January 20, 2017 8:32 AM ET

Multiline Retail

Company Overview of Poundland Group plc

Company Overview

Poundland Group plc operates as a single price value general merchandise retailer under the Poundland and Dealz brands. The company’s stores offer a range of products in various categories, including household goods, grocery, impulse, and health and beauty products. It operates approximately 900 stores in the United Kingdom and the Republic of Ireland, as well as 10 stores in Spain. The company was founded in 1990 and is headquartered in Willenhall, the United Kingdom. As of September 16, 2016, Poundland Group plc operates as a subsidiary of Steinhoff Europe AG.

Wellmans Road

Willenhall,  WV13 2QT

United Kingdom

Founded in 1990

18,812 Employees

Key Executives for Poundland Group plc

Chief Executive Officer and Executive Director
Age: 51
Executive Chairman
Chief Financial Officer and Director
Age: 50
Legal & Compliance Director and Company Secretary
Age: 52
Head of Investor Relations
Compensation as of Fiscal Year 2016.

Poundland Group plc Key Developments

Poundland Plans to Close Up to 80 Stores

Poundland is planning to close up to 80 stores, just over two months after it was taken over by South African retail giant Steinhoff International. A list of the stores spread across the country has been circulated to property agents as Poundland, which leases the stores, aims to consolidate its portfolio.

Poundland Group Appoints Andy Bond as Executive Chairman

Poundland Group has appointed Andy Bond as its executive chairman. Bond will replace Kevin O'Byrne. Currently, Bond serves at Steinhoff''s Pepkor General Merchandise as chief executive officer.

Poundland Group plc To Be Deleted From Other OTC

Poundland Group PLC's ordinary shares (United Kingdom) will be deleted from Other OTC, effective October 11, 2016. The deletion was due to Acquisition/Merger/Amalgamation.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 2, 2016
--
Merger/Acquisition
July 13, 2016
--
Merger/Acquisition
June 15, 2016
--
 

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