Poundland owners Pepco Group released its year end results, for the year ending 30 September 2022, which showed like-for-like sales at the Poundland Group, which includes stores under the Dealz banner in Ireland, Poland, and Spain, grew by 2.6%. Total sales grew by 5.0%, at constant currencies, to £1.87 bn. Pepco Group’s revenue increased by 5.2% to €4.82 bn. What is driving growth for Poundl...

As Tesco reports on its performance in H1, which showed Group sales, excluding VAT and fuel, rose 3.5% (at constant exchange rates) to £28.2 bn, I look at the five key numbers that stood out in the results. 1. UK like-for-like growth of 0.7% Versus recent announcements from Co-op and Morrisons , which saw them post like-for-like sales contractions of 0.7% and 3.1%, albeit for differe...

In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...