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Full coverage: Retail

Deutsche Bank has quietly built a €700m Irish property empire. Now it’s going to court do defend it

DWS is suing Gap and Champion Sports over missed rent as their stores remain closed, but the German landlord is not put off investing in Ireland: it has poured over half a billion euro into Dublin property in the past year alone.

Thomas Hubert
20th Nov, 2020 - 3 min read

Having paid off £25m of debt in March, jewellery group Anthony Nicholas has now secured agreement with lenders on remaining facilities

The Irish jewellery group Anthony Nicholas, owner of the Fields chain, paid off its senior debt after selling four UK stores. With Covid impacting its business heavily, it has adjusted its facilities.

Ian Kehoe
10th Nov, 2020 - 2 min read

Putting the boot in: Jervis sues pharmacy chain over €1.6m lease

Disputes over retail property rents continue to escalate before the courts as Level 5 restrictions bite, this time opposing Boots and Paddy McKillen’s shopping centre vehicle.

Thomas Hubert
30th Oct, 2020 - 3 min read

“Go negotiate with landlords”: How New Look’s examinership bid came unstuck

In a landmark judgement, the High Court has agreed with landlords that the retailer New Look is not yet insolvent and has set aside the appointment of an interim examiner. The result is expected to set down a marker for failing businesses in the Covid era.

Francesca Comyn
14th Oct, 2020 - 8 min read

Taking the “boomerang effect” online: Eamonn Quinn on retail’s accelerated digital transformation

From home delivery to temperature checks, Superquinn heir Eamonn Quinn has backed many food and retail companies. The chairman of Buymie and Kelsius talks about the future of the supermarket – and grants a peep into the Quinn family office.

Thomas Hubert
24th Sep, 2020 - 16 min read

“As a one-man band in a small office, I laugh when I hear about the resources of the oil and fuel lobby”

The Irish Petroleum Industry Association is dead, long live Fuels for Ireland. The industry body representing oil importers and distributors and Ireland's only refinery has acknowledged that its members won't sustain their businesses into the future by selling fossil fuels.

Thomas Hubert
21st Sep, 2020 - 24 min read

A bitter pill: Behind the scenes at the embattled Cara Pharmacy Group

Ramona Nicholas and her husband Canice wanted to build an international chain of 100 pharmacies. Instead, confidential documents reveal the true scale of the company’s financial woes, including a history of losses, debt, and creditor default. Can it now be saved?

I. Kehoe and T. Hubert
8th Sep, 2020 - 12 min read

French landlord fund sues Eason over Galway rent

The period cut-stone building occupied by the bookseller in Galway’s central shopping district remained closed for 11 weeks during the Covid-19 lockdown. Its landlord, a French investment firm with a growing presence in Ireland, is now taking Eason to court just six months after completing a buy-and-leaseback deal.

Thomas Hubert
27th Aug, 2020 - 3 min read

How to save Irish retail: get online and snatch consumers’ pent-up savings from Amazon

Which channel will be more important to the recovery? Will it be bricks or clicks? Can we level the playing field for Irish firms abroad? It is time for a digital single market.

Stephen Kinsella
26th Aug, 2020 - 5 min read

“We don’t have a gym and we don’t sell coffee. It was really about the lifestyle we were trying to promote.”

Its stores have suffered, but Gym+Coffee's online business has ensured the company's growth during the crisis. Co-founder and CEO Niall Horgan talks about the importance of community and brand, and reveals its strategy for international expansion.

Ian Kehoe
17th Aug, 2020 - 17 min read
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