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Major Poundland loyalty scheme change amid closure concerns
Major Poundland loyalty scheme change amid closure concerns

Daily Record

time28-05-2025

  • Business
  • Daily Record

Major Poundland loyalty scheme change amid closure concerns

It has be predicted that 200 Poundland stores could end up closed as the owner of the discount chain looks for a new buyer. Poundland is known for providing their customers with everyday essentials for low prices. From cleaning products to holiday must-haves, the discount chain is a go-to store for shoppers looking for a bargain. However, with the threat of closure looming, Poundland has now made a major change to their loyalty scheme after listening to customer feedback. The chain will now be scrapping its exclusive lower prices for shoppers who are part of their membership scheme. ‌ Shoppers used to be able to get access to cheaper prices on certain products thanks to Poundland Perks, but this major shake-up means this bonus - which is similar to Tesco Clubcard Prices and Sainsbury's Nectar Prices - will become a thing of the past. ‌ However, the Mirror reports that shoppers will still be able to collect points on the money that they spend while in store. Loyalty scheme members get one point for every 1p they spend on selected items, and once they reach 5,000 points, they will receive a voucher worth £1. A Poundland spokesperson has said: "We've listened to your feedback and from 21 May 2025, the app will now be changing to points and prizes. "That means we'll be offering all customers our very best pricing on the shelf and online – without having to add Poundland Perks prices found in the app. "Of course, you can continue to earn points as you shop at Poundland in store and online when you scan your Poundland Perks app at checkout – and you'll still be able to play our weekly Win it Wednesday competition to win points and prizes. "Once you've accumulated 5,000 points you'll be able to convert those points to a £1 voucher to redeem In-store and online, by turning the toggle on before the 15th of every month." ‌ This shake up to Poundland Perks comes after the owner of the discount chain, Pepco Group, announced that it has decided to sell the chain. Earlier this week in a financial update, the Pepco Group told investors that the company "continues to actively explore separation options for Poundland business with an exit expected by end of FY25". ‌ This means that Poundland expects to make and accept a deal by the end of the current financial year. Therefore by September, the parent company hopes the discount chain will be under new command. While it has been reported that there are investment firms and private equity groups interested in buying the business, the Telegraph has also claimed that up to 200 Poundland stores could potentially face closure. ‌ Currently, Poundland has over 820 across the UK and Ireland - where it is known as Dealz - and it chain employs more than 16,000 people. Despite the massive size of this discount chain, it was revealed this week that the business' revenues have dropped by 6.5 per cent to €985million (£830million) for the six months to March, in comparison to the year before. Over the period, the brand suffered "challenges across all categories" and had 18 net store closures. It is now predicted that Poundland is due to deliver earnings of between 0 and €20million (£16.9 million) compared with previous guidance of €50million and €70million. By contrast, the wider Pepco Group saw total revenues grow by 4.3% to €3.34billion (£2.82billion) in the half-year. Join the Daily Record WhatsApp community!

Poundland makes huge change to loyalty scheme 'as 200 stores could close'
Poundland makes huge change to loyalty scheme 'as 200 stores could close'

Daily Mirror

time27-05-2025

  • Business
  • Daily Mirror

Poundland makes huge change to loyalty scheme 'as 200 stores could close'

It comes after Pepco Group, the owner of Poundland, announced it was going to sell the discount chain - with reports suggesting 200 stores could close Poundland has scrapped its exclusive lower prices for members of its loyalty scheme as part of a major shake-up. Poundland Perks used to allow members access to cheaper prices on certain products. It worked in a similar way to Tesco Clubcard Prices and Sainsbury's Nectar Prices - but the feature has now been axed. Poundland Perks members will still be able to collect points when they spend money in stores. ‌ You get one point for every 1p they spend on select products - then once you've built up 5,000 points, you get a voucher worth £1 to spend in Poundland. ‌ A spokesperson for Poundland said: 'We've listened to your feedback and from 21 May 2025, the app will now be changing to points and prizes. 'That means we'll be offering all customers our very best pricing on the shelf and online – without having to add Poundland Perks prices found in the app. 'Of course, you can continue to earn points as you shop at Poundland in store and online when you scan your Poundland Perks app at checkout – and you'll still be able to play our weekly Win it Wednesday competition to win points and prizes. 'Once you've accumulated 5,000 points you'll be able to convert those points to a £1 voucher to redeem In-store and online, by turning the toggle on before the 15th of every month.' It comes after Pepco Group, the owner of Poundland, announced it was going to sell the discount chain. In a financial update this week, parent company Pepco Group told investors that the company "continues to actively explore separation options for Poundland business with an exit expected by end of FY25". ‌ This indicates that Poundland expects the deal to be done by the end of its current financial year, which closes in September. It has been reported that a number of investment firms and private equity groups are interested in buying the business - but the Telegraph also claims that up to 200 Poundland stores could still face closure. Poundland has more than 820 stores and employs more than 16,000 people across the UK, as well as in Ireland, where it is known as Dealz. It was revealed this week that Poundland revenues dropped by 6.5% to €985million (£830million) for the six months to March, compared with a year earlier. The brand suffered 'challenges across all categories' and had 18 net store closures over the period. Poundland is now due to deliver earnings of between 0 and €20million (£16.9 million) compared with previous guidance of €50million and €70million. The wider Poland-based Pepco Group saw total revenues grow by 4.3% to €3.34billion (£2.82billion) for the half-year.

Supermarket that promised to compete with Aldi is now the most expensive
Supermarket that promised to compete with Aldi is now the most expensive

