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Dealz
Dealz is a chain of discount retail stores predominantly in Ireland, Spain and Poland, offering a range of general merchandise products, the majority of which are at the fixed price of €1.50 (in Ireland and Spain); £1.20; or zl 6.- 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. Additional Dealz stores also opened in islands off of Britain: one in Douglas, Isle of Man and another in Kirkwall, Orkney. Dealz expanded to these British islands 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 26 May 2018. 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 and because potential custom ...
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Poundland
Poundland is a British variety store chain founded in 1990. It once sold most items at the single price of £1, including Closeout (sale), clearance items and proprietary brands. The first Pilot (experiment), pilot store opened in December 1990 following numerous rejections by landlords who had reservations about allowing a single-price store to operate, fearing it could adversely affect the local competition. An estimated 7 million customers shopped in Poundland every week in 2016, many being female shoppers in the NRS social grade, C1, C2, D and E categories (the working classes in a system of demography, demographic classification used in the United Kingdom). Following a drop in share price of over 50%, Poundland was acquired in August 2016 by Steinhoff International for £610m. The retailer expanded into other List of sovereign states and dependent territories in Europe, European countries during the latter half of 2011, first opening a store in the Republic of Ireland and ...
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European Debt Crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states (Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). The eurozone crisis was caused by a balance-of-payments crisis, which is a sudden stop of foreign capital into countries that had substantial deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared currency. Debt accumulation in some eurozone members was in part due t ...
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Steinhoff International
Steinhoff International is a multinational holding company that is dual listed in Germany and South Africa. Its holdings are in the retail sector, primarily in furniture and household goods, and include a controlling stake in South Africa's Pepkor group. The company operates in Europe, Africa, Asia, the United States, Australia and New Zealand. It is well known for an accounting scandal which led to criminal charges against its former chief executive, Markus Jooste. History Steinhoff was founded in 1964 by Bruno Steinhoff in Westerstede, Germany. Bruno Steinhoff sourced furniture from communist countries in Europe, for resale in Western Europe. In 1997, Steinhoff acquired 35 per cent of Gommagomma, a furniture company based in South Africa, and prepared for a merger the following year. The company moved its headquarters to South Africa in 1998, attracted by the low production costs, and went public on the Johannesburg Stock Exchange that same year. The merged group was heade ...
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Torremolinos
Torremolinos () is a municipality in Andalusia, southern Spain, west of Málaga. A poor fishing village before the growth in tourism began in the late 1950s, Torremolinos was the first of the Costa del Sol resorts to be developed and is still the most popular in the region. On the western shore of the Bay of Málaga and in front of the Sierra de Mijas from Málaga, it is served by the A-7 motorway, which bypasses the city to the north, the Cercanías commuter train and Avanzabus. In 2013, it had 69,389 inhabitants, making it the sixth largest city in the province. The township has an area of and a population density of 3153.85 inhabitants/km2, which is multiplied during the summer months. Areas of the town are dotted with older high-rise residential buildings and hotels, but height limitations on new developments and a significant number of original old town properties have kept the town centre much more open than other popular resorts such as Benidorm and Fuengirola. As ...
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Pep&Co
Pep&Co is a British discount fashion retail chain, owned by the South African company Pepkor (a wholly owned subsidiary of Steinhoff International) and based in Watford, England. Pep&Co opened their first store in the Newlands Shopping Centre in Kettering, Northamptonshire in July 2015. The retailer opened their first 50 stores in 50 days, an average of a store a day, with aspirations to expand up to 900 outlets. Pep&Co opened their first "store-in-a-store" in March 2017, when they utilised space in an existing Glasgow Poundland store without affecting the range offered by the parent store. The chain announced in November 2017 that it planned to expand into the Republic of Ireland by opening a "significant number" within Dealz's stores. In February 2020, Poundland has begun piloting a broader variety of children's clothes across 50 of its shop-in-shops at Pep&Co. Foundation Pep&Co is a value clothing chain, owned and operated by their parent company Pepkor. The concept was thou ...
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Portlaoise
Portlaoise ( ), or Port Laoise (), is the county town of County Laois, Ireland. It is located in the Midland Region, Ireland, South Midlands in the province of Leinster. The 2016 census shows that the town's population increased by 9.5% to 22,050, which was well above the national average of 3.8%. It is the most populous and also the most densely populated town in the Midland Region, Ireland, Midland Region, which has a total population of 292,301 at the 2016 census. This also makes it the fastest growing of the top 20 largest towns and cities in Ireland. It was an important town in the medieval period, as the site of the Fort of Maryborough, a fort built by English settlers in the 16th century during the Plantations of Ireland#Early plantations (1556–1576), Plantation of Queen's County. Portlaoise is fringed by the Slieve Bloom Mountains, Slieve Bloom mountains to the west and north-west and the Great Heath of Maryborough to the east. It is notable for its architecture, engine ...
