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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 ]
Pep&Co was a British discount fashion retail chain, owned by the South African company Pepkor (a wholly owned subsidiary of Steinhoff International) and based in Watford, England. Pep&Co opened their first store in the Newlands Shopping Centre in Kettering, Northamptonshire in July 2015. The retailer opened their first 50 stores in 50 days, an ...
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]
Steinhoff's South African Pepkor brands included Ackermans, Buco, Dunns, Flash, HiFi Corp, Incredible Connection, John Craig, Pennypinchers, Pep, Refinery, Russels, Shoe City, Tekkie Town and Timbercity. [54] Powersales was another African Steinhoff brand. In the UK, Steinhoff owned the high street brands, Poundland (under Pepco Group) and ...
The retailer had cited one of their main aims was to catch up with Poundland and their 223 stores as of August 2009. [34] The retailer made it a point of honour to undercut rival Poundland, whose £1 pack of 100 white plastic cups contained 20 fewer (and cost a penny more) than the pack of 120 available at 99p Stores as of late 2007.
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 ...
The Swift & Co. meatpacking plant in Sioux City, in the state of Iowa in the Midwestern United States, was built in 1918–19 as a speculative venture under the name Midland Packing Plant. After going into receivership, it was acquired by Swift & Co. in 1924, and continued to operate until 1974.