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Dunnes Stores to pay €20m in shopping centre dispute

Irish department store chain Dunnes Stores has lost its court battle with shopping centre developers Holtglen.

According to The Irish Times, Dunnes has been ordered to pay €20m (£16.8m) to the developers of the Ferrybank shopping centre in Kilkenny, Ireland.

Dunnes, which sells menswear, womenswear and kidswear as well as accessories and homewares, had agreed to be the anchor tenant.

However, due to a disagreement over the contract with the developers of the shopping centre Holtglen, Dunnes refused to fit out the store and, Holtglen claimed, failed to make the necessary payments.

Dunnes had previously fought Holtglen’s claims but a high court judge has now ordered that the department store chain must pay up.

Dunnes has until Friday to appeal to the Supreme Court against the ruling.

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