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Poundland owner reports Q1 sales drop

The group posted a 2.1% drop in like-for-like sales over the period due to Covid-19 resulting in store closures

Pepco Group, which owns brands such as Poundland in the UK, has reported a like-for-like sales decline of 2.1% in its first quarter due to lockdown restrictions resulting in store closures across the country.

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