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New department store to replace Debenhams in Derry

written by Rachel McLaughlin December 15, 2020
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Up to 200 jobs are to be created in Derry with the announcement of a new department store to replace Debenhams.

Frasers Group has agreed a deal to take over the large unit at Foyleside Shopping Centre.

The Derry retail sector suffered a major blow earlier this month when Debenhams announced that all five of its Northern Ireland stores are closing.

An off-market deal to purchase its anchor building in Derry has been warmly welcomed.

A new Frasers department store will open at Foyleside next year – similar to its anchor store at Victoria Square in Belfast.

Paul Wilson, Director of Retail at Savills who brokered deal the commented: “Bringing Frasers to Foyleside is a massive positive for the centre and the city as a whole. Employing some 200 staff, this will replace the Debenhams with a new relevant retail offering to the centre together with a huge investment to refit the property which we hope will include the stores aspirational Flannels fashion hall.”

Debenhams will continue to trade through the Christmas period.

New department store to replace Debenhams in Derry was last modified: December 15th, 2020 by Rachel McLaughlin
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Rachel McLaughlin

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