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Don’t get me wrong, I could have gone crazy and spent my entire month’s wages if I had any room in between the fridge magnets and bouncy balls at home. Within the UK, one of Poundland’s main competitors is B&M. Like Poundland, B&M sell a wide range of FMCG’s and are considered to be within the same discount range of stores. However, B&M does not have the same pricing structure of Poundland.

Poundland's managing director Barry Williams, and Pepkor chief operator officer Sean Cardinaal, said in a letter to staff this week: "In just 12 months we’ve re-established a robust, profitable business generating cash and trading more strongly than we have in many years. Read More Related Articles years of success for Poundland and its continued growth throughout the Covid-19 pandemic may have led to the company being publicly floated, but it is the company’s intentions for the future that make it interesting for traders.The given reason was cited as being due to the companies intend future growth into the Eastern European market, and the success of their Pepco and Dealz chains within Poland itself. It is also possible that Brexit may have contributed to this decision as many firms are still navigating the waters with regards to European expansion. I tried to wander the aisles and find items that would meet the criteria of a “weekly shop” (in other words, things that would run out when it starts snowing). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFD and Forex Trading are leveraged products and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.

We are strongly positioned to deliver significant long-term growth, given our market leading customer proposition in the most attractive sector of retail, the scale of opportunity ahead of us as we expand across the entirety of Europe and the investment in strengthening the infrastructure of the business over recent years’. What makes Poundland shares interesting?The success of nine stores in Spain led to Poundland opening seven stores in France over the last year.

The business model has since been passported into several EU territories, predominantly Ireland, Spain and Poland under the brand names Pepco and Dealz. What we know about the Poundland IPO A recent study by the Sunday Times claimed that Poundland charges up to 50% more than other supermarkets due to the small product sizes.It reminded me of the sweats you get when you start getting really full halfway through a big meal.