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Pep&Co opened their first "store-in-a-store" in March 2017, when they utilised space in an existing Glasgow Poundland store without affecting the range offered by the parent store. [1] The chain announced in November 2017 that it planned to expand into the Republic of Ireland by opening a "significant number" within Dealz's stores. [4]
Since 2023 Poundland and Dealz stores have been phasing out their own brand and previous "Pep&Co" branded products and clothing, replacing them with Pepco branded ranges. This transition was seen as a potential cause for a dip in like-for-like sales at the group in 2024 [ 27 ] [ 28 ]
Dealz expanded to these British islands because it was offering Poundland products for £1 and £1.20. In September 2012, a store opened in Kirkwall, but this became a Poundland/Pep&Co store on 26 May 2018. [8] In 2022, a trial began in Ireland where some Dealz stores were transformed into Pepco. [9] [10]
Poundland store with the old (pre-2006) branding, Birkenhead, Merseyside in 2016 Poundland was co-founded by Dave Dodd and father and son team Keith [14] [15] [16] and Steven Smith in April 1990 [17] [18] with a starting capital of just £50,000 and an office in Sedgley. [19]
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The company was founded in 1956 by Renier van Rooyen. His first chain store opened in 1978, and was the start of PEP Reef. [6] [7] Formerly known as PEP stores the company changed its name to Pepkor Limited in 1982 and PEP stores became a subsidiary company. [1] In 1998, Pepkor acquired Australian retailer Best & Less. [8]
PEP is a multinational retail company based in Cape Town, South Africa. Founded in 1965, PEP operated in 11 countries in Southern Africa with the opening of an outlet in Lobito, Angola in November 2008. [2] As of November 2009, the company reported over 1400 stores in operation, with total employment equalling 14,000 employees. It also owns and ...
By 1969, the number of Pep Boys stores grew to 1249 Service bays and service managers were added to each store. In the 1970s, all stores had self-serviced merchandising and a computerized inventory system was in use. In the 1980s, came aggressive growth.