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Poundland owner Pepco Group's Christmas quarter sales dented by COVID

LONDON, Jan 27 (Reuters) - Pepco Group, the owner of British discount retailer Poundland, said same store sales fell 2.1% in its Christmas quarter, impacted by closures due to the COVID-19 pandemic.

The retailer, which also owns the PEPCO and Dealz brands in Europe, said trading stores - stores that were open for the full duration of any week in the quarter to end-December - delivered like-for-like sales growth of 5.5%.

Pepco Group is part of troubled South African conglomerate Steinhoff, which is still battling the fallout from a 2017 accounting scandal.

Since 2019 Steinhoff has been evaluating a range of strategic options for Pepco Group, including a potential public listing. That process was delayed by the pandemic but Steinhoff said on Monday it had resumed. (Reporting by James Davey; editing by Sarah Young)

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