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Poundland is a British variety store chain founded in 1990. It once sold most items at the single price of £1, including clearance items and proprietary brands. The first pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, … See more
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 moreAlthough price-point retailing and psychological pricing was first adopted in the United States during the 1870s by Frank Winfield Woolworth, the chain claims to have … See more
Value for money
Although the £1 price once prevailed throughout the stores, some branded products have been known to be offered cheaper at See moreSales strategy
For much of its history, Poundland promoted their sales strategy through the slogan: "Yes, … See moreCompetition
Since the acquisition of 99p Stores in 2015, Poundland's closest competitor was the now defunct … See more• Pep&Co
• Pound Shop Wars
• Variety store
• See moreWikipedia text under CC-BY-SA license Variety Stores in the United Kingdom - Research and …
WEBChannels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, …
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