HomeBusinessDebenhams closure a 'major loss' to Limerick

Debenhams closure a ‘major loss’ to Limerick

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DEBENHAMS Department Store is planning to place its Irish operations into liquidation as it says the majority of its stores based in Ireland are not expected to re-open following the COVID-19 (coronavirus) pandemic.

The firm, which provides more than 100 jobs locally and up to 2,000 directly and indirectly at a national level, contacted employees this morning, Thursday, April 9, to inform them of the company’s plans to place its Irish operations into liquidation.

Sinn Féin spokesperson on Jobs and Workers’ Rights Maurice Quinlivan TD has said the situation “represents a major loss of employment during an already difficult period”.

Deputy Quinlivan said, “It is no secret that Debenhams have been struggling over the past number of years, but the appointment of liquidators today will still come as a huge shock to to Debenhams 1,500 staff and for contractors and suppliers all over the country.

“It is extremely stressful for workers to lose their jobs at any time, but right now – in the midst of a pandemic – and when people are really struggling, it is a double blow.”

Labour Party councillor, Conor Sheehan said this came as “terrible news for the hard-working staff and for the people of Limerick who shop in Debenhams” describing the store as “part of the fabric of Limerick life for generations”.

“Our city centre is struggling as it is,” said the Labour councillor, adding, “and this closure will only make things worse and is a major blow for the people and city of Limerick.”

Anchor tenant

The Sinn Féin TD described the department store as a “major store or anchor tenant in many shopping centres and city centre locations” including its location in Limerick City Centre.

He said he believes the store’s closure could have “a huge knock-on effect on neighbouring stores too”.

“It’s imperative Limerick Council now work with the property owner on O’Connell Street to attract a major new tenant to this location,” said Deputy Quinlivan.

Reacting to the news, Cllr Conor Sheehan, Labour Party, said the first job of the Limerick City and County Councils new City Revitalisation Manager must be to find a new anchor tenant for the store.
“I am calling on the Councils new city centre revitalisation manager Celia Larkin to make it her priority to source another anchor tenant for this prime city centre retail unit.”
Cllr Sheehan also called on Limerick City and County council to “speed up the roll-out of a retail strategy for the city”.
He said, “Our city centre is on its knees and will need all of our support to get through the economic shock of the coronavirus pandemic.”
“People need to be encouraged to shop in the city centre and the centre will need a strong anchor tenant to replace Debenhams and attract people into town to shop and this needs to be done as soon as possible.”
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