Poundland up for sale as budget tax changes drive up costs

Poundland up for sale as budget tax changes drive up costs

Poundland, Retail industry, Business, UK news, Europe, Mergers and acquisitions Business | The Guardian

​Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’Business live – latest updatesPoundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and before incoming from October’s budget that will send wage costs soaring.Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focuses on its more profitable Pepco brand. Continue reading… 

Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’

Poundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and before incoming from October’s budget that will send wage costs soaring.

Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focuses on its more profitable Pepco brand.

Continue reading… 

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