Ireland

Poundland confirms plans to shutter 150 stores 

Poundland has confirmed that up to 150 stores and two distribution centres are set to close under a new restructuring…

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Poundland to halt rent payments at hundreds of stores amid restructuring

Poundland will reportedly pause rent payments at hundreds of shops if a restructuring plan is approved by creditors later this…

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Warm weather fails to boost footfall in May

Retail footfall across the UK declined by 1.7% compared with May 2024, spelling a sharp drop from the 7.2% rise…

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Poundland sold to Gordon Brothers for £1

Pepco Group has announced that it has sold Poundland to investment firm Gordon Brothers for £1. The deal will provide…

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M&S restarts online orders after cyber attack

Marks and Spencer (M&S) has announced that it has resumed online orders after halting them due to a cyber attack…

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Major supermarkets criticised for shift to cheaper imported meat

Asda, Morrisons and Sainsbury’s have been found selling cheap beef from Australia, Uruguay and New Zealand in a bid to…

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Matalan to open 10 stores annually amid £25m investment

Matalan has announced that it is set to invest over £25m in its UK store estate following the £25m of…

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Northern Ireland’s Abbey Centre sold to new owner for £59m

Abbey Centre in Northern Ireland has been sold by NewRiver to The Herbert Group of Companies in an off market…

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Today’s news in brief-23/5/25

Tesco UK CEO Matthew Barnes has stepped down after just one year in the role to pursue other opportunities. He…

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Co-op to roll-out smart electronic shelf labels

The Co-operative Group (‘Co-op’) has partnered with VusionGroup to replace paper shelf edge labels in store with electronic shelf edge labels, across…

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