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The Latest Breaking News from Pepco

Anger as Poundland stores possibly 'facing closure' amid 'challenging' landscape

Shoppers are angry after it emerged Poundland is set to be sold as it struggles to battle an "increasingly challenging" UK retail…

The National (Scotland)

Poundland up for sale as budget tax changes drive up costs

Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’

The Guardian - UK

European Central Bank cuts interest rates again, by quarter point – as it happened

Central bank lowers growth projections as it warns trade war fears are hurting Europe

The Guardian - UK

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

The bargain basement shop is a high-street staple

The Independent UK

Poundland up for possible sale as soaring wage costs add to trading woes

Pepco Group said it was considering ‘all strategic options’ to spin out the struggling 825-strong Poundland chain, including a sale.

Evening Standard

Poundland put up for sale after sales slump in 'challenging' conditions for high street

Owner Pepco said Budget tax hikes have put extra pressure on the ailing chain

Evening Standard

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

Pepco Group said the UK business will increase the number of products it sells for £1 or less in a bid to improve its performance.

The Independent UK

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Poundland forced to up security after millions lost to shoplifters

Stock shrinkage, including theft and shoplifting, amounted to £44 billion over the past year

The Independent UK

Poundland invests in new security technology after millions lost to shoplifting

The bargain retailer, which sells a large proportion of its products for £1 or less, said it had been a particular target for theft and abuse.

Evening Standard

Poundland takes £640 million hit on Budget costs and sales woes

The discount chain’s owner, Pepco, swung to a full-year pre-tax loss of 554 million euros (£457 million) after booking the write-down on Poundland.

Evening Standard

Poundland is now selling apartments on Rightmove which will set you back £85,000 - here's everything we know

The brand has branched out to property this year

Ideal Home

Poundland has no plans to revert all prices to £1, Pepco boss says

The high street chain started selling products between 50p and £5 five years ago

Evening Standard

Poundstretcher sold to Majestic Wine owner Fortress

US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum

The Guardian - UK

Poundland owner Pepco to ‘refocus’ on Central and Eastern Europe after back-to-back profit warnings

Pepco will work to get its Central and Eastern European arm back on track, after a September heatwave hit sales

Evening Standard

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The Independent UK

These former Wilko stores will reopen as Poundland shops this weekend

Poundland owner Pepco agreed earlier this month to buy up to 71 Wilko stores from administrator PwC following the collapse of the high street chain

The Guardian - UK

The Range buys Wilko brand in multimillion-pound deal

The homeware retail brand has also bought the intellectual property rights of Wilko, but none of its stores

The Independent UK

Rishi Sunak pledges support for redundant Wilko workers amid chain’s collapse

The retailer, founded in Leicester in 1930, plunged into administration last month after struggling with losses.

The Guardian - UK

Poundland moves to buy 71 Wilko sites with possible jobs guarantee for staff

PwC says owner plans to reopen stores under Poundland brand throwing lifeline to as many as 1,800 staff

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Evening Standard

The full list of Wilko stores set to become Poundlands

Administrators have agreed to sell 71 shops to Pepco and the conversion to Poundland stores is already underway at many locaations

The National (Scotland)

Pepco to take over up to 71 Wilko stores and make them Poundland shops- Full list

Pepco has agreed with Wilko's administrators that up to 71 Wilko stores will become Poundland shops.

The Independent UK

Poundland owner Pepco to buy up to 71 Wilko stores

It comes a day after administrators confirmed all the group’s remaining shop, warehouse and support centre workers are set to lose their jobs.

Dublin Live

Value fashion and home brand PepCo announces opening of new store in The Square, Tallaght

The brand offers affordable items that cater to all budgets with the new store a major upgrade from the former Dealz location

Manchester Evening News

Poundland is selling a similar orange cardigan to Next's £34 one - for almost a third of the price

This cardigan from Poundland could save you £22

Daily Record

Poundland is stocking a £12 cardigan that is almost an 'exact dupe' of £34 Next item

The retailer's £12 cardigan looks identical to a £34 version sold from Next.

Bristol Post

Poundland is selling near-identical cardigans to £34 Next item

The £12 cardigan is on sale now

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