It's the Aladdin's cave of the high street, containing a veritable cornucopia of cheap treats and essentials for young and old alike.
But Poundland's years of success following the recession is slowing down after the famous chain reported share losses this week of more than 20% following a drop in sales and profits.
In what the Money Shot thinks is a first in retail history, Poundland blamed its woes on a drop in the sale of loom bands.
If you're too old for loom bands or not blessed with little 'uns who took up the craze, they're small plastic circles which can be braided together to make jewellery and accessories – and were once famously used to make a (questionable) dress.
While the Money Shot is a bit old for loom bands, we do have fond memories of buying childhood treats in the store, from off-brand toys and games to bumper bags of sweets.
But what goodies can you get in Poundland now? In the run up to Christmas, when your great-aunty Jean needs a present and your mum wants you to buy something for Agnes next door, Poundland truly comes into its own.
We paid a visit to our local branch to see what we could find…
From reality show contestants to inconceivably young pop stars and footballers, each and every one has at some point written (in the loosest sense of the word) their own life story.
Alternatively, you could buy a juicy 'unauthorised' biography, full of salacious, fictional detail – the perfect thing to pore over in post-Christmas dinner haze.
Did you know that Poundland has its own make-up brand? We can't vouch for its quality, but it could be the perfect treat for the Zoella-obsessed little sister/cousin in your life.
From tinsel to the tree to table glitter (our favourite), Poundland is the place to go for eye-catching decks for your halls. Just make sure you don't put any of it near a naked flame…
Want to avoid predictable sweets and treats in this year's stockings? Head to Poundland to try something a bit different!
CDs from the past
More excellent stocking fodder can be found in the entertainment aisle, including CDs from long-forgotten bands. Orson, anyone?
Excellently made gadgets
No stocking is complete without a USB cable – you can never have too many, right?
News in brief
If you're in the market for a mortgage, you could be in luck – lending rose by 20% this November from last year, to £21.8bn. The total was the highest it's been since 2008.
The gender pay gap has barely changed in the last four years, according to the Office for National Statistics (ONS). The difference between men and women's pay for full-time workers only changed by 0.2%, from 9.6% in 2014 to 9.4% in April 2015. At the current rate of change, it could be 50 years before men and women have equal pay.
If your Christmas budget stretches further than Poundland you'll be interested to hear that the world's second-largest diamond was apparently discovered in Botswana this week. It's the biggest diamond to be discovered in over a century, according to the Lucara Diamond firm.
Covered Mag letters
I've come to enjoy reading the Money Shot at the end of each week. I appreciate its light-hearted take on the week's money news, and was disturbed and distressed when it was absent for not one but two weeks. Do you regularly take such thoughtless breaks from your work?
If doctors, firefighters, police or teachers downed tools and walked away from their work the whole country would fall to its knees, but you feel able to simply drop your pen and give up for weeks at a time. I hope you look at the other hard-working members of society and feel ashamed, sir.
I for one will not feel able to set my army-issue clock by you again.
Sergeant J T Saunders,
Little Rollright, Oxfordshire
Join us next week for another edition of the Money Shot. Until then, send us your letters.