Roche family ‘offered to cut rent’ at Irish Debenhams stores

Former landlord told protesting ex-staff he had discussions with the department store chain prior to its liquidation

Barry J Whyte

Chief Feature Writer @whytebarry
27th September, 2020
Roche family ‘offered to cut rent’ at Irish Debenhams stores
The Roche family sold their Roches stores network to Debenhams in 1996 but held on to the properties, thus becoming Debenhams landlords in certain locations

Richard Roche, a member of the family who formerly owned the Roches Stores department store chain, has said he offered significant rent cuts to Debenhams prior to its liquidation of the Irish arm of the business.

Roche told former employees of Debenhams that he “had extensive discussions with Debenhams at the highest level, with a view to rationalising its retail estate in Ireland”, according to correspondence seen by the Business Post.

Those discussions,...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

This working life: ‘To achieve anything, you must choose a challenge and step out of your comfort zone’

Ian Guider: We can laugh at Succession, but it’s not far removed from reality

Business Ian Guider 2 days ago

This working life: Schools must do better to ensure Stem leaves no girl behind

Meet Gerry O'Reilly — the Irish Olympian who now invests up to $3bn dollars a day

Business Lorcan Allen 3 days ago