Argos closes all stores in Ireland, with nearly 600 jobs lost

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Argos closes all stores in Ireland, with nearly 600 jobs lost
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The retailer said that the investment required to modernise its business in Ireland was 'not viable' and that the money would be 'better invested' in other parts of its business.

The retailer said that the investment required to modernise its business in Ireland was"not viable" and that the money would be"better invested" in other parts of its business.Argos will shut all of its stores in the Republic of Ireland in June this year, the company said on Thursday, following a “period of careful consideration".

The company, which sells electronics, gadgets, and toys, said it would propose an enhanced redundancy package for the affected workers during negotiations with Mandate, the trade union that represents retail workers in Ireland.Following a review, the company said it had concluded that the “investment required to develop and modernise the Irish part of its business was not viable and that the money would be better invested in other parts of its business".

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