wasn't hugely impressed with this dealz place......thoughts?

constantg

wasn't hugely impressed with this dealz place on william street, the new super big pound shop place. was in there friday and the place is big, but didn't really see anything to set it apart from any of the other pound shops....

skyguy19

they were like vultures in there on friday, according to the people shopping there , there are grreat bargains to be got, I didnt see them to be honest

aN.Droid

Cherry coke. 4 for 1.50. Good in my book!

Cherrycoke

Limericks wrote: »

Cherry coke. 4 for 1.50. Good in my book!

Me too and the Scampi/Bacon fries multipack..nom nom

Most of the food products are cheaper than Dunnes/Tesco

3litres of milk for €1.49..haven't seen it as cheap as that anywhere

aN.Droid

In fact if they only sold cherry coke I would frequent there often! It is my favourite drink

SoCo2009

Cherrycoke wrote: »

Me too and the Scampi/Bacon fries multipack..nom nom

Most of the food products are cheaper than Dunnes/Tesco

3litres of milk for €1.49..haven't seen it as cheap as that anywhere

I take it you like cherry coke then?

Cherrycoke

SoCo2009 wrote: »

I take it you like cherry coke then?

Was it my username that gave it away? :cool:

hightower1

Cherrycoke wrote: »

Was it my username that gave it away? :cool:

"Who loooooves orange soda cherry coke?"

BESman

What the hell is cherry coke???!

aN.Droid

BESman wrote: »

What the hell is cherry coke???!

JONJO THE MISER

Picked up 4 cans of Pepsi 1.50 and a 8 bag of frisps for 1.50 plus 4 bars of choclater (2 bounties and 2 kitkats) 1.50, not bad at all.

RonMexico

Too many euro shops in the city. It will probably close down two of the smaller ones.

eclectichoney

Yeah was in there today and it was jammers. Felt sorry for the €2 shop next door which was practically empty

mgbgt1978

Don't forget that this place is massive in the Uk where they are called Poundland.
Everything over there is £1 (funnily enough) while here they are charging €1.49 for the same stuff.
Just another UK chainstore charging more over here than at home :rolleyes:

Poxyshamrock

mgbgt1978 wrote: »

Don't forget that this place is massive in the Uk where they are called Poundland.
Everything over there is £1 (funnily enough) while here they are charging €1.49 for the same stuff.
Just another UK chainstore charging more over here than at home :rolleyes:

At €1.49, you could hardly complain about the prices now!

eclectichoney

In fairness, the cost base here is also very different to the UK (wages, insurance, rates etc.)

TheInquisitor

You can when comparatively it should be about €1.25, or to cover the increased cost of business over here maybe 1.35. But a full 20% difference in price....

constantg

Poxyshamrock wrote: »

At €1.49, you could hardly complain about the prices now!

.....and yet apparently he/she is!


I only gave a wander in around it being honest. I was pressed for time and it was like the end of days inside there.

aN.Droid

mgbgt1978 wrote: »

Don't forget that this place is massive in the Uk where they are called Poundland.
Everything over there is £1 (funnily enough) while here they are charging €1.49 for the same stuff.
Just another UK chainstore charging more over here than at home :rolleyes:

Higher wages, Higher vat, most of there stock is English so higher transport costs. So, for €1.50 you can't complain.

counterlock

So shop elsewhere if you don't like it

goat2

i was in one of these dealz shops on friday, bought toothpaste, soap, reading glasses, and many more items, delighted with my lot, i think i made big savings thanks to dealz

TestTransmission

eclectichoney wrote: »

Yeah was in there today and it was jammers. Felt sorry for the €2 shop next door which was practically empty

Me too, were you that scary looking cat lady?

eclectichoney

TestTransmission wrote: »

Me too, were you that scary looking cat lady?

Indeed! I really keep meaning to post a picture in the 'Know your limerickans pics' thread... Here I am!

TestTransmission

eclectichoney wrote: »

Indeed! I really keep meaning to post a picture in the 'Know your limerickans pics' thread... Here I am!

Here's your chance so..

