Penneys will open a store in The Square in Tallaght in Dublin next year.
It will be the retailer's 37th branch in Ireland and is expected to created 300 jobs.
The store will be located on the ground floor of the shopping centre, and will cover 43,000 sq ft.
Damien O’Neill, Head of Sales, Penneys ROI, says: "We are really excited to confirm the opening of our new store in Tallaght next year. Penneys is iconic in Ireland; we have a strong presence in Dublin and across Ireland, and it’s really important to us when opening any new store, that we do so in the right location.
"We couldn’t wish for a better location for our next store in our home market than in The Square Town Centre. In the coming months, our teams will be working hard to bring Penneys’ unique in-store design and customer experience offering to life and we are looking forward to opening our doors to customers later next year."
Jack Martin, Head of Retail for The Square Town Centre, says: "We are absolutely delighted with this announcement as it has been long overdue for Tallaght. Penneys is a fantastic retailer that will add a great offering to the Centre. For many years, the people of Tallaght have been very vocal in their desire to have Penneys in The Square and I have no doubt they will celebrate this news with us and make this opening a very successful and memorable one. "This will bring jobs and prosperity to Tallaght and we are very excited to be partnering with such a great brand."
Freda O’Donnell, The Square Town Centre’s asset manager from Sigma Retail Partners, says: "We are so pleased to announce that Penneys will be opening in The Square; a huge refit of the space is underway, and we are very excited with Penneys’ plans for their new store.
"They will no doubt be very successful, and we wish them all the best for now and the many years to come."