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The brand had 150 stores at its peak, predominantly on the West Coast. Anchor Blue declared bankruptcy in 2009 and shuttered more than 50 stores, and gradually shrank to include stores solely in California. It went bankrupt once more in 2011, with the remaining stores closed before Easter of that year.
Zalando was accumulating losses ever since it was founded until it started making a profit in 2014. The most important cost factors for Zalando are fulfilment and marketing costs, both taking up 50% of total revenues alone without the costs of sales included, with marketing costs as high as 25% in 2010.
Poundland is a British variety store chain founded in 1990. It once sold most items at the single price of £1, including clearance items and proprietary brands. The first pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, fearing it could adversely affect the local competition.
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The sale was completed on 2 March 2009, costing £1.57 bn. The conversion and rebranding of Somerfield stores into Coop stores took just over two years and was completed by summer 2011. In 2008, the group bought ten convenience stores trading as Bell's and Jackson's in the north and east of England from Sainsbury's.