Re: Re: Roches Stores gone!

I read recently in one of the commercial property supplements that Penneys were in advanced negotiations to take the space vacated by Roches after the M&S deal fell through. It would make sense for Penneys to want to add to their portfolio in Cork as they currently have only one store there on Patrick St. Not sure if this is still the case.

Personally I think the landlord was greedy upping the rents to a beyond reasonable level for M&S as they have now lost a blue-chip anchor retailer that would have proved a significant draw to the centre. It just means that no-one living outside Bishopstown or Wilton would have any reason to go to this shopping centre now as there are no destination outlets there.