Poundland owner Pepco’s sales soar as it increases store expansion plans

Exterior of Poundland store

Pepco has upped its store expansion goals for the year to drive further growth.

The discount retailer, which owns the Pepco and Dealz brands in Europe as well as Poundland in the UK, recorded revenues up 17.1% to €1.2bn (£1bn) year on year on a constant currency basis.

Sales were up 4.9% on a like-for-like basis across the group in the third quarter to June 30.

 

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