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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Poundland owner to take ‘immediate measures’ to halt chain’s sales slump

Pepco Group owns the Pepco and Dealz brands in Europe and Poundland in the UK (Pepco/PA) -

The parent firm of Poundland has said it is taking “immediate measures” to turn around the performance of the UK discount chain after a sharp drop in sales.

Poland-based Pepco Group said the UK business, which runs 825 stores, will increase the number of products it sells for £1 or less as part of efforts to get the chain “back on track”.

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