All Poundland articles
British discount variety retailer Poundland that sells the majority of items at £1. The first pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, fearing it could adversely affect the local competition. Poundland acquired closest rival 99p Stores in 2015, which left Poundworld as its closest competitor until it went bankrupt in 2018. Since 2018, Poundland has been the category killer of the pound shop format in the UK.
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Analysis
Will ex-Morrisons men make Poundstretcher another shrewd buy for Fortress?
Last week, it was announced that Majestic Wine and Punch Pubs owner Fortress had acquired discount retailer Poundstretcher, along with a new leadership team made up of ex-Morrisons staff.
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News
Pepco group sales rise but like-for-likes stutter as it unveils new CEO
Pepco has delivered something of a mixed bag as group sales jumped but like-for-like sales lapped tough comparatives as it unveiled a new group chief executive.
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News
Poundland to make TV advert debut
Poundland will showcase its new clothing, homewares and grocery ranges in its TV ad debut.
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Gallery
Poundland begins ‘modern and bright’ makeover of 150 stores
Poundland has announced that some of its branches will receive a makeover from this week, with 150 stores to be transformed by August.
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News
Poundland launches rollout of new look to 150 stores
Value retailer Poundland is to revamp 150 branches by August in a “top-to-bottom refresh” as it also extends key ranges.
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News
Matalan poaches new CFO from Poundland
Matalan chief financial officer Stephen Hill has stepped down from his role and will be succeeded by former Poundland finance director Dave Williams.
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News
Poundland promises third-party deals in new general merchandise ranges
Poundland is looking to add new general merchandise ranges “much more regularly” as it continues its transformation.
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News
Poundland to give 850 stores biggest ever merchandise makeover
Poundland is to start transforming its stores to include its “biggest makeover in general merchandise” in the company’s history.
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News
Pepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
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News
Poundland to begin transformation of former Wilko stores
Poundland will begin the transformation to turn 11 former Wilko stores into new Poundland shops, adding chilled and frozen food, clothing and homeware.
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News
Poundland hires nearly 1,000 former Wilko staff in 70 days
Poundland has so far hired 962 former Wilko staff in 70 days after it acquired several former Wilko sites.
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News
Pepco posts ‘disappointing profit outturn’ despite record sales
Discount retailer and Poundland parent company Pepco Group has posted a “disappointing profit outturn” after record European store openings and despite a record 17.7% growth in full-year revenue.
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News
Poundland to open more former Wilko stores before Christmas
Poundland has confirmed it will open seven more former Wilko stores before Christmas, taking the total number of Wilko-to-Poundland stores to 63.
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News
Poundland launches first-ever Black Friday event
Poundland has opened its first Black Friday event, with deals available both online and in stores.
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News
Poundland yet to reach deal with 15 Wilko store landlords
Poundland has not yet reached an agreement with the landlords of more than 15 former Wilko sites, which it had intended to reopen under its own brand.
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News
Poundland expands Pepco fashion offering
Poundland has completed its rollout of new clothing ranges by parent company Pepco Group to 560 stores across the UK and Ireland.
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News
Poundland to open 75 stores in three months
Poundland is aiming to open or relocate 75 stores by the end of December.
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News
Pepco Group to open 400 new stores
Discount retailer and Poundland parent company Pepco Group have revealed their focus areas as part of its refocused strategy including the opening of 400 net new stores across the 2024 financial year.
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News
Poundland owner Pepco Group posts record growth
Pepco Group has posted record full-year sales growth but said performance was “mixed” against a challenging backdrop.
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News
Wilko store deals at risk as discounters renegotiate leases
Rescue deals for former Wilko stores are “at risk” and could fall through as potential buyers try to negotiate more favourable terms with landlords, The Times has reported.