1990–1999: Formation and early history
Poundland was co-founded by Dave Dodd and father and son team Keith and Steven Smith in April 1990 with a starting capital of just £50,000 and an office in Sedgley. The firm was funded by … See more

Competition
Since the acquisition of 99p Stores in 2015, Poundland's closest competitor was the now defunct … See more

A Poundland museum has been created at Ludstone Hall, Claverley. This depicts the life of Steve Smith and his rise as market stall holder at Bilston Market to a multi-millionaire. See more

• Pep&Co
• Pound Shop Wars
• Variety store
• Warburg Pincus See more

Sales strategy
For much of its history, Poundland promoted their sales strategy through the slogan: "Yes, Everything's £1!", yet started selling items for more than £1 from the mid-2010s onwards; the Advertising Standards Authority See more

Although price-point retailing and psychological pricing was first adopted in the United States during the 1870s by Frank Winfield Woolworth See more

Value for money
Although the £1 price once prevailed throughout the stores, some branded products have been … See more