Poundland, which is owned by Pepco Group, has around 800 stores in the UK and employs roughly 16,000 employees. As part of the restructuring plan, Pepco will retain a minority stake in Poundland.

Thousands of jobs are at risk after discount high street chain Poundland was sold - with dozens of shops expected to shut. Poundland has been sold for a headline figure of €1 to investment firm ...

Struggling budget chain Poundland has been sold for £1 and now faces a shake-up which could see up to 100 stores close, the BBC understands. Its owner Polish firm Pepco confirmed it had sold the ...

Poundland sold for cut price putting thousands of jobs at risk Katie Boyden Published June 12, 2025 8:14am Updated June 12, 2025 3:45pm Comments ...

Last month, Poundland announced a 6.5% decline in revenues, bringing the total to 985 million euros (£830 million) for the six-month period ending in March compared to the previous year.

Poundland’s chief executive officer Barry Williams said: “Poundland is a UK and Ireland retailer of real significance, serving 20 million customers each year with a much-loved brand.

Poundland was originally hailed as one of the region's biggest retail success stories, having began as the brainchild of father and son market traders Keith and Steve Smith, from Willenhall, who ...

Poland-based Pepco Group, which has owned Poundland since 2016, said on Thursday it completed the sale of the business for a “nominal” fee. Sources close to the process have said this was £1.

Poundland 'sold for £1' to Laura Ashley owner The future of hundreds of Poundland stores and jobs remains unknown By JANE DENTON Updated: 05:59 EDT, 12 June 2025 26 shares 17 View comments ...

Poundland set for ‘restructuring’ after takeover by Gordon Brothers Pepco Group, which has owned Poundland since 2016, said it has completed the sale of the business for a ‘nominal’ fee.

In addition, Poundland is seeking rent reductions from landlords which, together with lease expiries, could result in an additional 70 or so store closures in the future.