Poundland

While other retailers are suffering the effects of the recession, business at Poundland is booming. Selling more than 3,000 products from more than 218 stores, including food, household goods and DIY products for only £1, the discount chain claims to be Europe’s number one single-price retailer. Further expansion is in the pipeline. Under chief executive Jim McCarthy sales grew to £396.2m in 2009.

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Company details
Year2009
Rank37
CompanyPoundland
ActivityDiscount retailer
LocationWest Midlands
Sales £m396.2
Operating profit £m11.8
Main shareholdersAdvent International (78%), David Dodd (12%), management (9%)
Staff5,474
Founded1990
Websitewww.poundland.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda