Argos

Argos is closing all 34 stores in the republic by the end of June which will see 580 jobs lost, the company has confirmed.

It is a hammer blow to the retail sector and a very sad loss of good unionised jobs. These workers will need to be assisted with potential re-employment, and I am calling on Minister Coveney and Minister Humphrey’s to direct local Citizens’ Information and Local Enterprise offices to coordinate with the workers and their union reps to assist them going forward from this process,” Senator Sherlock said. “Today is a difficult one for Argos’s staff here in Ireland as they get the news that the company will be closing down here. Mandate said it will now being intensive engagements with Argos to “get best possible deal for workers being made redundant”. To further support colleagues, Argos has also committed to a programme of wider support over the coming months,” the company said in a statement. The move will see more than 400 fullt-time staff lose their jobs, with the first stores believed to be closing in a matter of weeks.

ARGOS HAS ANNOUNCED the closure of all its outlets in Ireland. Staff members were told this morning that the company is closing all stores and online ...

It is a hammer blow to the retail sector and a very sad loss of good unionised jobs. The loss takes account of non-cash depreciation costs of €4.63 million. We note that vacant units around the country are not being filled quickly enough which is a significant concern. “The small number of colleagues not eligible for redundancy under Irish Law are expected to receive a one-off goodwill payment. Andy McClelland, Argos Ireland Operations Manager, added: “We understand this is difficult news for our customers and colleagues. The directors stated in November that since the end of March, there has been closure of one additional store “and a further three approved for closure within the next financial year”. Ryan said Coveney’s department will work with trade unions and the company to make sure that employees “are helped in making a transition to an alternative job, an alternative career”. A spokesperson for Retail Excellence Ireland said the closure of the chain emphasises “the fragility and the rapidly changing nature of the retail industry at present”. “It is critically important that the Government continue to monitor developments and step in with supports if needed in the lean months ahead,” a statement noted. A spokesperson for Argos said the company is “committed to doing everything it can to support its people and is talking to 580 colleagues across 34 stores in the Republic of Ireland about their options”. Because Argos is shutting down its complete operation in Ireland this amounts to a collective redundancy which requires a 30-day consultation period and we know the company intends to honour that obligation to engage. The Mandate Trade Union has expressed its disappointment at the company’s decision to pull out of the Irish market and said the union “will engage intensively with the company to get the best possible deal for the workers who are being made redundant”.

The retailer said it will propose an enhanced redundancy package for staff that goes "beyond its statutory obligations". Stores will remain open until June 24th ...

Andy McClelland, Argos Ireland operations manager, said in a statement: "We understand this is difficult news for our customers and colleagues. "Today is a difficult one for Argos’s staff here in Ireland as they get the news that the company will be closing down here," he said. The retail firm said it decided to end operations here following a "long period of careful consideration and a thorough review of its business and operations in the country."

Argos will be closing all of its outlets in Ireland, with large amounts of job losses expected as a result, nationwide.

We will be using this period to negotiate the best possible terms for those who are losing their jobs and we are expecting a constructive response from the company,” she concluded “Today is a difficult one for Argos’s staff here in Ireland as they get the news that the company will be closing down here,” said Mandate official, Michael Meegan. Trade Union Mandate said that they are disappointed at the decision by Argos, and will be working intensively with the company to get the best deal possible for workers.

Argos has confirmed that it intends to close all stores and operations in the Republic of Ireland at the end of June this year.

The announcement only relates to Argos stores in the Republic of Ireland. To further support colleagues, Argos has also committed to a programme of wider support over the coming months. Argos said it arrived at the decision to leave Ireland following a long period of careful consideration and a thorough review of its business and operations in the country.

British supermarket group Sainsbury's said on Thursday its Argos general merchandise business will exit the Irish market, closing its 34 stores there, ...

Register for free to Reuters and know the full story The group said it intended to close all its Argos stores and operations in Ireland at the end of June. - Argos to close all 34 stores in Ireland

Mandate union official Michael Meegan said when staff were told on Thursday it came as a “complete shock”

“It’s sad that there is no Irish store [to fill the gap].” Argos employees have been “very loyal to the company” with many giving service for an average of 11 to 15 years, he said. “I will be sad to see it close,” she said. That’s two big companies gone, and who’s going to fill their shoes?” One employee told thehe “couldn’t fault the company” and it has “done everything right” in its treatment of staff. More than 500 employees from its 34 stores across Ireland, including two in Cork, will be affected by the decision by Sainsburys, Argos’ parent company.

Argos owner Sainsbury's has announced that it is to cease trading at all of its 34 Argos stores in Ireland by June 25, concluding that the investment ...

Argos concluded 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.” However, the group does not have a supermarket presence in Ireland. As part of its exit strategy, Irish customers will no longer be able to purchase orders via the Argos website or place orders via its home delivery service after March 22. Its strategy in the U.K. The company told its workforce that its retail outlet in Portlaoise would close on May 6 with the one in St Stephen’s Green shopping centre, Dublin, closing a week later. Talks between the retailer and union are due to begin on January 30 and Andy McClelland, Argos Ireland operations manager, said: “We understand this is difficult news for our customers and colleagues.

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 ...

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". 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".

With its decision to leave Ireland Argos joins a growing list of retailers to depart the country's main streets and retail parks. With 34 stores around the ...

Irish visitors to Argos stores would also be struck by a very different look and feel to the outlets on this side of the Irish Sea. In this regard, it is clear why major retailers such as Amazon and IKEA have both set about establishing delivery hubs here in Ireland to service customers directly. When the pandemic struck in early 2020, the company dropped its printed catalogues. Many of the standalone Argos outlets have closed, replaced by new stores within existing Sainsbury outlets. The Argos catalogue, with its thousands of pages of products across electronics, toys, and homeware items, was a household staple. Online orders were mainly fulfilled in the UK and shipped to Ireland in fleets of trucks.

Analysis: Argos once had the Irish market to itself, and played the field well, until it had to compete with Ikea, Amazon and the internet.

In an account statement published before Christmas, it said its Irish arm reported a fourfold increase in pretax loss to €13.06 million while sales had declined by 21.5 per cent to €133.76 million. Like the online retailers of today, it sold products people could not feel or touch first and delivered them in cardboard boxes, albeit to the front of the store rather than direct to people’s homes. It afforded Irish people, unfamiliar with the word “flatpack”, access to the cheap-as-wood-chip home furnishings of variable quality that people in the UK had been enjoying since 1973. “Just as our customers’ tastes have changed over the years, so have their shopping habits. In 2020, it jettisoned its printed catalogues after almost 50 years. Ikea was bigger and brasher, often cheaper and always more stylishly, laid out with shoppers allowed to actually see and hold the products they were considering buying before handing over any money.

Argos is to close all of it's Irish stores and ending Irish operations. The company says 580 jobs will go across it's 34 stores.

Minister O'Brien says the one positive about receiving very bad news like that is the jobs market in Ireland is very strong. Housing Minister Darragh O'Brien says it will be a hard day for staff receiving the news today: It says it will offer a redundancy package well beyond the legal requirements.

Retailer Argos has confirmed that it intends to close all of its 34 stores in the Republic of Ireland and wind down its operations here by the end of June.

Argos will now begin the process of winding down its Irish business, with stores to remain open until 24 June. The company has traded in Ireland since 1996 when it opened its first stores in Dublin and Limerick. Argos has also committed to a programme of wider supports over the coming months.