Poundland has announced that over 100 items have been cut to £1. This comes as inflation rates have reduced slightly over recent months (although they still remain high). A Poundland spokesperson told Retail Week: “I think there’ll be more of this in the future so this is just the start rather than the end”. “What Poundland sells today is much broader in terms of range. It’s not going ...

Pepco Group (PG), has released its Q3 2023 trading statement covering the period from April to June 2023. While total sales were in line with expectations, like-for-like (LFL) sales growth at the PEPCO banner fell short, leading to concerns over consumer weakness in core Eastern European markets and tougher year-over-year comparisons. LFL Sales Growth Highlights The Q3 2023 trading statemen...

Poundland is to recruit 120 warehouse workers for its South Yorkshire distribution centre as it plans to expand its ecommerce offering. The retailer plans to combine Poundshop.com and Poundland.co.uk once it has established its chilled and frozen facility in its second distribution centre (based in Barnsley). This signals a significant move for the retailer who recently announced an expansion ...