Penneys is putting plans for its Dundrum expansion on hold in light of the current COVID-19 situation.

The retail giant had intended to open a new store at Dundrum Town Centre, taking over the space left vacant by House of Fraser, which ceases trading in May.

Peter O'Dwyer of The Business Post joined us with this story and more of the day's business news, including:

• Restaurants say they want flexibility from landlords over rents
• Economists at EY forecast the economy could shrink as much as 13%
• Meath couple’s company hit with €105m discount on purchase price
• Flutter wins UK approval for The Star Group deal

Listen to the interview in full by pressing the play button on this page.