Discount retailer Dealz is actively ‘exploring opportunities’ to open a third store in Donegal. It comes as the company has announced an investment fund of €20 million earmarked for store expansion in the Republic of Ireland over the next three years.
From opening its first store in 2011, Dealz has built a network of 78 stores across Ireland including outlets in Letterkenny and Buncrana. As the retailer enters its second decade in Ireland, over half of Dealz’ Irish stores now have PEP&CO ‘shop-in-shops’ offering customers a full range of women’s, men’s and kids’ fashion.
Barry Williams, Managing Director at Poundland & Dealz said the value they bring customers has never been more important.
“Our investment fund will support that growth with new stores in key locations and the creation of good jobs where colleagues can build careers.”
Dealz is working with property agents Cushman & Wakefield and its local legal team at William Fry.
Muireann Griffin, Associate Director, Cushman & Wakefield in Dublin said the investment is a positive news story for the retail sector on the back of what has been a turbulent time. While the Dealz brand was born in Ireland, it now operates across Europe, currently trading from over 200 locations.
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