Pepco
This coverage focuses on Pepco’s operations, strategy, and market presence within the UK and European retail landscape. Reporting highlights store expansion plans, pricing strategies, supply chain developments, leadership updates, and financial performance. Aimed at professionals monitoring value retail formats and analysing competitive dynamics across discount and general merchandise sectors.
-
Aug- 2025 -27 AugustHigh Street
Poundland saved from collapse as restructure is approved
Poundland has been saved from collapse just days before the retailer was due to run out of money. Its restructuring plan was approved by a High Court after barristers told a hearing that it would fall into administration by Friday and could run out of money by 7 September if…
Read More » -
12 AugustHigh Street
Poundland confirms location of 12 further store closures
Poundland has confirmed the locations of a further 12 stores that are set to close under its restructuring plan, taking the total number identified to 52 out of 68. As part of the restructuring plan, 13 stores have already closed, with 15 closures planned for 17 August, and 12 planned…
Read More » -
1 AugustEntertainment
The Works appoints former Dunelm CEO as non-exec director
The Works has announced the appointment of former Dunelm CEO, Nick Wharton, as independent non-executive director starting from today (1 August). According to the arts and crafts retailer, its plan is for Wharton to become chair of the audit committee after the group’s annual general meeting. News of the appointment…
Read More » -
Jul- 2025 -28 JulyHigh Street
Pepco calls in advisors to oversee Poundland transition
Pepco Group is reportedly set to draft in advisers to help oversee Poundland’s transition to its new owner, in a process that will lead to store closures and job cuts. According to Sky News, the company has asked FRP Advisory to act as an observer for the move, only weeks…
Read More » -
11 JulyHigh Street
Update: Poundland denies reports of stock shortages
Poundland has denied that it is facing issues to stock certain items following reports major suppliers like Proctor and Gamble and Nestle tightened their credit lines amid uncertainty over the retailer’s future. The retailer called the reports “false” and added that it is has received strong support from suppliers as…
Read More » -
10 JulyHigh Street
Pepco Q3 revenues hit €1.1bn amid Poundland sale
Pepco has revealed that its revenues rose 7.7% to €1.1bn (£950m) for the third quarter ended 30 June 2025, a record for the company in Q3, excluding Poundland. The company completed a deal to sell the Poundland brand to Gordon Brothers for £1 on 12 June 2025. As a result…
Read More » -
Jun- 2025 -17 JuneHigh Street
Poundland to halt rent payments at hundreds of stores amid restructuring
Poundland will reportedly pause rent payments at hundreds of shops if a restructuring plan is approved by creditors later this summer, Sky News has reported. Poundland’s new owner, investment firm Gordon Brothers, which acquired the retailer last week, is proposing to halt all rent payments at ‘Category C’ shops across…
Read More » -
12 JuneHigh Street
Poundland sold to Gordon Brothers for £1
Pepco Group has announced that it has sold Poundland to investment firm Gordon Brothers for £1. The deal will provide the discount retailer with £80m in financing to be used for restructuring and turnaround. The business will continue to operate under the Poundland brand in the United Kingdom and under…
Read More » -
May- 2025 -22 MayHigh Street
Poundland slashes guidance as H1 sales worsen
Pepco Group, the owner of Poundland, has slashed its full-year guidance for the discount chain as trading remained “challenging” in the first half of the year. Poundland is now expected to deliver underlying EBITDA of around €0m to €20m (£0 – £17m) in FY25, compared with previous guidance of €50m…
Read More » -
19 MayHigh Street
Poundland store closures ‘likely’ as sale nears completion
Poundland store closures are reportedly “likely” as Gordon Brothers, the former owner of Laura Ashley, has emerged as a frontrunner to take control of the group, according to The Times. Bids for the group, which is owned by Pepco and employs more than 16,000 people across the UK and Ireland,…
Read More »
