Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDC..L Share News (DC.)

  • There is currently no data for DC.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Carphone Warehouse closes all Irish stores, to lose almost 500 jobs

Wed, 21st Apr 2021 15:11

(Alliance News) - Carphone Warehouse is to shut 81 stores in the Republic of Ireland, with the loss of almost 500 jobs.

Dixons Carphone PLC confirmed on Wednesday that it will close 69 of its standalone stores and 12 stores within outlets.

Staff were informed about the closures, the company said.

Carphone Warehouse said that customers are changing the way they buy mobile devices.

It added that customers are replacing their handsets less often and are buying them separately or as part of more flexible bundles.

In a statement, the company said: "Although these changes in behaviour were anticipated, they were expected to occur over a longer period of time.

"However, the change in shopping behaviours has been accelerated by the pandemic.

"Carphone Warehouse Ireland colleagues have worked hard to make Carphone Warehouse Ireland a success and have been the driving force behind its well-earned reputation for excellent customer service and support.

"This difficult decision is no reflection on their commitment, dedication, and professionalism."

Tanaiste Leo Varadkar said the news will come as a "major blow" to Carphone Warehouse employees and their families after an "incredibly difficult year".

"My thoughts are with them receiving this news today and I want them to know that the government will make all necessary State assistance available to the workers," the Minister for Enterprise added.

"The Minister for Social Protection, Heather Humphreys, is aware of the situation and we will work across government, to help them find new employment, education and training opportunities as soon as possible.

"I know many high street retailers have been under pressure for some time now, as consumers move online – a shift which has been accelerated by the pandemic and I understand that this has contributed to the Carphone Warehouse's decision today.

"Government is working in a coordinated way, through the Retail Forum, and has committed unprecedented levels of financial aid to support retail businesses through these exceptionally difficult times and will continue to do so."

Labour enterprise and education spokesperson, Aodhan O Riordain, called on government to engage with staff and unions affected by today's announcement.

O Riordain said: "Today my thoughts are with the staff and families affected by Carphone Warehouse's decision.

"This is a huge blow for the staff. There is no good time to lose your job but in a labour landscape with record unemployment figures, the timing of this decision could not be worse.

"The immediate focus should be to support the employees who are going to lose their jobs.

"Government must intervene and ensure that there are education and training opportunities for the workers affected."

By Cate McCurry, PA

source: PA

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
16 Apr 2021 12:21

LONDON MARKET MIDDAY: Stocks keep rising as IPO market hots up

LONDON MARKET MIDDAY: Stocks keep rising as IPO market hots up

Read more
16 Apr 2021 09:49

BROKER RATINGS: RBC upgrades WH Smith and downgrades Dixons Carphone

BROKER RATINGS: RBC upgrades WH Smith and downgrades Dixons Carphone

Read more
16 Apr 2021 09:02

LONDON MARKET OPEN: FTSE 100 surges past 7,000 as China economy grows

LONDON MARKET OPEN: FTSE 100 surges past 7,000 as China economy grows

Read more
16 Apr 2021 08:40

RBC Capital downgrades Dixons, upgrades WHSmith

(Sharecast News) - RBC Capital Markets downgraded Dixons Carphone on Friday after a recent strong run, but upgraded its stance on shares of WHSmith.

Read more
16 Apr 2021 08:09

LONDON BRIEFING: FTSE 100 index tops 7,000 points as IPOs keep coming

LONDON BRIEFING: FTSE 100 index tops 7,000 points as IPOs keep coming

Read more
17 Mar 2021 16:51

LONDON MARKET CLOSE: Stocks fall as caution sets in ahead of Fed

LONDON MARKET CLOSE: Stocks fall as caution sets in ahead of Fed

Read more
20 Jan 2021 12:15

LONDON MARKET MIDDAY: Buoyant Mood Ahead Of Biden Inauguration In US

LONDON MARKET MIDDAY: Buoyant Mood Ahead Of Biden Inauguration In US

Read more
20 Jan 2021 09:08

TOP NEWS: Dixons In Online Festive Boost; Names Tesco's Marsh As CFO

TOP NEWS: Dixons In Online Festive Boost; Names Tesco's Marsh As CFO

Read more
18 Jan 2021 11:59

LONDON MARKET MIDDAY: US Holiday Leads To Quiet Session; Airlines Slip

LONDON MARKET MIDDAY: US Holiday Leads To Quiet Session; Airlines Slip

Read more
18 Jan 2021 09:34

UK BROKER RATINGS SUMMARY: Land Securities And Dixons Get Upgrades

UK BROKER RATINGS SUMMARY: Land Securities And Dixons Get Upgrades

Read more
18 Jan 2021 08:40

LONDON MARKET OPEN: Soft Start As China Retail Sales Signal Weakness

LONDON MARKET OPEN: Soft Start As China Retail Sales Signal Weakness

Read more
18 Jan 2021 08:03

LONDON BRIEFING: China Records Weakest Economic Growth In Decades

LONDON BRIEFING: China Records Weakest Economic Growth In Decades

Read more
13 Jan 2021 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
21 Dec 2020 09:31

UK BROKER RATINGS SUMMARY: Berenberg Downgrades Premier Oil To Sell

UK BROKER RATINGS SUMMARY: Berenberg Downgrades Premier Oil To Sell

Read more
17 Dec 2020 13:13

Thursday broker round-up

(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 300p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.