
Pepco’s latest set of results on Thursday showed “strong strategic progress and trading growth achieved despite a challenging trading environment” for the budget retail giant.
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Pepco’s latest set of results on Thursday showed “strong strategic progress and trading growth achieved despite a challenging trading environment” for the budget retail giant.
Pepco’s British budget retailer Poundland has acquired online peer Poundshop.com and said the purchase would “power a national rollout of its own pilot e-commerce operation”.
Budget retail giant Poundland, which operates the Pep&Co clothing and homewares brand within its stores, is to open its largest UK flagship in Stockton-on-Tees next week. It becomes Poundland’s second store in the town.
Pepco’s Poundland has opened its biggest UK location with a debut at Nottingham’s Riverside Retail Park. The store heavily features its Pep&Co fashion offer complete with changing rooms.
There’s good progress when it comes to expanding, and then there’s Pepco progress. The pan-European variety value retailer said Thursday that store expansion “accelerated” in its first quarter to 31 December.
Pan-European variety discount retailer Pepco Group is to lose its long-standing CEO Andy Bond due to health reasons. He will step down in late March, but will remain an advisor until the end of the financial year.
To say Pepco Group is growing fast is an understatement. Opening 483 stores across Europe in just a year was the overriding reason why the discount retail brands group produced a stellar sales numbers for the year.
Pepco Group’s chief financial officer Nick Wharton is to take a temporary leave of absence following a recent successful medical procedure, the pan-European variety discount retailer said Tuesday.
European budget-focused retailer Pepco Group has reported a strong annual revenue rise and forecast profits at the upper end of market expectations.
UK-based Pepco Group is on a fast track to expansion and the pan-European discount retailer has a new chief operating officer to speed up the process. Trevor Masters is being promoted on 1 January from MD of Pepco.