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Poundland expands Poundshop team as it prepares to launch UK-wide eCommerce service…

Poundland is expanding the team at its Poundshop business as it prepares to offer a UK-wide eCommerce service.


Poundland bought online discounter Poundshop in March as a foundation for taking its own online business nationwide – and the business is expected to be rebranded as Poundland in the near future.


Since then it has wound down its own pilot online operation, which operated in a limited number of UK postcodes for 18 months, and it is now recruiting 35 back-office, warehouse and fulfilment staff to join Poundshop’s 65-strong team in Wednesbury.


A range of Poundland goods – from its Twin Peaks chocolate bar and Quantum toilet roll to electronics in its Viido range – is now available to buy online on Poundshop.com, while Poundland continues to integrate Poundshop into its own operations.


The update comes as Poundland parent company Pepco this week reports rising sales and profits in the first half of its financial year, to March 31 2022.


Revenues of €2.4bn were 18.9% ahead of the same time last year, with like-for-like sales, reported on a basis that strips out the effect of store – and business - opening and closures, 5.3% ahead of last time.


Underlying pre-tax profits of €144m were 28.5% ahead.


Click below to read the full lnternet Retailing article


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