Home Bargains news

31 January 2023
Home Bargains has acquired the variety discounter retailer Quality Save. This was completed on 26 January. Quality Save has 21 stores in the north of England. These will now become part of the Home Bargains estate. Quality Save was already well connected with Home Bargains, with latter's products supplied to Quality Save. Quality Save also shares very similar branding and, in some cases, the same...
06 May 2022
Asda has launched a new price match initiative against Home Bargains, in a move that demonstrates how much of a threat the fast expanding variety discounter has become to the UK’s third largest grocer. Source: IGD Research Price Matching on over 100 lines Home Bargains Price Match extends to over 100 popular branded lines stocked by the variety discounter. While the focus is v...
22 April 2022
Home Bargains sales surpass £3bn The retailer’s revenue increased 20% in the year to 30 th June 2021 to £3.3bn. Alongside this, operational profit increased 52% to £394m in the period. Pre-tax profits rose similarly 51% to £396.7m. Growth was partly driven by new store openings, with the retailer opening 27 in 2021, bringing its total to 552 stores. This followed 19 store openings in 20...
14 September 2021
Recently released results from variety discounters Poundland, Poundstretcher and B&M show the challenges of 2020, and the uncertainty that lies ahead. We look at the results in more detail and consider how each retailer is placed heading into 2022. Poundland full year results show the impact of COVID Poundland’s results for the year ending September 27, 2020, reveal the severe impact COVI...
14 May 2021
With COVID-19 impacting the way people shop, each channel has had to adapt to satisfy changing shopper needs. The discount channel has had a mixed experience dealing with these changes throughout the pandemic. Sales have been negatively impacted due to shoppers using fewer channels and avoiding smaller stores. For the variety discounters, such as Poundland, they have also had challenges including...
09 March 2021
We look at some of our favourite in-store campaigns for Mother’s Day in the UK in 2021. Tesco: ‘For Each and Every Mum’ Tesco is capturing shoppers’ attention with its vibrant and clear Mother’s Day campaign signage. It uses images of mothers and children to help encourage spending driven by emotions. It also makes it easier for shoppers to spot the relevant displays.  Source: ...
05 March 2021
The latest results from variety discounters B&M, Home Bargains and Poundland show a mix in performance. We have seen a continuation of the patterns of previous years, with B&M and Home Bargains growing rapidly and Poundland growing slowly. The results are mainly driven by the retailers differing strategies, with B&M and Home Bargains focused on opening new stores, and Poundland focusing on revamp...
11 May 2020
Variety discounter Home Bargains has expanded its online food box offering, with four options now available to shoppers. Catering to different missions The retailer has added a personal care, baking and confectionery box to its online offering. Source: Home Bargains   Essentials Food Box The retailer launched its essentials food box in late Ap...
27 April 2020
In this article we look at what UK variety discounters are doing to address the challenges created by the Coronavirus (COVID-19) outbreak. Temporary store closures B&M will be closing 49 stores as a response to the current trading conditions. The retailer has not announced what stores these will be, but has said it is likely they will be small format stores Poundland will be closing 1...
04 February 2020
The UK’s Groceries Code Adjudicator (GCA), Christine Tacon, has today (4 February 2020) launched her annual survey, inviting suppliers to share their experiences of trading relationships with major retailers and highlight any issues they are facing. The survey has played a vital role in helping the GCA to achieve progress for suppliers, demonstrating where retailers efforts have improved Code ...