Poundland loss doubles to £85.2m: The discount retailer's pre-tax loss nearly doubled as sales fell 12% to £1.5bn, with owner Gordon Brothers — who bought it for £1 last year — now preparing to sell it again after slashing its store count to 642.
Morrisons declares price war on Big Five: The debt-ridden grocer pledged to match Tesco, Sainsbury's, Asda, Aldi and Lidl on 500 "everyday essentials" despite posting a £629m loss and carrying £7.5bn in net debt from its...
