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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Sep- 2023 -18 SeptemberHigh Street
Over 100,000 retail jobs lost since 2020 after Wilko collapse
The number of retail job losses since 2020 is set to pass 100,000 as a result of the 12,500 jobs at risk after the collapse of Wilko, according to data from the Centre for Retail Research. The latest data shows that there have been more than 17,000 jobs lost at…
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15 SeptemberPeople Moves
Pepco Group CEO steps down
Pepco Group has confirmed that Trevor Masters has stepped down as CEO of the company with immediate effect. Andy Bond, chair of the group’s board, will step into the role of executive chair, leading the executive team and overall management of the company until a successor CEO is appointed. Bond…
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13 SeptemberHigh Street
The Range agrees £5m deal for Wilko brand
Value retail chain The Range has agreed a deal to purchase the Wilko brand in a deal worth £5m, according to reports from Sky News. The deal is expected to be announced later on Wednesday and will be the latest in a series of transactions signed by administrators PwC. More…
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12 SeptemberHigh Street
Poundland acquires up to 71 Wilko stores
Poundland owner Pepco Group has announced today (12 September 2023) that it has agreed with PwC to take control of up to 71 Wilko store leases. Lease assignments are expected to be completed in early Autumn, enabling these stores to join Poundland’s existing 800-plus UK estate and trade through the…
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12 SeptemberSupermarkets
Grocery price inflation drops to 12.2%
Grocery price inflation has dropped to its lowest level in over 12 months at 12.2% for the four weeks to 3 September 2023, according to the latest data from Kantar. Take-home sales from the grocers rose by 7.4% compared with the same period in 2022, a slight increase on the…
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11 SeptemberHigh Street
HMV owner fails with Wilko rescue deal
A rescue deal for collapsed high street retailer Wilko which could have saved thousands of jobs has failed after HMV owner Doug Putman pulled out of the deal due to rising costs. Putman had reportedly planned to keep up to 300 stores, however it is thought that the deal was…
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Aug- 2023 -15 AugustHigh Street
Wilko competitors consider bids for its estate
Wilko’s non-food market competitors Poundland, B&M, The Range and Home Bargains are reportedly among the companies looking to settle a deal to acquire the collapsed business, The Sun has reported. The retailers have until tomorrow (Wednesday 16 August) to register their offers with PwC, Wilko’s administrator. It is understood that…
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Jul- 2023 -25 JulySupermarkets
Poundland brings back £1 price point amid lessening inflation
Poundland has today (25 July) reduced the price of big brand “family favourite” products, many of which went back to a £1 price point, following last week’s inflation data showing price rises are moderating from 8.7% in May to 7.9%. The retailer’s price reduction, which has been dubbed ‘Operation Sell…
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13 JulyHigh Street
Poundland owner reports positive growth of 12.5% in Q3
Pepco Group, the owner of Poundland, has reported that third quarter revenues hit €1.37bn (£1.17bn), up by 12.5% year-on-year, with Poundland revenues up by 8.6% despite a “challenging” trading environment. Poundland delivered a particularly strong trading performance in Q3, driven by consumers prioritising spend on FMCG items, with like-for-like revenues…
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Jun- 2023 -23 JuneNews
Poundland accelerates grocery rollout
Poundland has today announced its plans to accelerate its grocery rollout to more stores across the country. The discount retailer has revealed it plans to include chilled, frozen, fresh fruit and veg as well as beers, wines and spirits. The move further strengthens the Poundland’s range revolution that’s taken place…
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