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Poundland
Poundland is a British variety store chain founded in 1990. It once sold most items at the single price of £1, including Closeout (sale), clearance items and proprietary brands. The first Pilot (experiment), pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, fearing it could adversely affect the local competition. An estimated 7 million customers shopped in Poundland every week in 2016, many being female shoppers in the NRS social grade, C1, C2, D and E categories (the working classes in a system of demography, demographic classification used in the United Kingdom). Following a drop in share price of over 50%, Poundland was acquired in August 2016 by Steinhoff International for £610m. The retailer expanded into other List of sovereign states and dependent territories in Europe, European countries during the latter half of 2011, first opening a store in the Republic of Ireland and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dealz
Dealz is a chain of discount retail stores predominantly in Ireland, Spain and Poland, offering a range of general merchandise products, the majority of which are at the fixed price of €1.50 (in Ireland and Spain); £1.20; or zl 6.- The stores are operated by South African company Steinhoff, through its subsidiary Poundland. History The first two Dealz stores were opened in Blanchardstown and Portlaoise in September 2011, and by September 2013, the chain had expanded to 28 stores. Additional Dealz stores also opened in islands off of Britain: one in Douglas, Isle of Man and another in Kirkwall, Orkney. Dealz expanded to these British islands because it was offering Poundland products for £1 and £1.20. In September 2012, a store opened in Kirkwall, but this became a Poundland/Pep&Co store on 26 May 2018. Euroland It was decided that the name 'Euroland' was not going to be used as it avoided the impact of price volatility in the region and because potential custom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
99p Stores
99p Stores Ltd. was a family-run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand the business throughout the UK and had rapidly developed 99p Stores, operating a total of 129 stores as of March 2010 and serving around 1.5 million customers each week, undercutting their main rival Poundland by a penny. As of mid-2009 the company offered more than 3,500 different product lines throughout its stores. Most of their stores were based in the south of the UK, although there were stores as far north as Liverpool and Hartlepool. The chain saw accelerated store expansion upon the collapse of Woolworths Group, where they took the opportunity to acquire 15 of these former stores, increasing their estate to 79 at that time. Landlords were regarding 99p Stores as an anchor tenant due to the significant number of customers one of thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steinhoff International
Steinhoff International is a multinational holding company that is dual listed in Germany and South Africa. Its holdings are in the retail sector, primarily in furniture and household goods, and include a controlling stake in South Africa's Pepkor group. The company operates in Europe, Africa, Asia, the United States, Australia and New Zealand. It is well known for an accounting scandal which led to criminal charges against its former chief executive, Markus Jooste. History Steinhoff was founded in 1964 by Bruno Steinhoff in Westerstede, Germany. Bruno Steinhoff sourced furniture from communist countries in Europe, for resale in Western Europe. In 1997, Steinhoff acquired 35 per cent of Gommagomma, a furniture company based in South Africa, and prepared for a merger the following year. The company moved its headquarters to South Africa in 1998, attracted by the low production costs, and went public on the Johannesburg Stock Exchange that same year. The merged group was heade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poundworld
Poundworld was a chain of British value variety stores that sold most of its items for £1. It was founded in 1974 by Yorkshire-based father-and-son team Chris Edwards Sr. and Chris Edwards Jr. In contrast to many high street retailers, it maintained strong sales and growth during the global recession that started in 2007. Poundworld's product range consisted of over 6,000 items including groceries, health and beauty, toiletries, cleaning products and pet care, some of them known brands. At its peak it had 335 stores in England, Wales, Scotland and Northern Ireland. In 2014, it planned to open 150 new stores within three years. Their larger rival in the market was Poundland. A series on BBC One entitled ''Pound Shop Wars'', broadcast between 2012 and 2015, concerned Poundworld and its rivals. As well as all of its £1 lines, Poundworld introduced a range of multi-price products across its estate of stores in 2017 to offer customers 'More Choice, More Savings'. This became the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Variety Store
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fulton's Foods
Fulton's Foods was a frozen food retailer chain, which is based in Darton, South Yorkshire, and operated throughout The Midlands and the North of England. It traded online as Star Bargains. History The company was founded by Jack Fulton in 1960 as a poultry business.Shop profile: Jack Fulton: Frozen Value to grow across UK The Grocer, 2 February 2008 It diversified into frozen foods in 1974, using the company name Frozen Value Ltd.Fulton Foods Sponsor Doncaster Rovers Belles In August 1997, it was then subject to a |
Willenhall
Willenhall is a market town situated in the Metropolitan Borough of Walsall, in the West Midlands, England, with a population taken at the 2011 census of 28,480. It is situated between Wolverhampton and Walsall, historically in the county of Staffordshire. It lies upon the River Tame, and is part of the Black Country. The town is historically famous for the manufacture of locks and keys. As early as 1770 Willenhall contained 148 skilled locksmiths and its coat of arms reflects the importance of this industry to its growth. It was home to the National Union of Lock and Metal Workers from 1889 until 2004. Its motto is '' Salus Populi Suprema Lex'' – The welfare of the people is the highest law. The urban district of Willenhall (established by the Local Government Act 1894) was partitioned in 1966 between the county boroughs of Walsall and Wolverhampton (since 1974 the metropolitan boroughs of Walsall and Wolverhampton). The northern border of Willenhall has always been adj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouse
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns, or villages. Warehouses usually have loading docks to load and unload goods from trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways, airports, or seaports. They often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets and then loaded into pallet racks. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing, and production. In India and Hong Kong, a warehouse may be referred to as a "godown". There are also godowns in the Shanghai Bund. History Prehistory and ancient history A warehouse can be defined functionally as a building in whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sedgley
Sedgley is a town in the north of the Metropolitan Borough of Dudley, in the West Midlands (county), West Midlands, England. Historic counties of England, Historically part of Staffordshire, Sedgley is on the A459 road between Wolverhampton and Dudley, and was formerly the seat of an ancient Manorialism, manor comprising several smaller villages, including Gornal, West Midlands, Gornal, Gospel End, Woodsetton, Dudley, Woodsetton, Ettingshall, Coseley, and Brierley (now Bradley, West Midlands, Bradley). In 1894, the manor was split to create the Sedgley Urban District, Sedgley and Coseley Urban District, Coseley Urban district (Great Britain and Ireland), urban districts, the bulk of which were later merged into the Dudley County Borough in 1966. Most of Sedgley was absorbed into an expanded County Borough of Dudley in 1966, with some parts being incorporated into Seisdon and Wolverhampton. Since 1974 it has been part of the Metropolitan Borough of Dudley. History The p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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