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All HMV Ireland stores to close

300 jobs to be lost as retail group continues streamlining operation

All of HMV's Irish stores are to be permanently shut resulting in the loss of 300 jobs, the company has confirmed.

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The 16 Irish stores in question were closed before the chain entered into receivership and employees were placed on temporary lay-off as efforts were made to find a buyer.

In a statement to the Irish Examiner, HMV said: "Since his appointment, the receiver has conducted an assessment of the viability of the company and has actively sought a sale.

"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.

"All stores were loss making and it was not possible to attract a purchaser."

Last Thursday, a list of 66 HMV UK stores facing closure was published as part of the administration process being handled by Deloitte. The closures could result in the loss of almost 1,000 jobs.

And the following day the CEO of the retailer left the company as Deloitte announced 60 additional redundancies across its head office.

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