Entrepreneur receives University Honour
The man who helped found one of Europe’s leading
discount stores has been given an honorary degree by the University
David Dodd, who co-founded the Poundland chain, was awarded
an Honorary Degree of Doctor of Business Administration in
recognition of his entrepreneurial spirit and contribution to the
economy of the region.
David said: "I have been fortunate enough to have received
several industry awards, but none of them have given me as much
satisfaction as this Honorary Degree.
“To be acknowledged by The University of Wolverhampton, in my
home town, is truly an honour.
"I'd like to thank The University of Wolverhampton for this
wonderful honour, and say how humbled I am by the amazing
achievements of my fellow Honorary Graduates both past and
“Wolverhampton has been good to me, and I hope that over time,
in some way, I am able to reciprocate.
"It's great that we take the time out to celebrate success and
the wonderful contribution made to the area by so many people".
Born in Blakenhall in 1960, David left school after completing
the first term of A-level studies to start a career in retail. By
18 years-old he was managing his own store, but keen to experiment
with his own ideas, David moved into market trading where he spent
two years working on Bilston and Willenhall markets.
In 1982, David took his trading experience into a buying and
selling role with local wholesaler, Hootys Supplies, before moving
into importing and gaining comprehensive knowledge of trading with
manufacturers all over the world.
With a complete experience of the supply chain, David returned
to retailing and in 1990, became co-founder of Poundland, the
national chain famous for selling all of its products for £1. After
leading a management buyout of Poundland in 2002, David went on to
double the size of the business and treble the profits before
retiring from the business in 2007.
David now spends his time assisting start-up and SME businesses
and is an investor in affordable housing projects.
He received the honorary award at a graduation ceremony at the
Wolverhampton Grand Theatre on Wednesday 12 September 2012.
For more information please contact James Allen in the Media
Relations Office on 01902 322003
Date Issued: Thursday 13 September 2012
Picture: David Dodd