Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’

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Poundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and before incoming from October’s budget that will send wage costs soaring.

Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focuses on its more profitable Pepco brand.