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Poundland's parent, Pepco, has released its Q1 trading update, for the first quarter ending December 2020. The group as a whole saw revenue growth on a constant currency basis of 9.1%, but like-for-like sales declined by 2.1%. Poundland and Dealz performed well, with positive revenue and like-for-like growth. We look at the performance in more detail and consider how the retailer's evolution will help it drive growth in 2021.
An essential summary of trading priorities, latest developments, and other key commercial insights for Poundland.
Poundland has been through a significant period of change over the last few years, both at a corporate and store level. In this report we review Poundland’s latest strategic priorities as it continues to grow, and the implications of these for suppliers.
This in-depth guide to the United Kingdom explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
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