Wales Online

time30-04-2025

  • Business
  • Wales Online

Supermarket that promised to compete with Aldi is now the most expensive

Supermarket that promised to compete with Aldi is now the most expensive Sainsbury's was only last month working out fourth cheapest behind Asda, Aldi and Lidl for a basket of eight key grocery essentials including bread and milk Which supermarket comes out on top as the most cost-effective? (Image: Getty images ) A supermarket that once promised to challenge Aldi on price has now become one of the priciest in recent weekly comparisons. Just earlier this month, Sainsbury's was the fourth cheapest for a basket of eight basic items, such as bread and milk, trailing behind Asda, Aldi, and Lidl. Yet for the third week in a row, Sainsbury's has claimed the top spot as the most expensive, overtaking Tesco, which had held that position since mid-December ‌ Despite recent price hikes across various supermarkets, this week sees only two changes - both reductions. Tesco and Sainsbury's have lowered the price of their chicken breasts to match those of Aldi and Lidl. ‌ The Manchester Evening News previously reported on Sainsbury's CEO Simon Roberts' strategy to compete with Aldi, acknowledging his willingness to accept short-term profit losses to remain competitive for shoppers. In 2023, the retailer ramped up its fight against the budget supermarket by increasing the number of items in its Aldi Price Match scheme, launching its Nectar Prices (similar to Tesco Clubcard), and consolidating all of its budget products under the single Stamford Street label - named after Sainsbury's former location in London's Blackfriars. However, the total cost for the eight items - milk, bread, butter, beans, tea, coffee, mince, and chicken - is now £13.47 at Sainsbury's, compared to Tesco's £13.30. For money-saving tips, sign up to our Money newsletter here Article continues below For the second consecutive week, Lidl has maintained its position as the most cost-effective supermarket with a shopping bill totalling £13.02, closely followed by Aldi at £13.07, Asda at £13.09, and Morrisons at £13.23. However, it's worth mentioning that some supermarkets have challenged the Manchester Evening News's price comparison. Aldi has asserted that our list fails to consider quality differences. Specifically, they claim that their Diplomat Red Label tea bags and coffee are of 'higher quality' than the comparative products used in our assessment. Moreover, Aldi highlights that their cans of beans carry more weight than some alternatives. ‌ An Aldi spokesperson further stated: "Our promise to customers is that they will make significant savings every time they shop with Aldi, which is why we've been named Which? Cheapest Supermarket of the Year for four years running." Regarding meat offerings, our price survey includes the least expensive option for mince at each retailer; at Aldi, Lidl, and Morrisons, this is a 25% fat content variant, while the other supermarkets offer a 20% fat product, generally perceived as being of higher quality. Asda also took issue with the comparison, contending that our limited selection of goods does not reflect the broader context of pricing and neglects their promotional offers. The supermarket suggests that its Just Essentials range outcompetes others in terms of both size and price, standing shoulder to shoulder with Aldi's options. ‌ A spokesperson for Sainsbury's has responded to a product review, stating: "This review of a limited number of products does not reflect the fantastic value our customers will find at Sainsbury's. We are committed to offering the best possible value across a wide variety of products, whether that's through our value Stamford Street range, Low Everyday Prices, Nectar Prices, or our current biggest ever Aldi Price Match offer." Here is a selection of staple items and their prices from some of your favourite supermarkets: Lidl's: Loaf of white bread 800g - 47p ‌ Milk 2 pints - £1.20 Coffee 200g - £1.99 Teabags 240 - £2.79 (equivalent to £1.86 for 160) ‌ Salted butter 250g - £1.99 Beans 420g tin - 27p Chicken 300g - £2.29 ‌ Mince 500g 25% fat - £2.95 The total comes to £13.02 At Aldi, the prices are: ‌ Loaf of white bread 800g - 49p Milk 2 pints - £1.20 Coffee 200g - £1.99 ‌ Teabags 160 - £1.99 Salted butter 250g - £1.99 Beans 420g tin - 27p ‌ Chicken 300g - £2.25 Mince 500g 25% fat - £2.89 This totals £13.07 ‌ Asda: Loaf of white bread 800g - 49p Milk 2 pints - £1.20 Coffee 200g (2 x 100g) - £2.16 ‌ Teabags 160 (4 x 40-pack) - £1.80 Salted butter 250g - £1.99 Beans 410g tin - 28p ‌ Chicken 300g - £2.28 Mince 500g 20% fat - £2.89 The total here is £13.09 ‌ Morrisons' price list includes: Loaf of white bread 800g - 47p Milk 2 pints - £1.25 ‌ Coffee (2 x 100g) - £2.30 Teabags 160 (2 x 80-pack Savers) - £1.80 Savers Salted butter 250g - £1.99 ‌ Beans 410g tin - 26p Chicken 300g - £2.65 for 330g (which equates to £2.41 for 300g) Mince 500g 25% fat - £2.75 ‌ The total cost at Morrisons is £13.23 Tesco: Loaf of white bread 800g - 49p Milk 2 pints - £1.20 ‌ Coffee 200g (2 x 100g) - £2.30 Teabags 160 (2 x 80-pack) - £1.80 Salted butter 250g - £1.99 ‌ Beans 420g tin - 28p Chicken 300g - £2.40 for 320g, equates to £2.25 for 300g (down from £2.29 for 300g) Mince 500g 20% fat - £2.99 ‌ Total £13.30 (down from 13.34) Sainsbury's: Loaf of white bread 800g - 49p Milk 2 pints - £1.20 ‌ Coffee 200g - £2.30 Teabags 160 - £1.99 Salted butter 250g - £1.99 ‌ Beans 400g tin - 26p Chicken 300g - £2.40 for 320g, equates to £2.25 for 300g (down from £2.29 for 300g) Mince 500g 20% fat - £2.99 Article continues below

Supermarket is now UK's 'most expensive' after promising to 'take on' Aldi
Supermarket is now UK's 'most expensive' after promising to 'take on' Aldi

