Poundland
This coverage explores Poundland’s strategy and performance in the UK retail sector, focusing on store operations, product range development, pricing strategies, marketing campaigns, and leadership decisions. Reporting highlights how Poundland competes in the value retail segment, adapts to consumer demand, and manages operational challenges — providing insight for executives, managers, and professionals in discount and general merchandise retail.
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Jan- 2022 -7 JanuaryHigh Street
Poundland unveils plans to open four larger stores
Poundland has announced plans to open four new large format stores this year as part of its “ambitious” transformation targets. The retailer also revealed plans to bring its chilled and frozen food ranges to around 100 more stores between now and the end of its financial year in September. The…
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5 JanuaryHigh Street
Pepco Group CEO steps down due to health reasons
Poundland owner Pepco Group has announced that CEO Andy Bond will step down at the end of March due to health reasons. As a result, the board has appointed Trevor Masters, currently group COO and MD of Pepco, to the role of interim CEO from 31 March 2022. He will…
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Dec- 2021 -14 DecemberHigh Street
New store openings boost Poundland sales
Poundland owner the Pepco Group has announced that earnings soared by 46% to €647m (£552m) in the full-year ended 30 September 2021, as the group reaped the benefits of new store openings over the period. In its latest full-year results, the budget retailer announced that group revenue was also up,…
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Oct- 2021 -13 OctoberHigh Street
Holland & Barrett to close stores on Boxing Day
Holland and Barrett is the latest store to announce plans to close all its stores in the UK and Ireland on Saturday, 25 December and Sunday, 26 December 2021, as a “thank you to colleagues for their efforts during the pandemic”. It follows in the footsteps of Morrisons, Marks and…
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11 OctoberHigh Street
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating officer (COO), effective from 1 January 2022. Masters will be based in Poland and retain his current leadership responsibilities as managing director (MD) as well as providing “strategic direction and…
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Aug- 2021 -17 AugustHigh Street
Poundland taps into schoolwear market with new range
Poundland has tapped into a new market with its back-to-school range which launched this week. The new range offers schoolwear essentials such as polo shirts from £1, trousers and skirts from £3 and a seven sock pack from £2. The group became a one of the UK top 20 clothing…
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Jul- 2021 -26 JulyHigh Street
Pepco to create 13,000 European jobs
Pepco Group, the owner of discount retailers Poundland and Dealz, has revealed plans to add 13,000 staff members across its European operations over the next three years. Andy Bond, chief executive at the group, told Reuters that the majority of jobs would come on the continent as Pepco looks to…
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16 JulyHigh Street
Poundland owner welcomes ‘resilient’ trade in Q3
Pepco, the owner of Poundland, has welcomed a period of “resilient trading” in its third quarter, with the group revealing a like-for-like sales increase of 37.3% and 21.1% respectively for both its Pepco and Poundland brands. Total group revenue also increased 30.3% over the same period, rising to €1.043m (£8.9m). …
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Jun- 2021 -24 JuneSupermarkets
Poundland wins £2.15m HMRC VAT case
Poundland has won a £2.15m VAT case against HMRC regarding a stock adjustment dispute on the group’s switch from the old bespoke retail scheme. For businesses that earn an annual turnover of at least £100m, such as Poundland, it is necessary for a bespoke retail scheme to be agreed with…
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24 JuneNews
Poundland owner revenues up 9% in H1
Pepco Group, the owner of Poundland, has welcomed a “positive trading performance” in its H1 results, reporting total revenue growth of 9%. Its trading stores saw a like-for-like growth of 5%, which was consistent with the past three years’ performance pre-pandemic. Group like-for-like sales fell by 2.1%, however, reflecting the…
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