×
6 587
Fashion Jobs
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
JOHN LEWIS
Section Manager Warehouse
Permanent · WEYBRIDGE
HARRODS
Concessions HR Manager
Permanent · LONDON
HARRODS
Stock Operative
Permanent · LONDON
HARRODS
Restaurant General Manager
Permanent · LONDON
HARRODS
CRM Executive Customer Data
Permanent · LONDON
OYSHO
New Store Opening - Oysho White City - General Manager
Permanent · LONDON
HARRODS
Uniformed Security Officer
Permanent · LONDON
HARVEY NICHOLS HEAD OFFICE
Ecommerce Director
Permanent · LONDON
NEXT
Sales Coordinator - Galashiels
Permanent · HUDDERSFIELD
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LEICESTER
SPORTS DIRECT FITNESS
Assistant General Manager - Everlast Fitness
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Assistant - Everlast Gyms
Permanent · BURY ST EDMUNDS
SPORTS DIRECT FITNESS
General Manager - Everlast Fitness
Permanent · RUGBY
EVERLAST GYMS
General Manager - Everlast Fitness
Permanent · STOKE-ON-TRENT
AESOP
Retail Consultant | Full-Time | Aesop st James Quarter, Edinburgh, Scotland
Permanent · London
HEAD OFFICE
Merchandise Planner – Food & Grocery Merchandising
Permanent · BRACKNELL
HEAD OFFICE
Digital Product Manager
Permanent · LONDON
NEXT
Delivery Coordinator - Llandudno
Permanent · LLANDUDNO
NEW LOOK
Sales Manager
Permanent · STRETFORD
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · NETHERFIELD
Ads
Published
Jan 17, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Poundland expects fast growth in 2018 as it opens raft of Pep&Co corners

Published
Jan 17, 2018

Poundland may have its challenges as its parent company Steinhoff battles accounting scandals and its subsidiaries get caught up in the mess. But that hasn’t stopped its expansion plans with the ultra-low-price chain planning to add over 150 Pep&Co spaces inside its stores in the year ahead taking its total to more than 300.


Pep&Co



The company said the openings will give it “true fashion scale” as it expands in an area that is one of the most buoyant in the fashion sector, the value segment.

Pep&Co offers clothing and accessories at prices starting from £1 and 95% of what it sells comes in at under £10.

Given the strength of supermarket fashion brands and the ramping up of fashion activity by price-focused chains such as Lidl, it’s a sensible move. UK shoppers may be shunning higher-priced chains but value fashion and basics continue to appeal and targeting shoppers while they’re buying other non-fashion items seems to be working well too.

The new Pep&Co concessions in Poundland stores will offer women’s, men’s and kidswear starting February 1. The expansion will also take in Ireland with a pre-easter rollout there in Dealz stores (Poundland is known as Dealz in the Republic of Ireland).

Poundland expects this to propel its sales into the UK’s top 15 by volume after results so far showed that the concession move has boosted sales much more than having standalone stores. It said that over the Christmas period it managed to shift over a million more items than it had done via its standalones during their first trading year.

And the openings won’t only happen in areas with a high proportion of low income shoppers. Affluent Bromley is on the list, for instance, as  is London’s Portobello Road, and tourist city Canterbury, where a large student population is likely to boost sales of its budget fashion.

Poundland had earlier said that its Christmas trading was strong with sales up 20% to £59 million in the week leading up to December 25.

Copyright © 2022 FashionNetwork.com All rights reserved.