I would link you the thread but I'm way too lazy to go find it

the drifter

best thread derailment ever....€1.49 cherry cola...ugh...too expensive..uh cat lady...oh picture thread...ugh lazy...

anyways....i suppose ill check this place out when im in town again...what are the chances of it stocking large quantities of high quality mean for 1.49?

TestTransmission

the drifter wrote: »

best thread derailment ever....€1.49 cherry cola...ugh...too expensive..uh cat lady...oh picture thread...ugh lazy...

Do your job and link the thread so :P

jsd1004

TheInquisitor wrote: »

You can when comparatively it should be about €1.25, or to cover the increased cost of business over here maybe 1.35. But a full 20% difference in price....

The exchange rate is 1.30. We have higher minimum wage, higher VAT here amongst others. 1.50 sounds about right

TheInquisitor

www.xe.com

The exchange rate is 1.17138. I was giving lots of leeway with 1.25.

Forfas calculated in 2010 there 5% was the maximum justifiable price difference there hould be. Include now the 2% vat rise and it 7%.

Working on the correct exchange rate Poundland has a 27.35% price difference

eclectichoney

The exchange rate is more like 1.19 in real life - i.e. nobody actually manages to get the rate from xe.com - there is a markup from the banks. Also the rate was 1.50 - what is to say the euro won't depreciate against sterling over the next few months, so 1.30 or so say? This could easily happen and do you expect dealz to be repricing every few months to reflect this? The cost would be prohibitive. Some cushion needs to be built into the price and one would hope it would work both ways.

Also just a thought, are forfas going to be completely objective / independent on this, or do they have an interest in getting firms to be more competitive? Also, should we really still trust the research output and analysis from Irish state and semi-state agencies these days? :rolleyes::rolleyes: (Is that 3.6 bn down the back of the couch like?)

Berty

Ok Folks don't shop in HMV, Boots, New Look, River Island and many many other stores because they are UK owned.

It's €1.49 and it is good value.

holy guacamole

Best thing about the place imo is the cds/books section.

Some decent albums in there (not really to my taste but still) at the ridiculously cheap price of 1.49 , mostly chart stuff but some indie stuff also.

The books section is great too, once I managed to fight my way through the throng I spotted books by Harlan Coben, Ian Rankin, Bernhard Schlink (wrote The Reader) and several autobiographies. Plenty of Christmas present material for the people you don't particularly like and only consider worth 1.49 of your money.

Skintwin

I was in there Friday night, and it's brilliant!
Got my Dad loads of fiddly DIY stuff as part of his christmas present...a screwdriver with a light, glasses, an ice scraper, a measuring tape with writing pad, pen and spirit level, and (I know it's not DIY) they have HUGE toblerones for €1.49. They'll keep him and my sister happy.

There's loads of stuff I've to go back for when I have the car...baking tins, lunchboxes, christmas decorations, cd's books, milk....
Feckin hell, they even do sandwiches for 1.49. Where are you going to get a cheaper sandwich in town?

milkandsugar

Was in on Friday and thought it was great. Got lots of stocking fillers as well as a few books from santa for the kids. Only 1.49. It was fairly packed though. Would like to go back when it's a bit more empty.

xsiborg

i was in there this morning and i just dont get what all the hype is about, its just another euro store as far as i could see...

Skintwin

milkandsugar wrote: »

Was in on Friday and thought it was great. Got lots of stocking fillers as well as a few books from santa for the kids. Only 1.49. It was fairly packed though. Would like to go back when it's a bit more empty.

I'd say a weekday morning would be your best bet for that!

xsiborg

Skintwin wrote: »

I'd say a weekday morning would be your best bet for that!

em, twas packed this morning too...

Berty

xsiborg wrote: »

i was in there this morning and i just dont get what all the hype is about, its just another euro store as far as i could see...

This is a good quality store, managed by a good company, with good brands at very good prices.

It is not a "Quicke Mart" or other silly 1980's stlye £ shops. This one will be around for a while I'd say.

It also too small. If anybody is in Blanchardstown head over to their one by Argos. It is massive.

diol07

TheInquisitor wrote: »

www.xe.com

The exchange rate is 1.17138. I was giving lots of leeway with 1.25.

Forfas calculated in 2010 there 5% was the maximum justifiable price difference there hould be. Include now the 2% vat rise and it 7%.

