All Poundland articles
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News
Poundland receives new takeover bid from Lakeland owner
Value giant Poundland has received two new takeover offers, according to reports.
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News
Shoplifting has reached yet another record high
Shoplifting offences recorded by police in England and Wales have yet again reached its highest level, according to the Office for National Statistics (ONS).
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News
Bensons for Beds owner mulls bid for Poundland
Alteri, the owner of Bensons for Beds, has emerged as one of several potential contenders to take over discounter Poundland.
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News
Former Wilko boss takes up senior role at Poundland
The ex-chief executive of embattled variety store group Wilko has joined the leadership team of value specialist Poundland as its owner considers a sale, Retail Week can reveal.
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News
Pepco ‘actively exploring separation options’ for Poundland
Pepco Group has said it is “actively exploring separation options” for Poundland as it aims to focus on a single format and move away from fast moving consumer goods (FMCG).
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News
Former Poundland boss takes top role at builders’ merchant
The ex-boss of Poundland has taken up a new role.
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Opinion
‘The future of struggling Poundland is likely to be revealed next week’
In the current trading environment, value specialist Poundland should be flying. It’s not.
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News
Poundland body cameras cut incidents of store crime and violence
Value giant Poundland has reported a drop in violence and theft across stores after it deployed body cameras for its employees.
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News
Poundland’s managing director has stepped down amid reports of a sale
Poundland’s managing director Austin Cooke has left the value retailer amid reports of a potential sale.
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News
Poundland owner weighs changes as it calls in advisers
The owner of UK value retailer Poundland has drafted in advisers to explore options to arrest the business’ slump.
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News
Poundland suffers sales plunge in Christmas quarter
Value specialist Poundland’s like-for-likes fell in the Christmas quarter, parent Pepco reported.
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News
Poundland invests in technology as it ‘cracks down on in-store crime’
Poundland has announced that it is “investing significantly in security enhancements” and pledged to crack down on crime as it launched its ‘Against Retail Crime’ initiative.
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Analysis
Warsaw pact: How Poundland’s poor performance is starting to weaken its Pepco alliance
While its parent company Pepco is flying, Poundland has problems. Why is the high street value staple performing so badly at a time when it should be going from strength to strength?
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News
Poundland impairment charge has cost Pepco hundreds of millions in losses
Poundland owner Pepco has reported a net loss due to a non-cash impairment charge for the high street discounter.
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News
Poundland cuts prices to ‘reduce costs for customers’ after Budget tax rises
Value retailer Poundland has unveiled a raft of price reductions on essential items following yesterday’s Budget.
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Retail Navigator Analysis
Poundland (Strategy)
Just one day after launching its Poundland Perks digital loyalty scheme across the UK, Poundland’s new nationwide rewards programme became the top free app across Apple and Google Play stores.
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News
Poundland rewards scheme has become the top free app one day after launching
Poundland’s new nationwide rewards programme has become the top free app across Apple and Google Play stores just one day after launching.
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News
Poundland has launched its rewards app across the UK as part of £20m investment
Value retailer Poundland is rolling out its rewards app in-store and online across the UK alongside a £20m investment.
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Retail Navigator Analysis
Poundland (Financials)
Pepco Group reported that Poundland Group (comprising Poundland in the UK and Dealz outside the UK – the Republic of Ireland, Spain and Poland) sales increased 5.9% year on year on a reported basis to €2.23bn (£1.95bn) for the financial year to 30 September 2023 (FY2023), while UK and ROI sales increased 5.9% to €2.0bn (£1.74bn). The Poundland Group contributed 40% of the Pepco Group total revenue. Total Poundland Limited sales (UK, Republic of Ireland and Isle of Man) increased 11.7% to £1.77bn for the 53 weeks to 1 October 2023 (FY2023).
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News
Pepco is expecting to see ‘record revenues’ despite ongoing supply chain disruption
Pepco Group, which owns Poundland and Dealz, said it expects to see “record revenues” for the full year despite continuing supply chain issues.