Dealz

Dealz is a chain of discount retail stores predominantly in Ireland, Spain[1] and Poland,[2] offering a range of general merchandise products, the majority of which are at the fixed price of €1.50.

Dealz
Subsidiary of Poundland
IndustryRetail
Founded17 August 2011 (2011-08-17) in Dublin, Ireland
Headquarters
Dublin
,
Ireland
Area served
ParentPoundland
Websitedealz.ie

The stores are operated by South African company Steinhoff through its subsidiary Poundland.

History

The first two Dealz stores were opened in Blanchardstown and Portlaoise in September 2011, and by September 2013, the chain had expanded to 28 stores.[3] Additional Dealz stores also opened in the UK: one in Douglas, Isle of Man and another in Kirkwall, Orkney. Dealz expanded to remote parts of the UK because it was offering Poundland products for £1 and £1.20. In September 2012, a store opened in Kirkwall, but this became a Poundland/Pep&Co store on the 26th May 2018[4].

Euroland

It was decided that the name 'Euroland' was not going to be used as it avoided the impact of price volatility in the region[5] and because potential customers did not like the name during the European debt crisis.[6] Also, a chain store of 45 shops with the name "Euroland" already exists in the Netherlands, making it difficult to use the name. Instead of everything being the same price, like the current Poundland model, there will be different prices.[7] As well as offering the Poundland mix of known brands such as Kelloggs, Cadbury's and Kodak, the stores will also sell locally sourced products including milk, eggs and crisps.[8] In July 2014, Poundland opened their first store in Torremolinos, Spain under the Dealz España name.[9] Dealz is a wholly owned subsidiary of the UK retailer Poundland, and ultimately owned by Steinhoff International, listed in Germany and South Africa.[10][11]

References
  1. "Dealz operator Poundland agrees takeover deal worth €715m". NewsTalk. Retrieved 8 August 2016.
  2. "Dealz to enter Poland". wbj.pl. Archived from the original on 20 February 2018. Retrieved 20 February 2018.
  3. "Our History by Dealz". Dealz official. Retrieved 8 August 2016.
  4. "Poundland". May 26, 2018.
  5. "Poundland expands into Europe but shuns the 'Euroland' brand for Dealz". Daily Mail. London. 3 August 2011.
  6. Bowers, Simon (2 August 2011). "Poundland to open 4 stores in Ireland – just don't mention the euro". The Guardian. London.
  7. "Poundland to offer European bargain hunters top Dealz". Daily Mirror. 3 August 2011. Retrieved 26 November 2013.
  8. "Poundland expansion into Europe". Archived from the original on September 29, 2011. Unknown parameter |deadurl= ignored (help)
  9. Delgado, Cristina (2014-10-29). "Los supermercados del 'todo a 1,5 euros' se instalan en España". El País (in Spanish). ISSN 1134-6582. Retrieved 2018-09-16.
  10. "Our History : Poundland". Poundland official. Retrieved 8 August 2016.
  11. "Discounter Dealz snapped up by Steinhoff for £597m". Irish Times. Retrieved 8 August 2016.
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