Dealz: latest retail news and insights | ESM Magazine

Dealz Owner Pepco Says Trading Environment Remains Challenging

Discounter Pepco Group, which reported a 2.5% fall in first-half same-store sales, has said the trading environment across Europe remains challenging.

Discount Retailer Pepco To Quit Austrian Market

European discount retailer Pepco Group has said it will exit the Austrian market, saying it does not expect appropriate returns in the country.

Pepco's Underlying Sales Down 2.3% In Christmas Quarter

European discounter Pepco Group has reported a 2.3% fall in underlying sales in the Christmas quarter but said it gross margin had improved,...

Discounter Pepco Says 'Sales Challenges' To Continue Into 2024

European discount retailer Pepco Group cautioned that it expected 'industry-wide short-term sales challenges' to continue into 2024.

European Discounter Pepco To Slow Store Opening Plan

Pepco Group, the European discount retailer that issued two profit warnings last month, will slow down its aggressive store opening programme, it said.

Poundland Owner Pepco Sees Revenue Surge As New Store Openings Exceed Target

Pepco Group has reported a 12.5% jump in its fourth-quarter revenue, to €1.44 billion, on a constant currency basis, as the European discount retailer...

Pepco Group Further Lowers EBITDA Forecast; Key Executive Steps Down

European discount retailer Pepco Group has further downgraded its forecast for 2023, estimating that underlying EBITDA for the period will be about €7...

Pepco Group CEO Resigns, Firm Lowers EBITDA Guidance

European discount retailer Pepco Group has said that its CEO Trevor Masters will resign from the role with immediate effect, without providing a reason for...