Poundshop.com snaps up Wednesbury warehouse
Poundland founder Steve Smith's expanding new online business has just snapped up a 21,000 sq ft warehouse in the Black Country.

And it is just three miles down the road from the £1-for-everything retail giant he started back in 1990. Steve and his father sold the business 10 years later for £50 million and the entrepreneur has gone on to invest in a string of new business ventures.
But, in a return to his roots, he and his son Ashley are backing an online retail business called Poundshop.com, based in Exeter. Headed by managing director Donna Baker, the company launched in 2014 and the company's growth has now seen it take on a warehouse in Wednesbury to cope with its expansion.