Topic summary
Poundland

Poundland Limited is a British variety store chain headquartered in Walsall, England.Founded by Dave Dodd and Steven Smith in 1990, originally selling all of its items at the single price of £1, today, it is owned by 1903 Peach Bidco Limited, a consortium which includes Gordon Brothers and Pepco Group.
The retailer grew from a single location in Burton upon Trent, opening its hundredth location in 2003. In 2011, it expanded internationally by launching its first locations in Ireland under the name Dealz, and later into Poland and the Isle of Man. In 2015, it acquired rival 99p Stores. In 2016, Steinhoff International acquired Poundland for £610 million. The following year, Poundland began offering a small selection of items in its stores exceeding £1.
In January 2025, in light of a sales slump, it was reported that it would increase its £1-and-under product range. On 12 June, three months after Teneo was selected to find a buyer for Poundland due to its underperformance, Gordon Brothers bought the British firm for a nominal one pound sterling. Poundland owns Dealz in Ireland and the Isle of Man, whereas the Polish business is owned by Modella Capital.