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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 ]
In February 2020, Poundland has begun piloting a broader variety of children's clothes across 50 of its shop-in-shops at Pep&Co. [5] As of 2024, the Pep&Co brand is no longer used, although still appears on some store fronts, it was phased out in store by December 2023. The Poundland and Pepco brands are now used for clothing. [6]
Poundland also sell large quantities of their stock to other retailers off-the-shelf, where it is cheaper for these retailers to pay £1 each for a bulk purchase than it would be to pay a discounted bulk-purchase rate elsewhere. [19] From 2016, Pep&Co clothing items were sold in Poundland branches, although at prices higher than the £1 single ...
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]
99p Store in Gosport 99p Store in Bromley. Nadir Lalani came to the UK in 1973 from Tanzania, having owned a cash and carry store in Mwanza. [11] Since moving to the UK he built up and sold two convenience store chains (including buying Whistlestop Discount Stores, a 27-strong chain which he sold in 2005 [12]) before moving into discount retailing, with intentions of handing the business over ...
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Throughout 2019, the company has since opened over 75 stores across nationwide using the Bargain Buys name, with plans of more to come throughout 2020. [16] [17] As of October 2019, Poundstretcher has opened over 75 Bargain Buys stores, many of which are opened in former Poundworld and Bargain Buys units. As of March 2023, there are 61 Bargain ...
Matalan Retail Ltd is a British clothing, homeware and toy retailer based in Knowsley, Merseyside, founded by John Hargreaves in 1985.. In August 1988, its operations director at the time, Duncan Sullivan, transformed Matalan into an out-of-town warehouse-style, membership-only cash-and-carry business, inspired by Sam's Club in the United States.