Pepco Group, owner of discount retailer Poundland, has recorded year-on-year revenue growth of 17 per cent in the third quarter.
Poundland itself saw revenue increase by 3.8 per cent during the same period.
Overall group revenue was €1.2 billion, bringing the company’s year-to-date revenues to €3.6 billion.
“The Group has delivered another quarter of good progress and a resilient trading performance, driven by its successful and proven strategy,” said Trevor Masters, chief executive, Pepco Group. “Despite the challenging market environment, Pepco continues to accelerate and deliver against its successful growth strategy based around our four key pillars: bigger, better, simpler and cheaper.
"We remain confident in the strength of our customer proposition, market positioning and in our ability to drive long-term value creation.”
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Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
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