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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 clearance items and proprietary brands. The first 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 C1, C2, D and E categories (the working classes in a system of 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 £610 million. The retailer expanded into other European countries during the latter half of 2011, first opening a store in Ireland and later operating a subsidiary chain of discount stores in mainland Europe under the name Dealz. Poundland acquired closest rival 99p St ...
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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 ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Haringey
The London Borough of Haringey (pronounced , same as Harringay) is a London borough in North London, classified by some definitions as part of Inner London, and by others as part of Outer London. It was created in 1965 by the amalgamation of three former boroughs. It shares borders with six other London boroughs. Clockwise from the north, they are: Enfield, Waltham Forest, Hackney, Islington, Camden, and Barnet. Haringey covers an area of more than . Some of the more familiar local landmarks include Alexandra Palace, Bruce Castle, Jacksons Lane, Highpoint I and II, and Tottenham Hotspur Football Club. The borough has extreme contrasts: areas in the west, such as Highgate, Muswell Hill and Crouch End are among the most prosperous in the country; in the east of the borough, some wards are classified as being among the most deprived 10% in the country.Office for National Statistics Haringey is also a borough of contrasts geographically. From the wooded high ground around ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Advent International
Advent International is a global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core sectors. Since its inception in 1984, Advent has invested $56 billion in private equity capital and, through its buyout programs, has completed more than 375 transactions in 42 countries. Advent operates from 14 offices in 11 countries, with affiliates in additional countries, and employs over 240 investment professionals. History Advent is a Boston, Massachusetts spin-out from TA Associates by Peter Brooke. Brooke had founded TA Associates in 1968 after having expanded the venture capital operations of TA's parent Tucker Anthony & R.L. Day. In 1985, Advent raised its first fund – a $14 million corporate venture capital program for Nabisco. In 1987, the firm raised the $225 million International Network Fund, its first institutio ...
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Management Buy-out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Northampton
Northampton () is a market town and civil parish in the East Midlands of England, on the River Nene, north-west of London and south-east of Birmingham. The county town of Northamptonshire, Northampton is one of the largest towns in England; it had a population of 212,100 in its previous local authority in the United Kingdom Census 2011, 2011 census (225,100 as of 2018 estimates). In its urban area, which includes Boughton, Northamptonshire, Boughton and Moulton, Northamptonshire, Moulton, it had a population of 215,963 as of 2011. Archaeological evidence of settlement in the area dates to the Bronze Age Britain, Bronze Age, Roman conquest of Britain, Romans and Anglo-Saxons, Anglo-Saxons. In the Middle Ages, the town rose to national significance with the establishment of Northampton Castle, an occasional royal residence which regularly hosted the Parliament of England. Medieval Northampton had many churches, monasteries and the University of Northampton (thirteenth century), ...
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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 ...
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Burton Upon Trent
Burton upon Trent, also known as Burton-on-Trent or simply Burton, is a market town in the borough of East Staffordshire in the county of Staffordshire, England, close to the border with Derbyshire. In United Kingdom Census 2011, 2011, it had a population of 72,299. The demonym for residents of the town is ''Burtonian''. Burton is located south-west of Derby, north-west of Leicester, west-south-west of Nottingham and south of the southern entrance to the Peak District National Park. Burton is Brewers of Burton, known for its brewing. The town grew up around Burton Abbey. Burton Bridge was also the site of two battles, in Battle of Burton Bridge (1322), 1322, when Edward II of England, Edward II defeated the rebel Thomas, Earl of Lancaster, Earl of Lancaster and in Battle of Burton Bridge (1643), 1643 when royalists captured the town during the First English Civil War. William Paget, 1st Baron Paget, William Lord Paget and his descendants were responsible for extending the m ...
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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 ...
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