Working on the correct exchange rate Poundland has a 27.35% price difference

You will never get the XE change rate. Banks, financial institutions, suppliers and distributors all have their own rates. In reality it's 1.20 (and far higher when it's the supplier/distributor) - and every company has to allow for currency fluctuations as invoices are usually credit lines and rarely paid up front on the date of issue. Another cost is transport - Ireland is one of the most expensive countries to ship supplies to in comparison to the UK and mainland Europe. You also have to factor in that everything in Ireland is far more expensive - rent, wages, rates, electricity, heating, general sundries, cost of living etc. Something that retails in the UK for £60 will usually retail in Ireland for about €75, and that's about right when you factor all of the above in.

xsiborg

Beer Baron wrote: »

This is a good quality store, managed by a good company, with good brands at very good prices.

It is not a "Quicke Mart" or other silly 1980's stlye £ shops. This one will be around for a while I'd say.

It also too small. If anybody is in Blanchardstown head over to their one by Argos. It is massive.

they had all the usual staples mary's of limerick had back in their day, ok, i'd never seen the cherry flavored coca cola before (it actually IS branded proper coca cola! :eek:) but aside from that, yeah, milk, bread, were the only distinguishable items you dont find in too many euroshops...

aside from that they'd just the usual knick knacky bits and pieces, screwdriver sets, toiletries, and confectioneries. other than that i dont see whats so special about them.

on a side-note, the boss of poundland was on undercover boss UK veersion there on channel four a few months back, made for depressing viewing tbh, why they ever volunteered for the bad publicity i'll never understand...

Poxyshamrock

xsiborg wrote: »

on a side-note, the boss of poundland was on undercover boss UK veersion there on channel four a few months back, made for depressing viewing tbh, why they ever volunteered for the bad publicity i'll never understand...

That was the boss of Poundworld.

They operate shops in the Republic as Euroworld which can be found in Tralee and Ennis and other places.

TheInquisitor

diol07 wrote: »

You will never get the XE change rate. Banks, financial institutions, suppliers and distributors all have their own rates. In reality it's 1.20 (and far higher when it's the supplier/distributor) - and every company has to allow for currency fluctuations as invoices are usually credit lines and rarely paid up front on the date of issue. Another cost is transport - Ireland is one of the most expensive countries to ship supplies to in comparison to the UK and mainland Europe. You also have to factor in that everything in Ireland is far more expensive - rent, wages, rates, electricity, heating, general sundries, cost of living etc. Something that retails in the UK for £60 will usually retail in Ireland for about €75, and that's about right when you factor all of the above in.

Ok...you've just agreed with me then? Thats a 25% difference you've just made an example of . To use your example if i was to apply Dealz increase in prices it would be £60 in the UK and €90 in Ireland

xsiborg

Poxyshamrock wrote: »

That was the boss of Poundworld.

They operate shops in the Republic as Euroworld which can be found in Tralee and Ennis and other places.

Poundland/Poundworld, reminded me of the film "coming to America", McDonalds/McDowells:

https://www.youtube.com/watch?v=CGRiTpCji0I

aN.Droid

TheInquisitor wrote: »

Ok...you've just agreed with me then? Thats a 25% difference you've just made an example of . To use your example if i was to apply Dealz increase in prices it would be £60 in the UK and €90 in Ireland

After a certain price infrastructure costs arent as big a deal. It doesnt cost less to employ someone to sell a 1.50 item than a 75 euro item.

Look at it this way, if infrastructure costs were 50c per item + a percent for vat and this is just a number I picked out of my hat it would make sense that a smaller priced item would have a higher overhead on it when compared to a higher value item.

Cherrycoke

For all the ladies here, there's Sally Hansen and Revlon nail polishes in there. Also Maybelline and Rimmel make up. They're all mixed up, so you have to have a good rummage.

TheInquisitor

Limericks wrote: »

After a certain price infrastructure costs arent as big a deal. It doesnt cost less to employ someone to sell a 1.50 item than a 75 euro item.

Look at it this way, if infrastructure costs were 50c per item + a percent for vat and this is just a number I picked out of my hat it would make sense that a smaller priced item would have a higher overhead on it when compared to a higher value item.

