Poundland's Performance Indicates The Single-Price Format Is Far From Finished
It's not all that long ago that the UK high street was awash with single-price discounters, or 'pound stores' in local parlance, with 99p Stores and Poundworld sharing catchment areas with the daddy of them all, Poundland.
But in recent years, this has become a less regular occurrence.
The growth of mainstream discounters like Aldi and Lidl, coupled with industry consolidation (Poundland bought 99p Stores in 2015, before placing the business into administration in 2017), has led to a solo operator, Poundland, now towering over a myriad of fallen contemporaries.
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