Overview

• Pepco announced it will sell its underperforming Poundland division by the end of its financial year in September 2025.
• Poundland's revenue fell 6.5% in the first half of 2025, prompting a sharp downgrade in EBITDA guidance to €0–20m from €50–70m.
• Barry Williams, reappointed as managing director in March 2025, is spearheading a recovery plan focused on revitalizing core strengths and simplifying operations.
• Turnaround investors, including Gordon Brothers, Modella Capital, and Hilco Capital, are reportedly negotiating a nominal-fee deal to acquire Poundland.
• Up to 200 of Poundland's 818 stores could face closure as part of a rescue sale, with logistical challenges and rising costs cited as key factors in its struggles.