Poundland news

23 June 2020
Poundland's parent group Pepco has released its H1 results, for the six months ending 31st March 2020. Also, its year-to-date results for the five months prior to the end of February 2020. The results reveal a positive performance for Poundland and Dealz with like-for-like growth in both periods. Like-for-like growth for Poundland and Dealz but fall in profits Overall the Pepco group's reve...
19 June 2020
We round up the latest news in discount and variety discount in the UK and Ireland from the w/c 15th June. Poundland resumes the rollout of its new chilled and frozen range Poundland paused the rollout of its new chilled and frozen range at the start of the pandemic. The new lines had initially been introduced to 20 stores, with a further 10 having chilled only. Before the pandemic ...
27 May 2020
In this article we round up the latest initiatives seen in the discount and variety discount channel, to address the challenges created by the coronavirus (COVID-19) outbreak. Aldi launches traffic light system to control customer flow Aldi is implementing a new automated traffic light system at entrances to stores, to control the flow of customers. The retailer will be rolling out the syst...
26 May 2020
Pepco-owned Dealz, part of the Poundland family, plans to open 10 new stores in Ireland this year, according to the Irish Independent. Continued expansion There are currently 65 Dealz stores in Ireland, with plans to continue to open around 10 stores a year, for the foreseeable future. Alongside the expansion, the retailer is looking to make improvements to existing stores, replicating t...
27 April 2020
In this article we look at what UK variety discounters are doing to address the challenges created by the Coronavirus (COVID-19) outbreak. Temporary store closures B&M will be closing 49 stores as a response to the current trading conditions. The retailer has not announced what stores these will be, but has said it is likely they will be small format stores Poundland will be closing 1...
02 March 2020
Following on from Poundland's successful trial of its new chilled and frozen range, the variety discounter will be rolling out the range to a further 60 stores. Chilled and frozen shop-in-shops Poundland began trialling 350 new chilled and frozen lines in its Ashbourne, Derbyshire store in October 2019. This was quickly followed by four more stores, and now will be extended to 60 mor...
05 February 2020
Poundland's parent group Pepco has released its Q1 results, for the three months ending 31st December 2019. It shows positive performance continues at both Poundland and Dealz. Poundland and Dealz results Overall revenue growth: 3.1% Like-for-like growth: 1.3% Year-on-year store growth: 3.9% Poundland sees record day of sales Despite the challenging trading environment seen...
13 November 2019
In its latest bid to grab a bigger share of the grocery market Poundland is rolling out its range of chilled ready meals across its entire estate. The "Bistro menu" The new range will be branded as the "Bistro menu" and each meal will cost £1.50. The range was tested initially in the trial of its new pricing structure across 24 stores in the Midlands. Using grocery to grow basket size ...
24 October 2019
After a successful trial, Poundland has announced it will be rolling out its new pricing structure across all stores. From single price to simple price Poundland conducted qualitative and quantitative research alongside working with Kellogg’s, Heinz, P&G and Princes before launching a trial in 24 stores across the Midlands, to determine how best to evolve its pricing structure. The retailer...
10 October 2019
Poundland is trialling a new fresh and frozen range as part of its continued evolution towards satisfying a wider range of shoppers' needs. Partnership with Fulton Foods Poundland has launched 350 new lines into its Ashbourne, Derbyshire store. This will be followed by four more stores in November, with the long-term aim to roll-out to around 250 stores in the future. The retailer has pa...