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 -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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14 JunePeople Moves
BRC names new chairman
The BRC has announced the appointment of Andy Higginson as the new incoming chairman to succeed Tony De Nunzio in September this year. Higginson has over 30 years of senior executive and non-executive experience in the retail industry in the UK and internationally, covering major brands. Previously, he was CFO…
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May- 2023 -19 MayNews
Poundland to seek new London locations following Bow store refurb
Discount store chain Poundland has announced it is continuing to seek out locations in the M25 for its new store format. The move follows successful openings of its ‘Local’ stores over the last six months in East Dulwich, Clapham, Swiss Cottage and Whitechapel. The announcement coincides with an extension to…
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18 MayHigh Street
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner is set to open a new store in Coimbra on 18 May followed by new openings in Albufeira and Olhão during May 2023. The brand will also set up stores…
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Apr- 2023 -25 AprilClothing & Shoes
JD Sports appoints two new directors to board
JD Sports has appointed Angela Luger and Darren Shapland as its newest non-executive directors, with effect from 1 June 2023. Following their appointments, Luger will join the remuneration committee while Shapland will join the audit and risk committee. Luger brings a “wealth” of retail and non-executive director experience to the…
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21 AprilHigh Street
Poundland owner sees revenues rise 23% in H1
Pepco Group, the owner of Poundland, has welcomed “encouraging” results in its second quarter and first half of trading despite ongoing inflationary pressures in the market. Group revenues in H1 rose by 22.8% year-on-year to €2.8bn (£2.5bn), driven by strong Pepco growth of 36.9%. In addition, like-for-like revenues were up…
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