Pepco

Today’s news in brief-10/12/24

Supermarket sales are set to surpass £13bn in December for the first time, boosted by festive spending and rising grocery…

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Pepco Group suffers £675m Poundland hit

Pepco Group has reported a £675m impairment charge on its UK subsidiary Poundland, as a result of “a significant decline…

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Today’s news in brief-26/9/24

Morrisons has finalised a £370m deal with Song Capital, retaining ownership of 75 supermarket properties’ freehold while receiving income over…

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Poundland owner sales fall amid supply chain disruptions

Poundland owner Pepco Group has reported that like-for-like revenues fell 3.1% during the fourth quarter, as a result of ongoing…

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Today’s news in brief-11/7/24

The UK economy surpassed expectations with a 0.4% GDP growth in May 2024, boosted by improved weather conditions. The services…

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Pepco Group LFL revenue dips 4.3% in Q3

Pepco Group, owner of Poundland, Dealz and Pepco, has reported a 4.3% decline in group like-for-like revenues for its third…

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Today’s news in brief-11/4/24

Ted Baker’s American licensing partner, OSL, is reportedly in pole position to take over the brand’s collapsed UK operation. Administrators…

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Pepco LFL sales dip 2.5% in H1 amid tough comparatives

Poundland owner Pepco Group has reported that group revenues on a constant currency basis rose by 11.1% to £2.73bn (€3.2bn),…

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Poundland to start TV ad campaign to showcase new ranges

Poundland has confirmed it will start advertising its all-new clothing, homewares and grocery ranges on UK and Ireland TV for…

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Jollyes acquired by TDR Capital

Jollyes has been acquired by TDR Capital from previous owners Kester Capital, for what Kester calls a 4.2x return on…

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