Poundland news

14 January 2022
Pepco, owner of PEPCO, Poundland and Dealz, has announced its Q1 trading results. Poundland’s continued evolution drives sales Key numbers for Q1 (ending 31 st December): +12% total group revenue year-on-year (led by PEPCO at +20%) +1.5% like-for-like growth for Poundland Poundland’s results follow a positive FY2021 for the retailer, when it saw like-for-like sales of +...
06 January 2022
The opening week of 2022 has brought with it a number of senior people moves. Below we summarise the key appointments.   Major changes to Asda’s executive leadership team Asda has announced that Nisa CEO Ken Towle will join the retailer’s executive leadership team later this year as retail director. He will succeed Derek Lawlor who has decided to leave the business after six years. ...
16 December 2021
European variety discounter Pepco has reported total revenue growth, in reported currencies, of 17.2%. At constant currencies the retailer said total revenue growth stood at 19.3% for the year, underpinned by the opening of new stores. Retailer ends its financial year operating 3,504 stores During its 2021 financial year Pepco opened 483 new stores, taking its total to 3,504 at the end of t...
19 October 2021
2021 has been a busy year for variety discounter Poundland. It launched an online trial, opened its first convenience store banner, and continued to grow its grocery range. The retailer’s evolution shows no sign of slowing down as we head into winter. Fulton Foods transformations Following its acquisition of the frozen food specialist Fulton Foods in October 2020, Poundland continues to c...
14 September 2021
Recently released results from variety discounters Poundland, Poundstretcher and B&M show the challenges of 2020, and the uncertainty that lies ahead. We look at the results in more detail and consider how each retailer is placed heading into 2022. Poundland full year results show the impact of COVID Poundland’s results for the year ending September 27, 2020, reveal the severe impact COVI...
20 August 2021
Variety discounter Poundland has extended its online delivery trial to Nottingham, Leicester, Coventry, Telford, and Sheffield. Growing range too Poundland has expanded its online range to over 3,000 items. Poundland has also launched a new online-only category, which features exclusive items not sold in stores, including Slimfast bars and Yankee Candles. There is a fixed £4 delivery char...
27 July 2021
Variety discounter Poundland continues to grow its grocery range, adding chilled and frozen to 37 more stores, and free-from to 300 stores. Chilled and frozen offer soon to be in over 200 stores Throughout July and August Poundland will be adding its chilled and frozen range to 37 more stores, according to The Grocer. The range is currently in 170 stores across the country and was fi...
16 July 2021
Poundland's parent group Pepco released results for the 13 weeks to June 30th. The group saw strong results overall, with sales across all banners +45.5% and like-for-like sales +29.3%. Poundland bounces back following temporary store closures during lockdowns Poundland and Dealz saw total sales growth of +30.3% to €481m in the period, with like-for-like sales +21.1%. 22 new stores opened, ...
25 June 2021
Pan-European variety discounter, Pepco has reported first half sales up 9% to €1,995m in the period to 31 March 2021. As well as operating the Poundland brand in the UK, the business operates the PEPCO and Dealz retail chains in continental Europe and Ireland. Boosted by 402 net new stores Ending the half with 3,246 stores in total, Pepco’s store portfolio has grown by 14.1% since March 202...
24 May 2021
UK variety discount retailer Poundland has opened two trial Poundland Local stores, moving its brand beyond the traditional high street/shopping centre format into smaller footprint (sub-3,000 sq ft), local neighbourhood locations for the first time.  The stores located at Kendray, Barnsley and Hornsea are both in Yorkshire, and both have been developed in former Fultons Foods stores; part of the...