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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Oct- 2023 -12 OctoberNews
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 (£4.8bn) during FY23. The revenue increase was a result of strong growth of 24.8% at its Pepco brand and 8.4% at Poundland. Group revenue for the fourth financial quarter ended…
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10 OctoberNews
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 announcement comes after an additional 20 former Wilko stores had already opened as a Poundland in the past week. The English and Welsh Poundland stores that will open on Saturday…
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6 OctoberFeatures
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. The company fell into administration in August and just a month later it was announced that all of its stores would be closing. As a result, two of its rivals…
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4 OctoberNews
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 Body Shop. This places Aurelius Group alongside Elliot Advisors, owner of Waterstones, and private equity firm Epiris as potential buyers. The move comes following The Body Shop’s decision to put…
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4 OctoberSupermarkets
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 negotiate better terms with landlords, according to The Times. The outlet revealed that B&M, which agreed a deal for over 50 Wilko stores, is thought to have delayed completing some…
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Sep- 2023 -29 SeptemberNews
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, with weaker consumer demand for our key clothing and general merchandise categories. As a result, the company has decided to reshuffle its management team, with managing director Anand Patel stepping…
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28 SeptemberNews
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 nine years. Baitiéh, previously a chief executive at Carrefour France, will work closely with Potts during the transition. Potts expresses confidence in Morrisons’ future growth, highlighting the company’s unique position…
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28 SeptemberSupermarkets
Poundland to open 10 former Wilko stores
Poundland has announced it is set to open 10 former Wilko stores this Saturday (30 September) after it secured an agreement with administrator PwC to take an option on a number of Wilko store leases. The following Wilko stores will open on Saturday morning: Broad Street, Chell Road, Stafford, ST16…
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20 SeptemberNews
Poundland launches rebranded website
Poundland has today (20 September) relaunched its website, which now includes a range of around 3,000 items for home delivery. The launch of Poundland.co.uk has been made possible by the digital migration of its Poundshop.com operation and the opening of a second digital fulfilment hub at its distribution centre in…
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18 SeptemberNews
Today’s news in brief
Mike Ashley is reportedly in talks to sell the online clothing label Missguided to Shein, a Chinese-founded online fashion platform. If successful, this would mark Shein’s first acquisition of a British fashion brand. The deal is anticipated to cover Missguided’s brand and intellectual property, with Ashley’s company retaining its head…
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