Pepco ‘actively exploring’ Poundland sale as UK retail pressures mount

Pepco Group is ‘actively exploring’ a potential sale of Poundland as it moves towards a simpler business model focused on its higher-margin Pepco brand.
The discount retail group, which owns Pepco and Dealz in Europe and Poundland in the UK, outlined its strategic vision at its Capital Markets Day investor presentation in London today.
It said group CEO Stephan Borchert will assume responsibility for running Pepco, with Barry Williams permanently appointed MD of Poundland.
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