Edinburgh Live

time28-04-2025

  • Business
  • Edinburgh Live

Supermarket is now UK's 'most expensive' after promising to 'take on' Aldi

Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info A supermarket that pledged to 'take on' Aldi has now become one of the most expensive in our weekly price comparison. Just earlier this month, Sainsbury's was ranking as the fourth cheapest behind Asda, Aldi and Lidl for a basket of eight key grocery essentials including bread and milk. However, for the third consecutive week, it's proving to be the priciest retailer, snatching the unfortunate title from Tesco, which had been the most expensive every week since mid-December. Following several price hikes at supermarkets over recent weeks, this week thankfully sees just two changes - both reductions - with Tesco and Sainsbury's lowering the price of their chicken breasts to match Aldi and Lidl. We've previously reported how Sainsbury's CEO Simon Roberts shared his vision to 'take on' Aldi, confessing he was ready to accept a dip in profits in the short term to ensure competitiveness for shoppers, reports the Manchester Evening News. In 2023, the retailer ramped up its fight against the budget retailer, increasing the number of items in its Aldi Price Match scheme; launching its Nectar Prices, similar to Tesco Clubcard; and also consolidating all of its budget products under the single Stamford Street label - named after Sainsbury's former home in London's Blackfriars. But the bill for the eight items - milk, bread, butter, beans, tea, coffee, mince and chicken - is now £13.47, compared with Tesco's £13.30. Lidl takes the crown for being the cheapest supermarket for a second consecutive week, coming in with a shopping bill totalling just £13.02. Close on its heels are Aldi at £13.07 and Asda at £13.09, followed by Morrisons' £13.23 grocery tab. However, this ranking has not gone unchallenged. An Aldi spokesperson contested the comparisons, emphasising differences in product quality that aren't considered in the list. Specifically, they claimed that Aldi's Diplomat Red Label tea bags and coffee are of 'higher quality' than the comparative items listed while also mentioning their tins of beans weigh more than some competitors. Adding to their defence, the spokesperson stated: "Our promise to customers is that they will make significant savings every time they shop with Aldi, which is why we've been named Which? Cheapest Supermarket of the Year for four years running." Meat products have also come under scrutiny in our price comparison; it includes the lowest price packs of mince from each store, and here the fat content differs—a fact pointed out by critics. Aldi, Lidl, and Morrisons sell 25% fat packs whilst others offer the slightly higher grade 20% fat options, which is generally seen as better quality meat. Meanwhile, Asda has voiced disagreements, suggesting our product selection offers only a narrow view and fails to consider the wider range of prices and special deals offered. Asda argues that given a larger scope, their Just Essentials range is matched in price only by Aldi, firmly positioning them among the top contenders for cost-conscious consumers. (Image: Manchester Family / MEN) (Image: Manchester Family/MEN) (Image: Manchester Family / MEN) A Sainsbury's spokesperson defended their price points, saying: "This review of a limited number of products does not reflect the fantastic value our customers will find at Sainsbury's. We are committed to offering the best possible value across a wide variety of products, whether that's through our value Stamford Street range, Low Everyday Prices, Nectar Prices, or our current biggest ever Aldi Price Match offer." Meanwhile, Lidl showcased its competitive prices with a list of essentials:. - Loaf of white bread 800g - 47p. - Milk 2 pints - £1.20. - Coffee 200g - £1.99. - Teabags 240 (equates to £1.86 for 160) - £2.79. - Salted butter 250g - £1.99. - Beans 420g tin - 27p. - Chicken 300g - £2.29. - Mince 500g 25% fat - £2.95. The total cost at Lidl comes to £13.02. Aldi closely trailed behind with its own pricing:. - Loaf of white bread 800g - 49p. - Milk 2 pints - £1.20. - Coffee 200g - £1.99. - Teabags 160 - £1.99. - Salted butter 250g - £1.99. - Beans 420g tin - 27p. - Chicken 300g - £2.25. - Mince 500g 25% fat - £2.89. This gave Aldi a total of £13.07. Asda offered similar affordability:. - Loaf of white bread 800g - 49p. - Milk 2 pints - £1.20. - Coffee 200g (2 x 100g) - £2.16. - Teabags 160 (4 x 40-pack) - £1.80. - Salted butter 250g - £1.99. - Beans 410g tin - 28p. - Chicken 300g - £2.28. - Mince 500g 20% fat - £2.89. Their total matched up to £13.09. Morrisons' basket included:. - Loaf of white bread 800g - 47p. - Milk 2 pints - £1.25. - Coffee (2 x 100g) - £2.30. - Teabags 160 (2 x 80-pack Savers) - £1.80. - Savers Salted butter 250g - £1.99. - Beans 410g tin - 26p. - Chicken 300g - £2.65 for 330g, which equates to £2.41 for 300g. - Mince 500g 25% fat - £2.75. With a total of £13.23, Morrison's rounds out the comparison. Tesco began their list similarly:. - Loaf of white bread 800g - 49p. - Milk 2 pints - £1.20. - Coffee 200g (2 x 100g) - £2.30. Teabags 160 (2 x 80-pack) - £1.80. Salted butter 250g - £1.99. Beans 420g tin - 28p. Chicken 300g - £2.40 for 320g, equates to £2.25 for 300g (down from £2.29 for 300g). Mince 500g 20% fat - £2.99. Total £13.30 (down from 13.34). Sainsbury's. Loaf of white bread 800g - 49p. Milk 2 pints - £1.20. Coffee 200g - £2.30. Teabags 160 - £1.99. Salted butter 250g - £1.99. Beans 400g tin - 26p. Chicken 300g - £2.40 for 320g, equates to £2.25 for 300g (down from £2.29 for 300g). Mince 500g 20% fat - £2.99.

