Retail News- New brands coming to Ireland and planned revamps


New Homesense stores coming to Ireland

Popular homeware retailer Homesense has announce plans to open two brand new Irish stores.

The new stores will stock household items and decorations and be similar in size in TK Maxx stores. The stores will open this summer with two locations in Dublin and Cork and will create 60 jobs.

Homesense is the sister company of TK Maxx and specialises in soft furnishings and homewares at what they say are hugely discounted prices. TK Maxx’s homeware selection is hugely popular with Irish shoppers, with the company being open in Ireland for the last 20 years.

The first of the Homesense stores will open on June 8th at Westend Shopping Park, Blanchardstown, with a second store, on Grand Parade, Cork, opening on June 15th.

€50 revamp planned for Blanchardstown Shopping Centre

Blanchardstown Shopping Centre is set to get a makeover as its owner US asset manager, Blackstone, is expected to pump €50m into the shopping complex within the next few years.

over the next few years as part of a planned revamp of its ageing West Dublin shopping centre.

New York-based Blackstone bought the centre last year from Green Property for €950m, one of the largest real estate deals in the State’s history.

The company have not confirmed the refurbishment but are said to have set aside money to overhaul the 20-year old Blanchardstown Centre under a multi-year programme.

Blackstone have a successful history of turning around struggling shopping centres. Occupancy rates and footfall at Blanchardstown are already high but retail sources claimed rent increases at the shopping centre were piling pressure on retailers.

Gourmet food range Dean and Deluca launches in Brown Thomas today

Dean & DeLuca launches today in Brown Thomas’ Grafton Street store today. This will be the gourmet food brand’s first European store.

There will be “an extensive range of gourmet goods” available to Brown Thomas customers both in the stores Soho-inspired Level 3 space and online, including a selection of Dean & DeLuca gourmet products and speciality items such as the famous pasta sauces and signature pasta, along with risotto kits, truffle oils, porcini sea salts and a French seasoning collection.

The brand’s famous confectionery range will also be available which includes including almonds and hazelnuts in fine chocolate, toffee caramels and cheesecake caramels, as well as a selection of kitchenware.

Blanchardstown Shopping Centre will be bought for €950 million


Blackstone, a US investment group is favourite to buy Blanchardstown Shopping Centre from Green Property for €950 million. Blanchardstown anchor tenants include Dunnes Stores, Debenhams, Marks and Spencer’s and Penney’s. Green Property developed the site 20 years ago which includes a Cinema and Theatre.

Blackstone are the preferred bidder, with Green Property opting to accept a bid for the Retail Shopping Centre over the coming days. Blackstone are not believed to be the highest bidder, but they are preferred as they are believed to carry minimal risk.

Canada Pension Plan and Chartered Land were the other final bidders. The Shopping Centre has cemented itself within the Irish Retail landscape with over 1.25 million sq ft of retail and retail warehousing.