Poundland revenues dropped by 6.5% to 985 million euros (£830 million) for the six months to March, compared with a year earlier. The brand suffered “challenges across all categories” and had ...

Poundland was founded in 1990 by Dave Dodd and Steven Smith in 1990, originally selling all of its items at the single price of £1. It started with a single location in Burton-upon-Trent but grew ...

In March, Poundland's owners Pepco put the discount chain up for sale after its financial fortunes declined. It also unveiled a plan to buy back £168m of its own stock.

And while Poundland might not have the nostalgia of something like the Woolworths pic ‘n’ mix, it’s a potential loss we should take seriously. I pray Poundland survives.

Pepco said: “Poundland is a strong brand that serves millions of customers every week and had around two billion euros (£1.67bn) in annual turnover in financial year 2024, but it is also ...

The owner of Poundland has revealed a £642m (€775m) hit to the UK discount retailer, citing several major headwinds including rising costs amid the budget burden facing businesses.

Poundland director of digital Tom Hill said: ‘Poundland Perks allows us to offer shoppers the chance to save, earn and play through their smartphone, making shopping with us even more fun.

Poundland started in 1990 with its first store in Burton Upon Trent and retains a strong presence in the Midlands. There are 86 stores in London alone and 123 in the North West of England.

Poundland, which has more than 800 stores in the UK, said the rate of theft and abuse against workers had “accelerated significantly” across its shops over the past 18 months.