Have a browse through the latest press releases and news stories about Poundland. For more information please contact Tracey Warmington or Emma Broomhall at BOTTLE PR on 01865 882 988 or email poundland@bottlepr.co.uk.
London – May 4, 2010 – Warburg Pincus, a leading global private equity firm, has reached an agreement to acquire Poundland, Europe’s biggest single price discount retailer, from Advent International. Warburg Pincus will acquire a majority stake with the management at Poundland retaining a minority shareholding and continuing to lead the business. Detailed terms of the transaction were not disclosed.
15 March 2010 - Poundland, Europe’s biggest single price discount retailer, has announced the opening of at least 50 new stores in the UK in the next financial year 2010/2011, creating more than 2,000 jobs.
Willenhall, West Midlands: Poundland, Europe’s biggest single price discount retailer, today announced its Christmas trading results for the five weeks ending 3rd January 2010, with an increase in like for like sales of 4.4 per cent. Total sales (including new stores) for the period were up 34.8 per cent year on year.
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Willenhall, West Midlands: Poundland, Europe’s biggest single price discount retailer, today announced results for the financial year ending 28 March 2010. Trading figures demonstrate strong and sustained growth, maintaining its track record of delivering consistent like for like growth across the economic cycle.