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Pepco Group receives interest from potential Poundland buyers
07 Mar 2025 13:55 GMT
… LONDON (Reuters) -European discounter Pepco Group has received interest from … Borchert told Reuters after Pepco Group said it was … and engine driver of group earnings". It will also … will assume responsibility for running Pepco, while Barry Williams has …
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Pepco Group could put Poundland up for sale
07 Mar 2025 09:31 GMT
… Beevers
Poundland’s owner, Pepco Group, which also operates … around its higher margin Pepco clothing and general merchandise ranges … Borchert, chief executive of Pepco Group, said: “We are taking … “Pepco will continue to be the engine of the group’s earnings …
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Pepco expects Poundland deal in the bag ‘by September’
06 Mar 2025 17:40 GMT
… Stephan Borchert said after Pepco said it was evaluating all … , which also owns the Pepco and Dealz brands, said … will assume responsibility for running Pepco, while Barry Williams has … though it said Poundland’s earnings before interest, taxes, depreciation, …
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Pepco Group ‘Actively Exploring’ Separation Options For Poundland
06 Mar 2025 13:55 GMT
… operations of its three brands (Pepco, Poundland, and Dealz) to … Pepco will continue to be the engine of the Group’s earnings … trading period – with continued positive Pepco like-for-like sales – … majority of the Group’s earnings and our highest returns on …
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Pepco considers unloading struggling discount chain Poundland
06 Mar 2025 14:02 GMT
… the discount chain Poundland.
Pepco said it was actively … Stephan Borchert, chief executive of Pepco, said: “We are taking … general merchandise.”
In December Pepco said it was considering options … and engine driver of group earnings”.
The group said its …
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Poundland news: sale of UK pound bargains firm explored as Pepco faces uncertainty - what it means for savers
06 Mar 2025 10:32 GMT
… conditions worsen
Poland-based Pepco Group is reviewing “all … trading conditions.
Poland-based Pepco Group announced it is … said that Pepco generates the “vast majority” of its earnings, and … comes as Pepco warned of weaker annual earnings for Poundland …
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Poundland's owner Pepco considers selling struggling 825-store discount retailer as wage costs are set to surge after Budget
06 Mar 2025 10:19 GMT
…
It came as Pepco warned over annual earnings at Poundland amid …
On Thursday, Pepco said it expected underlying earnings to come in … over January and February, Pepco said.
Pepco added: 'Poundland … base.
Considering all options: Pepco Group said it was …
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Pepco ‘actively exploring’ Poundland sale as UK retail pressures mount
06 Mar 2025 08:34 GMT
… on its higher-margin Pepco brand.
The discount retail … assume responsibility for running Pepco, with Barry Williams permanently … following the transition to Pepco-sourced products.
Despite Poundland … primary driver of earnings for the group. Pepco’s like- …
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Pepco Group explores sale of Poundland business in the UK
06 Mar 2025 07:55 GMT
European discount retailer Pepco Group announced on Thursday … listed company—owner of the Pepco and Dealz brands—emphasized its … intention to prioritize the Pepco brand as the primary … the group's future earnings. Photo by Ardfern, Wikimedia commons …
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Pepco Group considers sale of Poundland business in UK
06 Mar 2025 06:27 GMT
LONDON (Reuters) - European discounter Pepco Group said on Thursday it … group, which also owns the Pepco and Dealz brands, said it … would focus on the Pepco brand "as the single … and engine driver of group earnings." (Reporting by James Davey …