Poundworld was a chain of British value variety stores that sold most of its items for £1. It was founded in 1974 by Yorkshire-based father-and-son team Chris Edwards Sr. and Chris Edwards Jr. In contrast to many high street retailers, it maintained strong sales and growth during the global recession that started in 2007. Poundworld's product range consisted of over 6,000 items including groceries, health and beauty, toiletries, cleaning products and pet care, some of them known brands. At its peak it had 335 stores in England, Wales, Scotland and Northern Ireland. In 2014, it planned to open 150 new stores within three years.