Business Irish

Wednesday 22 November 2017

Almost 100 jobs at risk as DIY firm struggles

THE Irish arm of UK retailer Homebase has been placed in examinership, threatening almost 100 full and part-time jobs at three stores.

The long-term future of a dozen outlets around the country, employing hundreds, will depend on the outcome of negotiations to reduce rents.

It has 15 stores in Ireland and employs 558 people here.

The High Court was told that last Friday, the UK parent firm said it was withdrawing its support. However, the parent firm has pledged €2.14m to meet trading costs.

The jobs immediately under threat include 17 full-time and 79 part-time positions in outlets at Fonthill in west Dublin, Carlow and Castlebar, Co Mayo.

Homebase Ireland has lost money for the last five years.

Irish Independent

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