Poundland Faces Uncertain Future as Pepco Explores Sale

The discount retailer's Polish owner cites rising costs and challenging UK retail conditions as key reasons for the decision.

Pepco Group, the owner of Poundland, is considering selling the 825-store chain as part of a strategic review of its business operations.
The decision follows financial pressures, including a £642m impairment charge and a forecasted drop in Poundland's annual profits to €50-70m, down from €153m the previous year.
Upcoming UK government tax changes, including higher national insurance contributions and minimum wage increases, are expected to further strain Poundland's cost base.
Barry Williams, previously Poundland's managing director, has been reinstated to lead the retailer through this transitional phase.
Pepco intends to focus on its more profitable Pepco brand and is also evaluating the future of its Dealz business in Poland.