Friday, January 24, 2014

Poundland Boosts Case for �800m Float with Record Breaking Christmas Sales

British retailer Poundland recorded a Christmas sales bonanza, increasing the possibility of the company embarking on a �800m flotation. It reported that for the 13 weeks to 31 December 2013 gross sales were up 12.4% year-on-year to �348.8m ($579.7m, ?423.7m), as�shoppers stocked up on advent calendars and gifts for pets. Poundland chief executive Jim McCarthy said:�"I am pleased to report ...

Source: http://uk.news.yahoo.com/poundland-boosts-case-800m-float-record-breaking-christmas-090502145.html

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