Brown Thomas has agreed to take the lower ground floor and the ground floor of the House of Fraser store, which will cease trading in May, The Irish Times has learned. She said that while the announcement was unexpected, the company remains hopeful that many of the current staff at its Dundrum department store "will now be employed by the new tenant". The space will undergo a multimillion-euro refit, with the new Brown Thomas store set to open in the first half of 2021, employing more than 400 staff. ‘Enhanced customer experience’Donald McDonald, managing director of Brown Thomas Arnotts, expressed his delight at having secured the new store. No financial details for the letting have been revealed but Brown Thomas is believed to be paying more than €1 million a year for its existing BT2 outlet.

Source: The Irish Times February 05, 2020 05:00 UTC