LONDON (Reuters) – European discounter Pepco Group said on Thursday it was evaluating all strategic options to separate its struggling 825-store Poundland business in Britain this year, including a potential sale.
In a statement ahead of a Capital Markets Day, the Warsaw-listed group, which also owns the Pepco and Dealz brands, said it would focus on the Pepco brand “as the single future format and engine driver of group earnings.”
(Reporting by James Davey; Editing by Kim Coghill)
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