Poundland founder cashes in on store's success with new online venture Poundshop. And you guessed it – everything's a quid!

While high street stores around it are failing, Poundland prospers, prompting founder Steve Smith to launch an ambitious online venture

Us Brits love it when we find a bargain, don't we? Whether it's cut-price groceries or discounted homewares, we're there in droves.

And if you love picking up a few items at Poundland on a Saturday (and we won't think badly of you if you do), then you'll be pleased to hear that a new online pound shop launched this week.

Poundland founder Steve Smith, who sold his share in the company in 2002, is to take the idea online, by launching a new website Poundshop.com.


(Image credit: TBC)

The news seems to have sent potential bargain hunters into a spin, as the website, which launched yesterday, was struggling due to high web traffic.

As savvy shoppers will already know, the total cost of your online shopping depends on extra charges - and the expected delivery charge will be around £3.


Steve Smith is confident that the online store will be a success: 'The first few years we didn't make any money at Poundland. It's a bit like this. I suppose I'm the one person who can make it work.'


(Image credit: TBC)

Another place to find great bargains is online homewares store Achica, where you'll find luxury lifestyle brands including Content by Conran, Anglepoise and Bodum, with up to 70% off.

Achica is now celebrating four years of being the UK's leading online store for stylish homewares at discount prices - and the website reached 3 million members in the past year.

'Achica has enjoyed four years in a market where there has been a strong demand for high quality and easily accessible homewares,' says Will Cooper, CEO and co-founder of Achica.

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