Supermarket giant adds over 100 more shopping essentials to ‘biggest ever Aldi Price Match'
Supermarket giant adds over 100 more shopping essentials to ‘biggest ever Aldi Price Match'

Scottish Sun

time23-04-2025

  • Business
  • Scottish Sun

Supermarket giant adds over 100 more shopping essentials to ‘biggest ever Aldi Price Match'

SHOP TO IT Supermarket giant adds over 100 more shopping essentials to 'biggest ever Aldi Price Match' Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A SUPERMARKET giant is adding more than 100 products to its Aldi Price Match. Sainsbury's said it will now price match the discount retailer on 800 products - more than any other retailer. Sign up for Scottish Sun newsletter Sign up 4 The newly expanded range spans everything from summer picnic essentials to everyday bathroom basics, all priced to match Aldi Credit: Getty - Contributor 4 The Aldi Price Match is just one of several ways Sainsbury's is helping customers save Credit: Getty 4 Inflation surged in January to 3 per cent, the highest in ten months, according to the Office for National Statistics (ONS) Credit: AFP The newly expanded range spans everything from summer picnic essentials to everyday bathroom basics, all priced to match Aldi. Shoppers can now pick up dips like houmous and tzatziki, quiches, sausage rolls, and even ice cubes at unbeatable value, perfect for garden parties, barbecues, or sunny days at the park. But the value doesn't stop at picnic fare. Sainsbury's is also cutting prices on a broad selection of household staples, including shower gel, handwash, cotton pads, and period care, making everyday savings more accessible for families. Richard Crampton, Sainsbury's Commercial Director for Fresh and Convenience, said: 'With household costs going up, we're working hard to help budgets stretch further. "Our biggest ever Aldi Price Match means customers can save on summer favourites and daily essentials without compromising on quality.' For the first time, the initiative also extends to alcohol, including red, white, and sparkling wines. Bottles of Prosecco, Cava, and even Champagne are now included, just in time for summer celebrations. This expansion comes as other major supermarkets scale back. Tesco and Asda have both reduced the number of items in their Aldi price match schemes this year, leaving fewer savings on offer. While Sainsbury's had also trimmed its list earlier in the year, this latest move marks a strong return to value-focused competition. The Aldi Price Match is just one of several ways Sainsbury's is helping customers save. It also offers Nectar Prices on over 9,000 products, personalised Your Nectar Prices, and its Low Everyday Prices programme, all designed to bring down the cost of the big shop. Together, these initiatives saved customers £2 billion in 2024 alone. It comes after a number of supermarkets have scaled back their Aldi price match schemes, as they struggled to keep up with the ultra-cheap supermarket. Back in February, Asda said it would no longer run the offer and instead launched a new "Rollback" scheme which saw it reduce the cost of over 4,000 products. In the same month ,Sainsbury's said it would reduce the number of products offered in the scheme. Tesco also removed over 100 products from its Aldi Price Match scheme. Morrisons also runs an Aldi and Lidl price matching scheme for its customers. It