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Poole's Newfoundland trade rapidly declined and within a decade most merchants had ceased trading.The town grew rapidly during the industrial revolution as urbanisation took place and the town became an area of mercantile prosperity and overcrowded poverty.Although Poole did not become a resort like many of its neighbours, it continued to prosper as the rapid expansion of Bournemouth created a large demand for goods manufactured in Poole.
The headquarters of the Royal National Lifeboat Institution (RNLI) are in Poole, and the Royal Marines have a base in the town's harbour.
The earliest recorded use of the town's name was in the 12th century when the town began to emerge as an important port, prospering with the introduction of the wool trade.
Later, the town had important trade links with North America and, at its peak during the 18th century, it was one of the busiest ports in Britain.
Major redevelopment projects began in the 1950s and 1960s and large areas of slum properties were demolished and replaced with modern public housing and facilities.
Many of Poole's historic buildings were demolished during this period, particularly in the Old Town area of Poole.