Thats a ridiculous statement. Any shop anywhere will sell far more cheap items than it will expensive items. In any case this shop only has one price point and that is €1.49. Which is 49% up on sterling. The last time i checked the exchange rate was 1.17. So lets say they are terrible at negotiating and only get 1.2 on exchanges. It does not under any circumstance cost 29% more to do business in Ireland than it does in the UK.

At the very most its 9-10%, which means their ripping off Irish consumers by that extra 20% compared to what they charge UK consumers. I am however very sceptical that there would be any difference in business costs for them because they surely were able to negotiate very keen rents for their Irish stores now that the market for commercial property has collapsed.

aN.Droid

TheInquisitor wrote: »

Thats a ridiculous statement. Any shop anywhere will sell far more cheap items than it will expensive items. In any case this shop only has one price point and that is €1.49. Which is 49% up on sterling. The last time i checked the exchange rate was 1.17. So lets say they are terrible at negotiating and only get 1.2 on exchanges. It does not under any circumstance cost 29% more to do business in Ireland than it does in the UK.

At the very most its 9-10%, which means their ripping off Irish consumers by that extra 20% compared to what they charge UK consumers. I am however very sceptical that there would be any difference in business costs for them because they surely were able to negotiate very keen rents for their Irish stores now that the market for commercial property has collapsed.

Your not reading my posts right at all. First of all I said I pulled that number out of my hat as an example, Secondly it costs the same to ship a expensive item of the same size and weight as it does a cheap item of the same size and weight.

They are spending the same money on sending cheap items so the cost of shipping doesnt get lost as easily in the small price. You say they are ripping us off? It's a simple fact, they pay more for employees, they pay more in tax, they pay more in vat, they pay more in shipping, they pay more in electricity, they pay more in rent and they pay more in rates (Which Limerick has insanely expensive ones)

As has been said already, XE exchange rate isn't the bank exchange rate it is market exchange rate.

eclectichoney

Actually based on your example - a currency rate of 1.20 and a cost difference of 10%, yielding a 'fair' retail price in your eyes of €1.32 (i.e. 110% of €1.20) - this only represents a 12.9% mark-up with a selling price of €1.49 (17c/1.32) - not 20% as you indicate.

Edit: I also forgot about the 3 percentage point difference in VAT which lessens the mark-up to below 10%

Berty

£1 shops became €2 store and these guys are €1.49

I'd be happier spending €1.49 for a brand of product I recognise.

Kess73

TheInquisitor wrote: »

Thats a ridiculous statement. Any shop anywhere will sell far more cheap items than it will expensive items. In any case this shop only has one price point and that is €1.49. Which is 49% up on sterling. The last time i checked the exchange rate was 1.17. So lets say they are terrible at negotiating and only get 1.2 on exchanges. It does not under any circumstance cost 29% more to do business in Ireland than it does in the UK.

At the very most its 9-10%, which means their ripping off Irish consumers by that extra 20% compared to what they charge UK consumers. I am however very sceptical that there would be any difference in business costs for them because they surely were able to negotiate very keen rents for their Irish stores now that the market for commercial property has collapsed.

The market may have taken a massive downturn but the rents and rates have not followed suit, and despite it making perfect sense to assume that a business would be able to negotiate very keen rates or rent in the current climate, the reality is that is simply not happening in the Irish market to any great degree with many site owners seemingly happy to see their properties sit idle rather than take any cut in what they want in terms of rent.


As for Dealz ripping off Irish consumers in terms of the exchange rate, the Irish overheads are far higher than their UK counterparts which does have an impact upon the price here as many have already pointed out. It would not make up all the difference in the price here compared to the UK, but it does make up a fair chunk of it.

However if people think it is bad now, potentially it could get a lot worse pending the result of the UK's recent move with regards to the EU treaty change proposals.

Kess73

Beer Baron wrote: »

£1 shops became €2 store and these guys are €1.49

I'd be happier spending €1.49 for a brand of product I recognise.

At the end of the day this is the deciding factor. If the store sells the same in demand products at a lower price than other shops in the same city/catchment area, then it will do good business and people will be happy to shop there regardless of what price the same chain sells items for in another country.

adaminho

Chris Jericho around the world in spandex book for €1.49, bargain!