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
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.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
This working life: ‘To achieve anything, you must choose a challenge and step out of your comfort zone’
Giving people the opportunity to master a task or challenge and empowering them to make decisions emphasises independence, adaptability and trust
Ian Guider: We can laugh at Succession, but it’s not far removed from reality
The award-winning comedy-drama is back, reminding us that even its most fantastical plotlines have unsettling parallels in the real-life world of big business
This working life: Schools must do better to ensure Stem leaves no girl behind
A recent survey found that more than half of teenage girls interested in studying engineering and construction studies did not have access to these subjects in school
Meet Gerry O'Reilly — the Irish Olympian who now invests up to $3bn dollars a day
In 1988, he was running for Ireland in the 1,500 metres at the Seoul Olympics. Today, the man from Dunboyne in Co Meath manages the world’s largest total stock market fund for US-based Vanguard