Pep&Co to cut jobs at UK head office
Poundland‘s clothing arm Pep&Co is axing 30 jobs at its Watford head office as the retailer moves its buying operations to Poland.
The decision came after the company proceeded with a formal consultation process amid the ongoing transition to bring its clothing and general merchandise under one brand, Pepco.
It will transition to one brand for general merchandise and clothing across Pepco Group between now and mid-2024.
Last year, Pep&Co, which currently operates under Poundland, announced its UK buying operations for Pepco would be moving to its Polish headquarters.
From autumn/winter 2023, all of its UK and Ireland stores will be bought by the Pepco team and will carry the clothing brand, while its general merchandise ranges are set to follow in spring/summer 2024.
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