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Brown Thomas & Company Limited is a chain of five upmarket department stores in Ireland, with two located in Dublin, and one each in Cork, Galway, and Limerick.Together with Dublin's Arnotts department store, it is owned by UK-based Selfridges, which in turn is owned by Thai Conglomerate Central Group and Saudi Arabia's Public Investment Fund (PIF).
It was later sold in early 1990s to the Weston family, who owned Brown Thomas, and the name Switzers was dropped. [ 1 ] [ 6 ] [ 7 ] The Switzers premises on Grafton Street was refurbished and remodelled as the flagship Brown Thomas store, but the name Switzer's remains over one door on Wicklow Street.
Arnotts is the oldest and largest department store in Ireland.It is located on Henry Street, on the north side of central Dublin. [2] [3] Together with the Brown Thomas chain of department stores, it is owned by UK-based Selfridges, which in turn is owned by Thai Conglomerate Central Group and Saudi Arabia's Public Investment Fund (PIF).
In 1862, the Dublin Builder said the street "abounds in old premises in need of doctoring up." [8] During the late 19th century, a number of retail properties were built and several long-standing businesses established their presence on the street, such as the department stores Switzer's and Brown Thomas. The jewellers Weirs opened in 1869. [11]
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In Ireland, the retail sector provides one of the largest sources of employment in the economy, representing over 12% of the workforce. [1] As of 2017, approximately 40,000 wholesale and retail businesses employed almost 280,000 people in Ireland, [2] [1] with the Department of Enterprise, Trade and Employment reporting that 90% of these businesses were Irish-owned.