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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.

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Despite being an essential retailer, Poundland will once again be temporarily closing some of its stores as a result of the current lockdown. Reduced footfall leads to 'temporary hibernation' of 44 stores Poundland has put 44 stores into 'temporary hibernation', according to The Grocer. Stores closed on 8th January. Poundland has not given a date for when the stores will reopen, due to the ...
Variety discounter Poundland has acquired frozen food specialist Fulton Foods, as part of its continued evolution towards offering shoppers a greater grocery offering. What? The purchase was made for an undisclosed amount, however the retailer has said it is part of a £25m investment into its grocery offering over the next two years. Key elements of the deal; Poundland will retain ...
We look at the latest news from the discount channel in UK and Ireland. Lidl Ireland reaches €2bn sales Lidl's turnover in Ireland has reached over €2bn, according to The Irish Times. The discounter has over 200 stores in Ireland, 40 of which are in Northern Ireland. By the end of 2020 Lidl is looking to open a further 11 stores and refit or extend a another 12. It also plans to open a new ...

Presentations

01/03/2021
Variety discounters are an increasingly important part of shoppers’ repertoire, competitors of grocers and an alternative route to market for brands. In this presentation we combine our retail and shopper knowledge to understand the key trends shaping the variety discount channel.
03/02/2021

An essential summary of trading priorities, latest developments, and other key commercial insights for Poundland.

13/01/2021
We forecast that the top 10 variety discount retailers globally will add over US$5.2bn in revenue to the grocery market between 2020 and 2022. In this presentation we look at the leading variety discount retailers from around the world and consider the opportunities for retailers and suppliers in the channel.
21/12/2020
Take a look at the latest results and news from the UK’s leading variety discounters. This quarter’s update includes more detail on Poundland’s acquisition of Fulton Foods and B&M’s strong H1 performance.

Key presentations

Strategic outlook 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.

UK country presentation

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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Poundland snapshot

An essential summary of trading priorities, latest developments, and other key commercial insights for Poundland.

Data

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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