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Poundland to bring six stores and 180 jobs here

BUDGET retailer Poundland is planning to open in Ireland under the name Dealz.

The British company hopes to open six stores here by March 2012, creating 180 jobs.

The move by the company, which is majority owned by private equity group Warburg Pincus, will involve an investment of about €2m.

The first four shops will open in October, with 25,000sq ft of retail selling space -- and the retailer has identified a number of suitable sites, predominantly in suburban Dublin but also in Cork.

It is understood that Poundland is in the process of hiring an executive to lead the Irish business.