Ray Hernan

33 results

Chief executive says Expressway service would ‘continue to be part of Bus Éireann’. Photograph: Eric Luke / The Irish Times

The threat of the State-owned Bus Éireann becoming insolvent within the next 18 months is very real, its new acting chief executive has told staff. (...)

Bus Éireann chairman Aidan Murphy said:  “We are ready to implement, as a matter of urgency, the structural changes and efficiency initiatives which are required to position the business for future growth and viability.” Photograph: Dara Mac Dónaill

Significant changes at top management level in Bus Éireann have taken place in recent days with chief executive Martin Nolan announcing his departure (...)

The chief executive of Bus Éireann has told staff that the company’s finances are in a ‘perilous state’. File photograph: Eric Luke/The Irish Times

The chief executive of Bus Éireann has told staff that the company’s finances are in a “perilous state”and that its losses must be addressed. In a le(...)

A property writeback of €7.5 million, offset by a €3 million provision for the guarantee of group bank loans and net interest payments of €973,000, resulted in Arnotts Ltd closing the year ended January 2015 with a pre-tax profit of €3.6 million. Photograph: Alan Betson / The Irish Times

Arnotts department store in Dublin, which was acquired by Galen Weston’s Selfridges Group in November, made an operating profit of €159,000 in the ye(...)

Arnotts: Selfridges Group acquired the 172-year-old Henry Street business on Monday. Photograph: Dara Mac Dónaill

Irishman Paul Kelly says he has “long admired” the Dublin department store Arnotts and on Monday he got the opportunity to shape its future when Selfr(...)

Break time: A shopper off her feet in the furniture department. Photograph: The Irish Times

1843 – The store that is now Arnotts opens for business at 14 Henry Street having been set up by George Cannock and Andrew White. 1845 – Bankers Andre(...)

 Arnotts, Henry Street, Dublin.  Selfridges has bought the city centre department store for an undisclosed sum. Photograph: Dara Mac Dónaill / The Irish Times

Ciarán Hancock Dublin department store Arnotts has been acquired by the Selfridges Group, the high-end UK retailer owned by successful Canadian busin(...)

Conor Whelan, chairman of Retail Ireland. Photograph: Eric Luke/The Irish Times

Retailers have asked Dublin City Council to scrap proposals to ban private cars from large parts of the city centre because they say it will have “(...)

Arnotts is trading well,  with operating profit of  €12.5 million for the year to the end of January 2014. Photograph: Alan Betson

The battle to take full control of Arnotts department store in Dublin is set to intensify in coming weeks, as its two rival shareholder blocs step (...)

Retail Ireland says figures suggest it will be retailers’ best Christmas for five years. It has forecast a 2 per cent rise in the sales worth €80 million. Photograph: Dominic Lipinski/PA Wire

Men were out in force in the winter sales too with major retailers expressing surprise at the number of male shoppers hunting for bargains.An unusual(...)

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