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HMV Ireland Will Not Be Resuming Business

300 jobs lost.

Deloitte, HMV’s administrator, has confirmed that the Irish branch of the entertainment retailer will not be reopening, as a buyer has not been found for the sixteen stores in the country.

The Republic of Ireland stores were closed when HMV announced it was in administration, and have remained closed since that day. Around 300 staff members will lose their jobs as a result of the closures. Deloitte had said that the Irish branches were not making profit, which would have put off any buyers.

The news follows last week’s announcement of 66 stores being closed in the UK, as well as job losses at HMV’s head office including the company’s CEO Trevor Moore.

The news may not be too surprising to some because of how HMV has struggled recently. Deloitte will be doing everything in their power to salvage an operational business from the collapse of the entertainment retailer, which has the unfortunate effect of these closures of the Irish business.

Our thoughts go out to all of those affected.

Source: TheJournal

  1. mrfodder
    Since: Nov 2009

    Just Smyths and Gamestop left. Already noticed Gamestop’s prices going up. Soon I’ll be buying online exclusively.

    Comment posted on 12/02/2013 at 19:54.
  2. Smallville2106
    Since: Feb 2011

    Hope those affected are able to find other jobs very quickly.

    Comment posted on 12/02/2013 at 20:43.
  3. TSBonyman
    Since: Dec 2009

    It’s a real shame that the Irish stores couldn’t be saved too. Apart from games, HMV was pretty much the place to go if you were looking for cd or dvds/blurays so now our retail choices are truly decimated especially for music and movies.
    I did hear someone say today that the Dublin and Cork stores might be re-opened by somebody else so hopefully that rumour has some substance, we’ll have to wait and see.

    Comment posted on 12/02/2013 at 21:04.
    • RudeAwakening
      Since: Jan 2011

      I always found tower records in dublin city centre was always better for music and movies, could never find what i wanted in hmv.

      Comment posted on 12/02/2013 at 22:06.
    • colmshan1990
      Since: Apr 2009

      Seeing as they were carrying everything out of HMV Cork in boxes yesterday when I walked by I wouldn’t hold too much hope I’m afraid.

      Comment posted on 13/02/2013 at 08:20.

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