British retailer Pepco announced this spring that it intends to open the first stores in Portugal during the 2023 decade, in the regions of Porto, Lisbon and Algarve, and that recruitment will start in January.
In a statement, the Pepco Group brand, which also owns the Poundland retailer, announced the plan for the operation in Portugal, with the first stores to open in spring 2023, as part of the expansion plan it is carrying out.
In a first phase, the brand of future prospects, commercial spaces in the regions of Porto Lisbon and Algarve.
The company also said that it has started recruiting for the team that will be responsible for expanding the brand in Portugal, which will have the mission of looking for the best locations and, later, recruiting for the stores, which will start in January 2023.
“In Portugal, the company works in collaboration with owners and real estate agents, to guarantee the term contract of stores with more than 450 square meters, being able to reach in the long term of 700 square meters in ‘retail parks’ and shopping centers, in cities and municipalities with more than 15,000 inhabitants”, originated, in the same note.
Portugal will be the 18th market for the brand, which has approximately 3,000 stores.