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    Poundland - Wikipedia

    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 … See more

    Criticism and litigation image

    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

    Business operations image
    Overview image
    Corporate affairs image

    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 … See more

    Although 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 introduced this concept to Europe and in 2009, claimed to be the largest single-price … 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 more

     
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