All the updated news related to pepco group

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City

Poundland cashes in on demand for budget food and essentials

Shoppers hunting for deals on food and household essentials have driven up sales at Poundland in recent months, the budget retailer’s owner said. Pepco Group, which owns the Pepco and Dealz brands in Europe and Poundland in the UK, saw its revenues ...

13 Jul 2023 at 15:39

City

Poundland owner posts sales jump amid ‘challenging times’ for UK shoppers

Poundland parent firm Pepco has hailed strong sales despite “challenging times” for customers as the group also said it will accelerate its store opening programme. It came as the retail group said total revenues grew by 17.4% to 4.82 billion ...

12 Oct 2022 at 10:35

Poundland: List of stores closing after restructuring approved

Poundland is to push ahead with more store closures after receiving court approval for a major restructuring plan. In June, the discount retail chain said it planned to permanently shut 68 shops after being sold by Pepco Group to Peach Bidco,...

26 Aug 2025 at 15:26

City

Poundland sold for £1 and set to shut shops in restructuring

Poundland is set to shut dozens of stores after being sold for £1 to investment firm Gordon Brothers. The discount chain, known for primarily selling products for £1, had been put on the market earlier this year after a sharp downturn in ...

12 Jun 2025 at 11:37

City

Poundland set for ‘restructuring’ after takeover by Gordon Brothers

Poundland is set for a “restructuring” process after the high street discount chain was sold to investment firm Gordon Brothers. Pepco Group, which has owned Poundland since 2016, said it has completed the sale of the business for a ...

12 Jun 2025 at 08:15

City

Poundland to shut 68 shops and two warehouses after takeover

Hundreds of jobs are at risk at Poundland after the retailer announced plans to shut 68 shops and two of its UK warehouses following its takeover by investment firm Gordon Brothers. Last week, Pepco Group sold the discount chain ...

17 Jun 2025 at 11:37

City

1,300-plus jobs at risk as Poundland plans to shut 68 shops and two warehouses

More than 1,300 jobs are at risk at Poundland after the retailer announced plans to shut 68 shops and two of its UK warehouses following its takeover by investment firm Gordon Brothers. Last week, Pepco Group sold the discount ...

17 Jun 2025 at 12:25

City

Poundland expected to be sold by owner Pepco by September

The parent firm of Poundland has said it expects to sell the UK discount chain by the end of September. Pepco Group, which has owned the brand since 2016, said it is still considering options for the “separation” of the ...

22 May 2025 at 09:11

City

Poundland owner to take ‘immediate measures’ to halt chain’s sales slump

The parent firm of Poundland has said it is taking “immediate measures” to turn around the performance of the UK discount chain after a sharp drop in sales. Poland-based Pepco Group said the UK business, which runs 825 ...

16 Jan 2025 at 10:20

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