Poundland

Poundland's Town Centre Presence Could Hamper Post-COVID Recovery

The location of Poundland stores in town centres could hamper the retailer's recovery as long as the spectre of COVID-19 hangs over consumer confidence, a...

Poundland Owner Pepco Sees Profit Down 16% On COVID Impact

Pepco Group, the owner of British discount retailer Poundland, reported a 16.3% fall in first-half profit to €89 million, hurt by the dent to sales fr...

South Africa's Pepkor May Scrap Dividend As Pandemic Squeezes Retail Spending

Pepkor Holdings has said it does not expect to declare a dividend for financial year 2020, as it looks to preserve cash to tide over the coronavirus c...

Steinhoff's Revenue Hit By Store Closures Over Coronavirus Fears

South African retailer Steinhoff has said that its turnover has fallen, particularly in general merchandise, as a result of the partial or full closur...

Poundland-Owner Pepco's Revenue Jumps In Christmas Quarter

Pepco Group, the owner of British discount retailer Poundland, has reported rising revenue in the Christmas quarter and forecast more growth in the balance...

Pepkor Europe Renamed As Pepco Group

Pepkor Europe, the parent company of Poundland in the UK and Dealz in Ireland, has been renamed as Pepco Group. The renaming marks the culmination of a...

Steinhoff Weighs Options For Pepkor Europe, Says CEO

Retail group Steinhoff is considering all options over the future of its Pepkor Europe operation, including a potential initial public offering, CEO Louis...

Poundland Pricing Shift Should Offer Potential For Stronger Value Proposition, Says Analyst

Poundland's decision to shift from a 'single price retailer' to a 'simple price retailer' should offer the business potential scope 'to deliver a more vari...