Franchise Liquidation12 Jun 2020 08:08
newspaper article -----Mothercare’s retail business in the Republic of Ireland is being placed into liquidation with the family that owns the franchise here citing the “unprecedented” impact of Covid-19 on retail sales.
This means its 14 stores in Dublin, Cork, Drogheda, Dundalk, Galway, Limerick, Newbridge and Portlaoise, Sligo and Tralee will not reopen, and that 197 staff will be made redundant.
Staff were informed of the decision yesterday, with Tony McBride of FLC Frank Lynch & Co lined up as liquidator. A meeting of creditors will be held on June 22nd.