Dealz and Poundland owner plans to open at least 550 stores across Europe       

Pepco currently trades from 3,961 stores

Pepco, owner of European discount retailer brands Pepco, Dealz, and Poundland, has a long-term ambition to reach 20,000 stores.

Pepco, owner of European discount retailer brands Pepco, Poundland, and Dealz, said it would accelerate its store opening programme, with demand for its products remaining strong amid economic uncertainty.

The group, which listed on the Warsaw stock market last year, said it was aiming to open at least a net 550 stores in its 2022-2023 financial year, including taking the Pepco brand into Greece and Portugal.