Brown Thomas to continue to invest in city

MD puts end to โ€˜closureโ€™ rumours
RUMOURS that Limerick flagship store Brown Thomas is set to close, have been dismissed by the companyโ€™s managing director, Stephen Sealey.
Speaking to the Limerick Post, he stated:
โ€œIt was never the case that we were going to close.

โ€œWe are profitable and we have continued to make a profit through the recession, and employ 250 people in Limerick.
โ€œWe own the Oโ€™Connell Street building and we are continuing to invest… we have introduced Warehouse, enhanced Oasis, and we are hoping to expand our cosmetics department.
โ€œI would also like to spend some money on the outside of the building, but to be honest, that is going to have to wait until more buoyancy returns to the marketโ€.
Asked if there had been any expressions of interest in the building from developers, he replied:
โ€œGoing back three or four years ago there were various discussions about the site.
โ€œIf the Opera Centre had progressed, Brown Thomas would have remained an anchor in Limerick, but it is not relevant to now, and we have no intention of moving anywhere.
โ€œWe have been in Limerick for many years and we will remain in Limerickโ€.
He was anxious to dismiss speculation about the storeโ€™s future.
โ€œItโ€™s just hearsay and at this point, itโ€™s annoying. Iโ€™ve got no idea where it has come from.
โ€œWe have a situation where staff from Brown Thomas are out on social occasions and people are asking them when itโ€™s closing.
โ€œIt has been going for some time and we didnโ€™t necessarily want to make a statement on it because we didnโ€™t feel the need to, but now that the rumours have intensified, we had to dismiss themโ€.

ย 

Advertisement