Our journey from 1990 to the present day
Important notice: Poundland was part of Pepco Group until June 2025; accordingly, the information on this website, including the 2024 Annual Report, accurately reflects the company for that reporting period. Following its separation updated information on operations and portfolio will be disclosed in the Annual Report to be published in December 2025.
History timeline


Enters Portugal and Bosnia & Herzegovina
Enters Germany and Greece
Pepco is one of Europe’s most compelling physical retail growth stories
Enters Spain and Austria
2,200 stores in 14 countries
Enters Italy and serbia
2,000th store opened
Enters Bulgaria
PEPCO’s entry into Bulgaria shows once more the success of the PEPCO format
Opens first Baltic stores in Estonia and Latvia
The Group traded from 2,360 stores
European expansion
Enters Croatia, Slovenia and Lithuania
1,000th store opened
European expansion
Enters Hungary and Romania
500th store opened
Expands into Czechia and Slovakia
100th store opened
Pepkor South Africa acquires 14 former Poundstretcher stores and launches PEPCO brand in Poland the following year
Poundland sold to Gordon Brothers in June 2025
Acquired Fultons Frozen Foods
100th Frozen Store-in-Store opened
Launches proposition change programme with 8 new price points
Opens 200th Clothing Store-in-Store
Begins PEP&CO Store-in-Store roll out
Supercar-like acceleration, from nought to 300 in what seems like three seconds, not three years, is an amazing achievement
Acquired by pepkor
Launches in Northern Ireland
Established in Burton-on-Trent
100+ stores
in mainland Europe
Dealz launches in Poland
Following the continued success of the Dealz format in Poland, we have continued to open stores rapidly.
Enters the Spanish market
…a further statement of our confidence
First Dealz stores open in the Republic of Ireland
PGS starts process to exclusively supply Pepco companies
Acquired by Pepco Group
Poundland’s sourcing office in Hong Kong is incorporated into PGS
Sourcing offices established in
Shenzhen, Bangladesh and India
Sourcing office established in
Shanghai, serving Pepkor retailer Ackermans
Note: Steinhoff acquired Pepkor South Africa, including the Pepco Group (previously known as Pepkor Europe) in 2015.
Whilst the majority of shares in the Pepco Group are indirectly owned by Steinhoff,
it is managed independently through its devolved leadership team.