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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?
Earlier this week, discount giant Pepco dropped into the red after the poor performance of Poundland weighed heavily on its results. The Warsaw-listed retailer swung to a €554m (£456.8m) loss, compared to a €154m (£126.9m) profit the previous year.
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