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Retail Companies Of Ireland
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Irish Times
''The Irish Times'' is an Irish daily broadsheet newspaper and online digital publication. It launched on 29 March 1859. The editor is Ruadhán Mac Cormaic. It is published every day except Sundays. ''The Irish Times'' is considered a newspaper of record for Ireland. Though formed as a Protestant nationalist paper, within two decades and under new owners it had become the voice of British unionism in Ireland. It is no longer a pro unionist paper; it presents itself politically as "liberal and progressive", as well as being centre-right on economic issues. The editorship of the newspaper from 1859 until 1986 was controlled by the Anglo-Irish Protestant minority, only gaining its first nominal Irish Catholic editor 127 years into its existence. The paper's most prominent columnists include writer and arts commentator Fintan O'Toole and satirist Miriam Lord. The late Taoiseach Garret FitzGerald was once a columnist. Senior international figures, including Tony Blair and Bill Cl ...
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Euroland (store)
Euroland was a Dutch variety store chain. History In 1997, the first ''2.50 Shop'' opened its doors, selling everything for ƒ2.50. In 2001, the similar shop called Knaakland ("knaak" was a ƒ2.50 coin) was bought by the 2.50 Shop chain. Both shops kept their original name until the introduction of the euro, less than a year later. Both shops were rebranded to Euroland, using a logo similar to that of Knaakland, and initially selling everything for a euro. As the assortment expanded, the initial €1-only policy was dropped, and other, more expensive goods appeared. Later on however, everything displayed on the side walls was on sale for €1 with more expensive goods occupying the middle of the store. This partitioning was intended to avoid confusion. The chain went bankrupt in 2017. See also * Action * Zeeman (chain store) * Poundland * Family Dollar Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawai ...
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Orkney
Orkney (; sco, Orkney; on, Orkneyjar; nrn, Orknøjar), also known as the Orkney Islands, is an archipelago in the Northern Isles of Scotland, situated off the north coast of the island of Great Britain. Orkney is 10 miles (16 km) north of the coast of Caithness and has about 70 islands, of which 20 are inhabited. The largest island, the Mainland, Orkney, Mainland, has an area of , making it the List of islands of Scotland, sixth-largest Scottish island and the List of islands of the British Isles, tenth-largest island in the British Isles. Orkney’s largest settlement, and also its administrative centre, is Kirkwall. Orkney is one of the 32 Subdivisions of Scotland, council areas of Scotland, as well as a Orkney (Scottish Parliament constituency), constituency of the Scottish Parliament, a Lieutenancy areas of Scotland, lieutenancy area, and an counties of Scotland, historic county. The local council is Orkney Islands Council, one of only three councils in Scotland with ...
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Kirkwall
Kirkwall ( sco, Kirkwaa, gd, Bàgh na h-Eaglaise, nrn, Kirkavå) is the largest town in Orkney, an archipelago to the north of mainland Scotland. The name Kirkwall comes from the Norse name (''Church Bay''), which later changed to ''Kirkvoe'', ''Kirkwaa'' and ''Kirkwall''. Kirkwall was formerly the site of an ancient Norse town founded approximately 1000 years ago. Today, it is a transport hub with ferries to many locations. History The town was first mentioned in in the year 1046, when it was recorded as the residence of , the Earl of Orkney, who was killed by his uncle Thorfinn the Mighty. In 1486, King James III of Scotland elevated Kirkwall to the status of a royal burgh. On the western edge of the town, surrounded by Hatston Industrial Estate, there is a prehistoric monument, known as the "Grain Earth House" (see Historic Scotland). It is a short, low, stone-walled passage, deep underground, leading to a small pillared chamber. This kind of earth house (or "souterrai ...
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Douglas, Isle Of Man
Douglas ( gv, Doolish, ) is the capital and largest town of the Isle of Man, with a population of 26,677 (2021). It is located at the mouth of the River Douglas, and on a sweeping bay of . The River Douglas forms part of the town's harbour and main commercial port. Douglas was a small settlement until it grew rapidly as a result of links with the English port of Liverpool in the 18th century. Further population growth came in the following century, resulting during the 1860s in a staged transfer of the High Courts, the Lieutenant Governor's residence, and finally the seat of the legislature, Tynwald, to Douglas from the ancient capital, Castletown. The town is the Island's main hub for business, finance, legal services, shipping, transport, shopping, and entertainment. The annual Isle of Man TT motorcycle races start and finish in Douglas. History Early history In the absence of any archaeological data, the origins of the town may be revealed by analysis of the origina ...
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