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.
-
Feb- 2021 -22 FebruarySupermarkets
Poundland owner to open 400 new stores despite dent to profits
Poundland owner the Pepco Group has announced plans to open 400 stores this year despite posting a drop in profits from €331 (£285m) to €229m (£198.2m) due to the impact of Covid-19. The group said the results for the 52-week period ending 30 September 2020 is primarily related to temporary…
Read More » -
Jan- 2021 -27 JanuarySupermarkets
Poundland owner reports Q1 sales drop
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. Despite this fall in sales, trading stores that were open for the full duration of any…
Read More » -
Feb- 2020 -5 FebruaryHigh Street
Poundland sales jump in first-quarter results
Discount retailer Poundland has reported a 1.3% increase in like-for-like sales for the three-month period ended 23 December 2019. Poundland also reported a “record trading day” on 23 December, serving almost 1.6 million customers. The discount retailer said it benefited from the “continued strong performance” of the Pep and Co…
Read More » -
4 FebruaryHigh Street
Former Poundland owner plans £3.8bn takeover of Pepco
Advent international, the former owner of Poundland, has reportedly teamed up with two rival equity firms to launch a takeover bid for the Pepco Group. According to Sky News, Advent International, which offloaded Poundland in 2010 in a £200m deal, Hellman and Feidman and Mid Europa Partners are preparing a…
Read More »
