Poundland owners push retailer towards insolvency Retail Poundland’s owners are resisting a takeover bid from an Irish property firm and instead pushing the discount retailer close to collapse. The leading bidder to take over the struggling discount retailer, Martin Property Group (MPG), has failed to win the favour of Poundland’s owners because it has not offered to pay for a loan up [...]
Supermarket giants welcome crackdown on Aldi and Lidl Retail Supermarket giants, including Waitrose and Morrisons, have welcomed the competition watchdog’s decision to crack down on Aldi and Lidl. Lidl and Aldi are currently excluded from a law which bans the UK’s biggest supermarket chains from engaging in so-called ‘landblocking‘. Top grocers have already warned that the existing rules allowed the two German discounters to use a “problematic” [...]
TG Jones owner Modella pulls out of race to buy Poundland Retail TG Jones owner Modella Capital has pulled out of the race to buy Poundland but will still look to pick up some of its stores if a sale process collapses, City AM can reveal. The private equity firm, which also owns Flying Tiger, had expressed an interest in bidding for the entirety of Poundland but [...]
B&M joins battle to ‘cherry pick’ Poundland stores in sale October 19, 2026 Discount retailer B&M has joined the tussle to pick off select Poundland stores as its Boston-based owner Gordon Brothers eyes a rushed sale of the company. London-listed B&M European Value Retail is interested in acquiring a small number of Poundland stores, should the retailer be broken up if a buyer for the whole company is [...]
Mark Kleinman: Every Lidl helps a new era of supermarket mergers October 15, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Every Lidl helps a new era of supermarket mergers Every Lidl helps. For that matter, every Aldi does too. With apologies to the creators of Tesco’s famous advertising slogan, that might be the neatest way to encapsulate [...]
Lidl snaps up market share as rival Aldi stalls October 13, 2026 Lidl is the fastest-growing grocer in the UK, new figures suggest, as the discount supermarket grabs more market share while its rivals stall. The German discounter held 8.6 per cent of the UK’s grocer market in the 12 weeks to October, according to Worldpanel by Numerator, up from 8.2 per cent a year ago. This [...]
Sainsbury’s merger talks mark end of supermarket big four October 7, 2026 It is approaching a decade since Mike Coupe, then Sainsbury’s boss, was caught on a hot mic singing “we’re in the money” as his supermarket announced its impending takeover of rival grocer Asda. He was forced to apologise for the outburst, which was caught on camera while he waited to be interviewed by ITV News. “This [...]
Lidl doubles down on loyalty pricing despite Aldi attacks October 5, 2026 Lidl grew its profit and revenue last year after pulling in an additional 43m shopping trips, as the discount grocer doubled down on its loyalty price scheme. The German firm and rival Aldi have swept to dominance of the budget grocer market in recent decades, but Aldi has hit out at its competitors for allegedly [...]
Every Lidl helps: German grocer’s owner poised to snap up Tesco stores September 23, 2026 The owners of Lidl are among the front runners to snap up dozens of Tesco stores as the British supermarket chain seeks to offload some of its biggest subsidiaries. Schwarz Group is expected to submit an offer for Tesco’s Czech and Slovakian businesses, according to the Financial Times, after the FTSE 100 firm said it [...]
Why Katie Taylor proves sport produces cultural moments September 8, 2026 Much has been written about Katie Taylor’s extraordinary farewell at Croke Park in Dublin on Saturday. It was a fitting finale to a truly remarkable sporting career. From an all-conquering amateur career and Olympic gold medal to a record-breaking professional campaign featuring Madison Square Garden and Netflix, Taylor has cemented herself as an all-time great [...]