Poundland Limited · Willenhall, West Midlands United Kingdom
Company Description
Phone: +44-121-568-7000
Fax: +44-121-568-7007
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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 Sainsbury . To read the full description, subscribe now.
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Key Poundland Limited Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $396.2 |
| Employees | 4,700 |
Poundland Limited Executives
8 executives listed for Poundland Limited's Willenhall, West Midlands location.
| Title | Name & Bio | Contact |
| Chairman | Colin Smith | Network |
| Chief Executive | James McCarthy | Network |
| Director Finance | Nick Hateley | Network |
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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