HMV shuts Ireland stores, 300 jobs lost
HMV receiver Deloitte has permanently shut the retailer’s 16 loss-making stores in Ireland, making 300 staff redundant in the process.
Deloitte said that the stores were closed due to the losses they were making and an inability to find a buyer.
"The marketplace is very difficult given competition from web-based retailers and digital downloads, compounded by a number of other factors including high levels of rent," Deloitte said in a statement.
"All stores were loss making and it was not ...
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