Dealz discount stores owner likely to be sold

The boss of Pepco Goup —which operates the Dealz, Poundland and Pepco discount stores across Europe — said it was “inevitable” that its troubled South African owner Steinhoff would put it up for sale.

Steinhoff, which owns the Pepco stores in continental Europe and the Dealz-Poundland stores in Ireland and the UK, has been struggling to recover from a 2017 accounting scandal.