Published on Thursday 22 March 2012 16:46 - Leinster Express
The Rathdowney Shopping Outlet
in Laois will close in May, ten years after its launch as the first
factory retail outlet in Ireland with the loss of six direct job losses
and futher fears for 50 other local jobs.
In a statement the AWG group said the
Rathdowney Shopping Outlet was once home to in excess of 30
international and Irish retail tenants offerings discounts off
high-street prices.
However, AWG said the operation of the centre
has been challenging almost from the date of its launch, with delays to
the upgrading of the roads network, along with a surge in competition
with the addition of new shopping centres in Kildare, Portlaoise and
Kilkenny.
In addition, the significant downturn in the Irish
economy and in the retail trade has seen a reduction of tenants to just
seven currently, which has led to the regrettable decision to close the
facility.
Tony Donnelly, is Managing Director of AWG Property, one of the main shareholders in Rathdowney Shopping Outlet.
“We
have worked extremely hard over the past decade to promote the
Rathdowney Shopping Outlet against a backdrop of continued new retail
competition in the area and delayed infrastructure improvements. We have
continued to invest financially in the centre over that time but
regretfully trading conditions in Ireland for retailers have led to the
loss of some key tenants leading to this difficult decision.
“We
are acutely aware of the importance of the Outlet to the local community
both as an amenity and as a significant source of employment. We have
always appreciated the support of the community and of Laois County
Council.
“The outlet comprises of 41 units totaling 70,000 sqft
and 15 acres of zoned general business land. We wish to engage
constructively and quickly with any interested parties to identify
alternative uses for the facility, to secure and hopefully increase
local employment,” said Mr Donnelly.
No comments:
Post a Comment