Poundland owner explores ‘every strategic option’ for discount chain

Poundland owner Pepco Group said it will consider “every strategic option” for the struggling discount chain.
The group’s chief executive Stephen Borchert told Reuters the business was looking at its options “to bring [Poundland] back on track” after it booked a £675m impairment charge on its UK subsidiary due to a weaker performance against increasing competition and cost challenges.
When asked if Poundland would stay in the group, he said he would say more o