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Pepco Group plans to sell Poundland, facing store closures and a recent 6.5% revenue drop.
Pepco Group, the parent company of UK discount retailer Poundland, plans to sell the chain by September.
Poundland has struggled with weak sales, resulting in a 6.5% drop in revenues to €985 million for the six months to March.
Up to 200 stores may close as part of the sale, with several investment firms and private equity groups expressing interest in acquiring the business.
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Pepco Group planea vender Poundland, enfrentando cierres de tiendas y una reciente caída de ingresos del 6,5%.