British retailer Poundland is planning to open up an additional 10 of its Dealz branded discount stores in Ireland over the next 15 months.
In a statement released yesterday, chief executive Jim McCarthy said that this would create up to 300 new jobs and involve a €1.75 million investment.
Poundland currently has 30 Dealz stores in Ireland, employs 750 staff and has made a total investment of €8.3 million.
Of the new stores, Mr McCarthy said the “majority” would be outside Dublin.
“We are delighted to be celebrating our second year of trading in Ireland and to be launching our 30th Dealz store in Galway. Our exciting expansion plans will continue to create new job opportunities across Ireland," he said.
He said the company is generating €50 million in annual revenues and sees continued growth opportunities here for some time to come.
