Poundland

Today’s news in brief-24/10/23

Furniture retailer ScS has agreed to be acquired by Italian brand Poltronesofà in a £99.4m deal. This acquisition, representing a…

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Poundland to recruit 1,200 colleagues this festive season

Poundland has confirmed its plans to recruit 1,200 colleagues to work in stores across the UK and Ireland this festive…

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Today’s news in brief-12/10/23

Next is reportedly in the final stages of acquiring clothing brand FatFace in a deal worth over £100 million. This…

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Poundland owner revenues hit €5.6bn in FY23

Pepco Group, owner of Poundland in the UK and Dealz brands in Europe, reported a 17.7% revenue increase to €5.6bn…

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Poundland to open nine more converted Wilko stores

Poundland has confirmed another nine former Wilko stores have been converted and will open their doors the upcoming weekend. The…

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How Poundland repurposed 10 Wilko stores in two weeks

The biggest story in retail over the last few weeks has undoubtedly been the struggles and eventual collapse of Wilko.…

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Today’s news in brief-04/10/23

Aurelius Group, the parent company of Lloyds Pharmacy, has reportedly emerged as a contender in the race to acquire The…

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Wilko store deals at risk as new owners renegotiate leases

The proposed rescue deals for over 100 Wilko stores could reportedly be at risk as the new owners try to…

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Pepco reshuffles management team amid difficult trading conditions

Pepco has experienced an increasingly challenging trading environment over recent weeks within its core markets of Central and Eastern Europe,…

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Today’s news in brief-28/09/23

Rami Baitiéh will take over as Morrisons’ new CEO from November, succeeding David Potts, who has held the position for…

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