Hello mister
When on the sunny day of London only vampires and dreadful people, are only there to dive in the water of thames. You’ve got to have the answer for everything otherwise you don’t.
Hello miss
When on the sunny day of London only vampires and dreadful people, are only there to dive in the water of thames. You’ve got to have the answer for everything otherwise you don’t.
Hello miss – Shares
When on the sunny day of London only vampires and dreadful people, are only there to dive in the water of thames. You’ve got to have the answer for everything otherwise you don’t.
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Strong Strategic Progress
Our key strategic pillars
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Our leadership
Our leadership team is world class with over 80 years’ combined experience in apparel, general merchandise and discount grocery.
Careers
You can also be part of our team. See our career page for more information.
Bigger
Acceleration in store openings underpinned by credible store opening programme
- 516 net new stores opened in FY22 ahead of our upgraded target of 450 stores
- Comprises 446 new Pepco stores and 70 new stores within the Poundland Group, almost all in Dealz Poland
- New Pepco stores included 163 in the strategically important Western European markets
- Upgraded target for 550 new stores in FY23
Simpler
Optimised supply chain
- Lean and efficient company inventory strategy which is driving cost efficiencies
- Reduction in inventories of 14 days
- Store staffing levels reduced by 1.5 FTE
- Increase in selling space driving +5% increase in LFL per store
- Optimised markdown management benefiting gross margin
- Scalable supply chain network
- Reduction in overall dwell time
- Lead time reduced to 3-4days
- Poundland Group now undertaking its own end-to-end supply chain programme leveraging best practice from Pepco
Better
Development of the customer proposition
Continued testing of proposition options to renew estate and add further growth opportunities