Poundland reports sales growth boosted by new ranges and price points
By Steve Farrell2021-01-27T13:14:00+00:00 Source: The Grocer New ranges and price points both above and below £1 have helped Poundland and Dealz achieve 2.4% like-for-like sales growth, according to a trading update. The growth in the first-quarter to December came despite “significantly reduced footfall” as people avoided shopping centres and high streets, where the majority of stores are located. Revenue was €564m, up 8.4% year on year on a constant currency basis. Dealz is the brand given to Poundland in Poland, Spain and Ireland. The growth is expected to have resulted in market ...
Source: thegrocer.co.uk