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Dealz discount retailer says Red Sea disruption limited for time being

Many shipping firms have already re-routed away from the Red Sea and the Suez Canal, the fastest route from Asian factories to Europe.

Red seaDjibouti generalIran backed yemeni houthiPlace red seaOrganisation dealzOrganisation pepcoOrganisation poundland

Dealz-owner Pepco cuts profit outlook again amid increasingly challenging markets

Its shares fell sharply after it highlighted weaker consumer demand for its key clothing and general merchandise categories

Eastern europeCost of livingPlace irelandPlace europePlace ukPlace polandPerson andy bondPerson trevor mastersPerson anand patelOrganisation dealzOrganisation poundlandOrganisation pepco

Dealz-owner Pepco gets profits boost helped by opening new stores

Revenue at the group which includes Poundland and Dealz rose 17.4% to €4.82bn in the 12 months to the end of September

Pepco groupOrganisation dealzOrganisation poundlandOrganisation pepco

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

Pepco currently trades from 3,961 stores

Store openingOrganisation pepcoOrganisation poundlandOrganisation dealz

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