Poundland announced its recent price cuts are “just the start” of what could be more cost-saving initiatives as the rate of inflation slows.
The value retailer announced earlier today (July 25) that many of its big-selling products are returning to a £1 price point as overall inflation fell in June.
A Poundland spokesperson told Retail Week that the cost of more than 100 items has been slashed to £1 and that with “inflation ameliorating”, it has given Poundland “some room” to reduce prices.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.