Pepco

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…

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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…

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Today’s news in brief-28/4/25

Mohsin Issa, co-founder of EG Group, has stepped down as CEO but will retain a significant minority stake and remain…

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Hilco Capital and Endless table offers for Poundland

Several potential buyers have reportedly tabled their offers to acquire Poundland, after the retailer has been hit by struggling sales…

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Is going private the next big trend in retail?

Walgreens Boots Alliance was acquired by the American private equity firm Sycamore Partners in a deal valued at up to…

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Today’s news in brief-6/3/25

Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand,…

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Pepco explores potential sale of Poundland amid trading challenges

Pepco has announced that it is “actively exploring” a potential sale of Poundland amid rising pressures on the business, and…

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River Island drafts in AlixPartners to tighten costs

River Island has brought in AlixPartners to work on a cost reduction and profit improvement exercise ahead of the planned…

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Today’s news in brief-16/1/25

The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This…

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Pepco plans to get Poundland ‘back on track’ following weak Q1 sales

Poundland owner Pepco has pledged that getting Poundland “back on track” is its key priority after sales at the discount…

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