Argos, a catalogue retailer under Sainsbury’s, has completed its exit from the Republic of Ireland (ROI) with the closure of its 30 remaining stores on 24 June 2023.

The retailer had originally operated 34 stores in the country, the first four of which were closed in the last few months.

On its website, the retailer said: “Our Argos stores and online operations in the Republic of Ireland closed on 24 June 2023. If you have a problem with a product after this date don’t worry, we’re still here to help! If you still need help, then our dedicated customer contact centre is available to help.”

Argos announced the closure in January this year after failing to secure the investment needed to modernise its operations in Ireland.

The Irish Times reported that the move will affect up to 580 staff. Those eligible will receive an enhanced redundancy package.

Those who are not eligible for redundancy under Irish law will be offered a one-off goodwill payment.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Meanwhile, the company will provide recruitment, upskilling and other outplacement programmes to support employees.

Argos Ireland operation manager Andy McClelland was quoted by the newspaper as saying: “I would particularly like to thank our fantastic colleagues for their patience and professionalism in the months since we shared our plans with them. We will continue to help those affected however we can as the Irish part of our business winds down.”

The company’s Irish arm, Argos Distributors, reported an operating loss of €12.6m ($13.7m) in the year to 5 March 2022.