All Poundland articles – Page 5
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NewsHalfords and Poundland post golden-quarter growth
Halfords and Pepco, which owns Poundland, have both reported quarterly sales growth despite ongoing challenges presented by the pandemic.
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NewsPepco Group chief executive Andy Bond to step down
Andy Bond, chief executive of Poundland owner Pepco Group, is to leave the company following seven years in charge.
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NewsPoundland owner Pepco’s profits soar as new store openings boost sales
Pepco has recorded strong growth in profits despite “a challenging Covid-affected trading environment”.
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AnalysisFrom Aldi to Wilko: the retailers closing on Boxing Day 2021
A growing number of retailers are planning to give employees an extra day of leave this festive season by keeping stores shut this Boxing Day. Retail Week tracks which retailers will remain shut on 26 December.
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NewsPoundland owner posts sales and earnings rise
Pepco, owner of the Poundland value retail chain, has reported a rise in annual sales and profits.
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NewsPoundland doubles size of online shopping trial
Poundland’s trial of its online delivery service has been extended to new postcodes in the Midlands and Yorkshire, meaning it is now available to more than 7 million UK consumers.
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NewsPoundland boosts pay and training for lorry drivers amid shortages
Poundland is to offer training packages and enhance its bonus scheme for lorry drivers as it bids to draft in 100 new workers across three of its distribution centres.
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NewsPoundland owner posts rise in sales and profits
Pepco, owner of the the Poundland chain in the UK, has reported increased sales and earnings in its first half.
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NewsPoundland expands online shopping trial to Midlands consumers
Poundland has extended its online trial to almost 2 million customers as it dials up its ecommerce ambitions.
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AnalysisLocation, location, location: where retailers will need stores in a post-Covid world
Retail Week analyses the toll taken on retail destinations over the past 15 months, how they will fare in future and what plans all stakeholders – from local authorities to retailers and landlords – have put in place to bounce back or build momentum.
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GalleryStore gallery: Inside Poundland’s new Local convenience format
Poundland has launched its first Poundland Local convenience store format as it ramps up plans to expand into smaller towns and neighbourhoods across the UK.
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AnalysisMixing it up: How Hotel Chocolat and Joules are diversifying to drive growth
Diversification is a growing trend for retailers, from new product categories to new store formats and other customer propositions. But can adding more strings to your bow offer a route to long-term growth?
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Retail Navigator AnalysisPoundland (SWOT)
With annual UK sales of £1.6bn, Poundland is the clear market leader in one of the fastest-growing segments of UK retailing. Its acquisition of rival 99p Stores led to consolidation across the single-price retail sector, while its main rival Poundworld closed down in 2018. Although it has been expanding its multi-price offer, Poundland continues to also lean into its eponymous £1 price point to help consumers amid rising costs. The launch of its nationwide ecommerce site is likely to see its dominance grow.
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Retail Navigator AnalysisPoundland (People)
Stephan Borchert is chief executive officer of Pepco Group, while Austin Cooke is managing director at Poundland and Dealz.
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Retail Navigator Analysis
Poundland (Overview)
Poundland has capitalised on consumers’ value-seeking shopping habits amid tough economic times. It has been building a multi-price point strategy but from mid-2022 has also been leaning back into its “iconic” £1 price point to help consumers with mounting living costs.
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NewsPoundland owner Pepco to launch IPO in Poland
Poundland owner Pepco is set to list in Poland following months of speculation.
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GalleryIn pictures: Primark, JD Sports and John Lewis lure back shoppers for reopening
As non-essential retail reopens its doors in England on April 12, Retail Week visits key shopping locations to gauge retail offers and shopper appetite.
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NewsPoundland parent Pepco’s profits drop as it ramps up European expansion
Poundland’s owner Pepco Group has reported an uplift in full-year sales as it plans to open 400 new stores per year.
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NewsRussia’s pound shop to launch London IPO
Fix Price, Russia’s version of Poundland, has set a course for a London stock market listing.
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NewsPoundland records festive sales uptick
Poundland parent company PepCo has reported an uplift in first-quarter revenue boosted by the introduction of new price points and product lines.
