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The Independent UK
The Independent UK
Business
Holly Williams

Poundland had a £1.6bn turnover last year - but this is why the owners want to sell up

Poundland Pepco Pepco Group

Poundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and ahead of incoming Budget measures that will send wage costs soaring.

Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focuses on its more profitable Pepco brand.

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