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Poundland CEO buries time capsule to celebrate 25 years of business

Poundland CEO and time capsule

The boss of Poundland has kicked off the firm’s 25th anniversary celebrations by burying a time capsule including its stand-out bargains at the Willenhall headquarters.

One of the items was a Poundland iPhone 5 or 6 charger cable, sold in its stores for just £1 instead of the £15 charged by Apple.

Accompanied by staff, several of whom weren’t even born when the first Poundland store opened in Burton upon Trent, chief executive Jim McCarthy also planted a Macmillan Nurse rose bush to mark the company’s strong links with the cancer charity. Poundland and its staff have raised £1.3 million for Macmillan Cancer Support over the last seven years.

Mr McCarthy also released 25 balloons in Poundland green to mark the event.

He told staff : “I know you will be as proud as I am of what has been achieved over the last 25 years.”

Earlier this year, the company revealed it broken the £1 billion sales barrier, serving more than 5.5 million customers every week.

Mr McCarthy reminded staff that 1990 was also the year of Gazza’s tears at the football World Cup in Italy as well as Richard Gere and Julia Roberts starring in the movie Pretty Woman. A Gazza poster and a Pretty Woman soundtrack CD were among the items in the time capsule.

The year 1990 also saw the first Poundland store opened at Burton’s Octagon Centre, where it sold 13,000 products for £1 each on its first day.

Source : Express & Star

15 May 2015

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