as Entire Staff Quits Over Overwork, Lack of Appreciation
- A Dollar General store in Wisconsin was forced to briefly shut down after its entire workforce quit, citing seven-day workweeks and a “lack of appreciation.”
- The store manager and six other employees left, leaving a sign on the door thanking customers and explaining the reasons for their departure.
- Issues of food waste and donation policies were also raised by the former staff, highlighting discrepancies between company policies and actual practices.
- Despite a three-hour closure, Dollar General swiftly addressed staffing issues and reopened the store, emphasizing a commitment to employee well-being and customer service.
China's upbeat industrial output, retail sales tempered by frail property: China's factory output and retail sales beat expectations in the January-February ...
reuters.com/markets/asia/china-jan-feb-industrial-output-retail-sales-beat-expectations-2024-03-18/
Cheerios maker General Mills tops quarterly estimates on higher product prices: General Mills topped market expectations for third-quarter sales and profit on ...
reuters.com/business/retail-consumer/general-mills-posts-smaller-than-expected-drop-quarterly-sales-2024-03-20/
South African rand flat ahead of inflation, retail sales data: South Africa's rand was flat early on Wednesday as investors awaited inflation and retail sales ...
reuters.com/markets/south-african-rand-flat-ahead-inflation-retail-sales-data-2024-03-20/
5 ways McDonald's, Walmart, and other retailers are getting creative to reach consumers
qz.com/mcdonalds-walmart-target-walgreens-cvs-ikea-retail-1851345727
Paid articlePaid Walgreens beat Wall Street's earnings expectations but warned of a 'challenging retail environment'
qz.com/walgreens-earnings-stock-profit-retail-1851371026
Paid articlePaid
Big brands could pivot easily if TikTok goes away. For many small businesses, it's another story
omaha.com/news/nation-world/business/tiktok-future-business-owners/article_fbaad095-c0c2-5256-ab64-aed3f5804bd4.html
Castleford ‘held to ransom’ over £1m price tag for derelict Poundstretcher store: Castleford residents are being ‘held to ransom’ over the sale of a derelict ...
wakefieldexpress.co.uk/business/castleford-held-to-ransom-over-ps1m-price-tag-for-derelict-poundstretcher-store-4568793
Paid articlePaid Boots orders support staff back into office five days a week from September: Retail chain’s boss declares office a ‘much more fun and inspiring place’ with ...
theguardian.com/business/2024/mar/08/boots-orders-support-staff-back-into-office-five-days-a-week-from-september
China’s new retail and industrial data beat expectations — but signs still point to trouble ahead
qz.com/china-retail-industrial-data-economy-real-estate-1851343586
Paid articlePaid
Dollar General is rolling back self-checkout in thousands of stores: Dollar General is the latest retailer to backtrack on self-checkout.
richmond.com/news/nation-world/business/dollar-general-self-checkout/article_9003e0b2-0bb3-5716-848f-986ea9704f63.html
Frinton residents see red over new discount shop's 'hideous' paintwork: DEVELOPMENT on the new Poundstretcher store is well underway and the people of Frinton ...
gazette-news.co.uk/news/24193566.frinton-residents-see-red-new-discount-shops-hideous-paintwork/
Apple CEO Tim Cook visits Shanghai amid a slowdown in China iPhone sales: Apple's Tim Cook is on a visit to Shanghai ahead of the opening of a new retail store ...
cnbc.com/2024/03/20/apple-ceo-tim-cook-visits-shanghai-amid-a-slowdown-in-china-iphone-sales.html
Marks & Spencer confirms closure of Doncaster city centre store with expanded outlet set to open
doncasterfreepress.co.uk/news/marks-spencer-confirms-closure-of-doncaster-city-centre-store-with-expanded-outlet-set-to-open-4562226
Paid articlePaid CVS and Walgreens will soon sell birth control pills over the counter: Pharmacy retail giants are about to start selling the contraceptive pill Opill
qz.com/opill-birth-control-walgreens-cvs-1851305208
Paid articlePaid
Samara, Amazon-backed More Retail stake sale gets lukewarm response: Samara Capital: The joint venture was looking to raise funds at $2 bn valuation
business-standard.com/companies/news/samara-amazon-backed-more-retail-stake-sale-gets-lukewarm-response-124030600994_1.html
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics