25-07-2025 15:56 via retailgazette.co.uk

Pepco Group drafts in advisors to oversee Poundland handover

Poundland’s former owner Pepco Group has lined up FRP Advisory to supervise the handover of the discount chain to its new owner.
Industry sources told Sky News FRP has been asked to act as an observer for it as Poundland looks to enter a court-sanctioned process that involves store closures and jobs losses.
The retailer is looking to shut 68 of its stores and two distribution centres, as well as impose rent reductions on hundreds of sites under a radical restructuring plan. A court hearing
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