Store closures for Poundworld
Steve Dresser
Founder of Grocery Insight & retail influencer
"The man supermarket CEO's turn to" - BBC"
It is sad to read that Poundworld are potentially closing up to 100 of their stores as they battle the ‘high street’ slowdown.
Businesses like Poundworld, Poundland, B&M and Home Bargains were big winners in the recession and the subsequent change in shopping habits. So why have Poundworld struggled when the market conditions seem perfect for a value conscious retailer?
Our emailed note to subscribers featured the retailer back in February 2018, but the warning signs have been there for a while. Why not sign up today to benefit from further notes ahead of their time?
Read this from February 2018 to find out why Grocery Insight thought Poundworld were struggling….
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Grocery Insight provide market insight on the UK sector with a focus on individual retailers such as Tesco. This insight is useful to various stakeholders and due to my store based focus. Insight can be delivered to suppliers to focus on growth opportunities, analysts and investors to assess the business performance and long term outlook and retailers themselves to assess best practice.
