Poundland-owner to ‘create 13,000 new jobs’

The owner of Poundland, Pepco, and Dealz is planning to create around 13,000 net new jobs across Europe in the next three years as it opens more stores across the region.

Pepco Group boss Andy Bond revealed the plans in an exclusive interview with Reuters.

He told the news agency that the majority of the new jobs would be in continental Europe.

"Unlike many bricks and mortar retailers which are all about stories of 'haven't we done a good job where we're staying alive', we're very confident about our growth," said Bond, who used to run British supermarket chain Asda.

The chief exec said Pepco could benefit from inflationary pressure as people become more price-sensitive.

The company currently worth around $8.13 billion, with roughly 35,000 employees across 3,400 stores in 16 countries.

    Share Story:

Recent Stories


HULFT
Find out how HULFT can help you manage data, integration, supply chain automation and digital transformation across your retail enterprise.
Talking shop: retail technology solutions from Brother
Retail Systems editor Peter Walker sits down with Brother’s senior commercial client manager Jessica Stansfield to talk through the company’s solutions for retailers and hospitality businesses, what’s new in labelling technology, and the benefits of outsourcing printing.