Poundland enjoys sales boost as expansion plans continue
Poundland owner Pepco enjoyed a jump in revenue in its first quarter as locked-down shoppers continue to hunt out a bargain. Like-for-like sales across the retailer's open shops rose by 5.5 per cent over the period, the group's new trading update shows. Despite being labelled an 'essential' retailer, Poundland has temporarily closed 44 of its UK shops, claiming it has put them into 'hibernation' as high-street footfall remains dismally low. 'Hibernation': Poundland has temporarily shut 44 of its UK stores despite being an 'essential' retailer But, Andy Bond, chief executive of Pepco said on M...