Thursday 20 July 2017

Discount retailer to create 100 jobs in 12 new stores

Gordon Deegan

A DISCOUNT retailer plans to open 12 new stores and create more than 100 new jobs, with the owner saying lower rents are behind the expansion.

Euro General Retail operates a network of discount €2 or less shops across the country.

Owner Charlie O'Loughlin said yesterday that it was the company's first expansion since 2007 and that the new stores would open between now and September, with 50pc in Dublin.

Mr O'Loughlin said: "We stopped expanding in 2007 because the rents were so crazy. There are now more favourable rents available."

He said that the expansion would create "somewhere north of 100 jobs".

He added: "We see potential to open even more stores. We are much more competitive than we were seven or eight years ago."

Mr O'Loughlin said that some of the new stores would be based in Westport and Sligo and the first stores would be opened in the next four to five weeks.

Meanwhile, a cutting-edge family food company has created a dozen new jobs with the launch of an innovative microwave fish range.

The microwaveable fresh fish product from Keohanes of Bantry was officially launched yesterday in the west Cork town by the Agriculture Minister Simon Coveney.

Irish Independent

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