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JYSK aims to open 40 Irish stores over the next three to five years

Written by Robert McHugh, on 28th Aug 2019. Posted in General

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Following the successful opening of four Irish stores, Danish home retail brand, JYSK, is calling on Irish landlords to get in touch about available retail properties across Ireland to meet its rapid expansion plans. 

Earlier this year, JYSK announced plans to open 15 Irish stores within 2 years, but it now has its sights set even higher. JYSK is now aiming to open 40 stores over the next three to five years, with a forecasted turnover of €70 million, creating hundreds of new jobs.

The brand will host a meet and greet with potential landlords in the Red Cow Moran Hotel, 22 Naas Road, Dublin 22, on Monday, 16th September, 2019, from 9am. Landlords from across the country are invited to come along, meet with the JYSK team and present their available properties on the day.

Irish customers have embraced JYSK since it opened its first store in Naas in April 2019. In its opening month, the Naas store performed second best out of 1,200 stores across the JYSK Nordic division of the JYSK Group. Four new stores are due to open in the next five months in Sligo, Waterford, Cork and Limerick.

Commenting on the expansion plans, Head of Retail at JYSK Ireland, Roni Tuominen said, "The appetite for JYSK’s offering is there amongst Irish consumers, and we have seen this in our revision of forecasted figures for 2019, which have been increased by almost 50%. Unlike some other large retail brands, we want new JYSK locations in towns and cities all over Ireland, so we can contribute to the local economy, especially in smaller communities where our job creation will be extremely valuable."

Source: www.businessworld.ie

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