comes after Sainsbury's price squeeze earlier this year, when the retailer quietly cut its Aldi Price Match list by 75 items, dropping from 681 products in November to just 606. The move followed a similar rollback from Tesco, which also scaled back its own price match offer. MORE WAYS TO SAVE The Aldi Price Match is part of a wider savings strategy from Sainsbury's. It also includes: Nectar Prices on over 9,000 products, Your Nectar Prices, tailored discounts for loyalty members, Low Everyday Prices on cupboard staples Examples of products included in Sainsbury's Aldi price match scheme By Sainsbury's Normal Ultra Towels x16 Stamford Street Co. Round Cotton Pads x200 Sainsbury's Collection Moisture Handwash 500ml Sainsbury's Greek Feta 200g Sainsbury's Winemaker's Selection Prosecco Frizzante 75cl Sainsbury's Quiche Lorraine 400g Sainsbury's Houmous 200g Sainsbury's Tzatziki 200g​ WHAT IS PRICE MATCHING? Price matching has become common practice among the 'Big Four' supermarkets as the cost of living crisis has sent shoppers on the hunt for cheap goods. Morrisons price matches with Lidl and Aldi and will update prices to match the cheapest on a weekly basis. You can also find a price comparison sheet on its website by visiting Ocado price matches with Tesco on over 10,000 products, and will automatically give shoppers a voucher for the difference if they buy a product which is cheaper at the rival. This includes promotions and Clubcard prices and is up to a maximum value of £10. The items can vary and are either identical branded goods or similar and comparable own-brand items. Items which are price matched can be seen when shopping on the Ocado website as they are marked with a red £ symbol. It comes as world events such as Russia's invasion of Ukraine and the aftermath of the Covid-19 pandemic have sent the cost of everyday goods skyrocketing in recent years. While prices have cooled over the last 18 months, many shoppers are still feeling the pinch. Supermarket loyalty schemes - which has one? MOST UK supermarkets have loyalty schemes so customers can build up points and save money while they shop. Here we round up what saving programmes you'll find at the big brands. Iceland: Unlike other stores, you don't collect points with the Iceland Bonus Card. Instead, you load it up with money and Iceland will give you £1 for every £20 you save. Lidl Plus: Lidl customers don't collect points when they shop, and are instead rewarded with personalised vouchers that gives them money off at the till. Morrisons: The My Morrisons: Make Good Things Happen replaces the More Card and rewards customers with personalised money off vouchers via the app. Sainsbury's: While Sainsbury's doesn't have a personal scheme, it does own the Nectar card which can also be used in Argos, eBay and other shops. You need 200 Nectar points to save up £1 to spend on your card. You need to spend at least £1 to get one Nectar point. Tesco: Tesco Clubcard has over 17million members in the UK alone. You use it each time you shop and build up points that can be turned into vouchers - 150 points gets you a £1.50 voucher. Here you need to spend £1 in Tesco to get one point. Waitrose: myWaitrose also doesn't allow you to collect points but instead you'll get access to free hot drinks, and discounts off certain brands in store.

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