High Street carnage as Argos closes ALL its stores in Ireland
Argos employs around 580 people in 34 stores in the Republic of Ireland.The chain says all of its stores will close at the end of June.
It made the decision to leave Ireland following “careful consideration” and a “thorough review” of its business and operations in the country. The company said it found that the investment required to develop and modernise the Irish part of its business was “not viable”.Argos said it would consult with staff and the trade union Mandate, and offer an “enhanced redundancy package” that goes “well beyond” its statutory obligations.
It said a “small number” of staff not eligible for redundancy under Irish law were set to receive a “one-off goodwill payment”.The chain said it was also committed to a programme of wider support to staff over the coming months.
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