Thursday October 29, 2020

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

27th September, 2020
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!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The online jobs platform also recorded record turnover but is wary of a potential hit to revenues as pandemic curbs recruitment

Killian Woods | 13 hours ago

LearnUpon’s cloud-based learning management system is used by more than 1,000 companies to deliver online training

Rosanna Cooney | 2 days ago

Accounts for Nick Furlong’s Vevey Management state that ‘directors expect some tenants will not be able to pay their rent’

Barry J Whyte | 4 days ago