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High Street

Poundland owner reports positive growth of 12.5% in Q3

There have been 325 net new store openings in the nine months to date, including 159 in Q3, with the group on track to open 550 net new stores in FY23

Pepco Group, the owner of Poundland, has reported that third quarter revenues hit €1.37bn (£1.17bn), up by 12.5% year-on-year, with Poundland revenues up by 8.6% despite a “challenging” trading environment.

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