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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Apr- 2021 -6 AprilHigh Street
Poundland set for 30 new store openings
Poundland has announced that it is set to open up to 30 Poundland and Dealz stores across the UK and Ireland over the 12 months to 30 September 2021. The discount retailer also revealed that it brought 29 stores out of “hibernation” in February, and plans to reopen a further…
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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…
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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…
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Oct- 2020 -12 OctoberHigh Street
Poundland acquires Fulton Foods
Poundland has announced its acquisition of Fulton Foods, the Northern frozen food retailer, as the latest part of its transformation programme. The company has been working with Fulton for the last 12 months on the development of its chilled and frozen food range, as well as growing its distribution network.…
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May- 2020 -15 MayCoronavirus
Poundland to reopen 36 stores across the UK
Discount chain Poundland has revealed it is set to open 36 stores across the UK next week as it begins to reopen its store estate. While most of Poundlands stores have remained open for “essential” shopping, In March, the retailer closed around 100 stores that were located close to another…
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Mar- 2020 -31 MarchHigh Street
Poundland to temporarily close 32 UK stores amid Covid-19 outbreak
Discount retailer Poundland has announced the temporary closure of 32 of its stores amid the Covid-19 virus outbreak, resulting in staff receiving 80% of their average earnings due to the government’s Jobs Retention Scheme. Shop workers’ trade union Usdaw said the retailer is asking employees to voluntarily agree to be…
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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…
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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…
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Aug- 2019 -29 AugustHigh Street
Retailers urged to do more to prevent sales of knives to under 18s
Trading Standards is urging retailers to do more to prevent the sale of knives to children, after 15% of its test saw under 18s sold knives last year. Of 2231 tests, carried out in England and Wales between 1 April 2018 and 31 March 2019, retailers failed to prevent the…
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14 AugustHigh Street
Steinhoff confirms refinancing after accounting ‘scandal’
Poundland owner Steinhoff has confirmed refinancing of €9bn (£8.3bn) of debt after the company was involved in an accounting ‘scandal’ over the last few years. The group announced this in its half year report, where European revenue rose by 13% to €1.7bn (£1.57bn) for the period up to 31 March…
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