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Poundland Limited · Willenhall, West Midlands United Kingdom

Company Description

Wellmans Road
Willenhall, West Midlands
WV13 -2QT
United Kingdom (Map)
Phone: +44-121-568-7000
Fax: +44-121-568-7007
    View Poundland Limited Locations On A US MapThis link will open in a new window
    Poundland wants its customers to care as much as it does about the value of British Sterling. Founded in 1990 Poundland is the UK's leading single-price retailer (everything in the stores costs £1) with more than 150 storefronts throughout the country. Its typical 3,000 products offered range from drinks to household goods, with more large-size manufacturers coming on board each year. In 2002 then chief executive David Dodd led a management buy-out backed by venture capitalist Advent International. James McCarthy took the helm as chief executive of the value retailer in May 2006. He joined Poundland from J SainsburyTo read the full description, subscribe now.
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    Key Poundland Limited Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndMarch
    Annual Sales (mil.)$396.2
    Employees4,700

    Poundland Limited Executives

    8 executives listed for Poundland Limited's Willenhall, West Midlands location.
    TitleName & BioContact
    ChairmanColin SmithNetwork
    Chief ExecutiveJames McCarthyNetwork
    Director FinanceNick HateleyNetwork

    Competition

    Competitive Landscape for Poundland Limited
    Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.
    Top Poundland Limited Competitors
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