Pepco Plans to Double Western Europe Presence by 2030
Pepco aims to double its Western European presence by 2030 as profits rise. The retailer plans to open 600 new stores and launch a trial in Ukraine.
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PEPCO GROUP NV will double its Western European footprint by 2030 after reporting a 17.5% rise in half-year core profit. The expansion follows the sale of Poundland in the United Kingdom as the retailer focuses on its namesake brand. Investors are tracking the strategic pivot to higher-margin markets like Spain and Italy to drive long-term growth.
