Pepco, the value-focused apparel sister banner of Poundland and Dealz, plans to move into Italy and Greece in the next phase of its European expansion. Pepco has been on a major growth run in CEE in recent years and sees sufficient similarity in these southern European markets to justify entering the market. According to CEO Andy Bond, the business intends to double profits in the next five years and sees bringing its discount operation to more markets as central to that goal.

Source: Financial Times