The retail brand will look for potential retail spaces in Porto, Lisbon and the Algarve. The company has started recruiting for the team that will be responsible for the brand's expansion.
Polish retailer Pepco announced on Tuesday that it plans to open its first shops in Portugal in spring 2023, in the regions of Porto, Lisbon and the Algarve, and that the recruitment of workers will start in January.
In a statement, the Pepco Group brand, which also owns retailer Poundland, announced the plan to start operating in Portugal, with the first shops to open in the spring of 2023, as part of the expansion plan it is carrying out.
In the first phase, the retail brand will look for potential retail spaces in Porto, Lisbon and the Algarve.
The company also said it has started recruiting for the team that will be responsible for the brand’s expansion in Portugal, which will be tasked with looking for the best locations and then recruiting for the shops, which will begin in January 2023.
“In Portugal, the company is currently looking to work in collaboration with landlords and real estate agents to guarantee the long-term leasing of shops larger than 450 square metres, and even up to 700 square metres in retail parks and shopping centres, in cities and municipalities with more than 15,000 inhabitants,” the company explained in the same statement.
Portugal will be the 18th market for the brand, which has around 3,000 shops.