Jobs at two Mayo stores in jeopardy as national discount chain enters liquidation
EuroGiant, Ballina
The High Court has appointed liquidators to the companies which operate discount retailer EuroGiant putting around 640 jobs, including those at their two Mayo stores, under threat.
EuroGiant was established in 1990 on Moore Street in Dublin before expanding to operate nationwide, including stores in Ballina and Westport.
EuroGeneral Limited and Bushgrove Limited, which trade as EuroGiant, have blamed “rising costs” for the decision to enter “court-appointed liquidation.”
A spokesperson told RTÉ News that their stores will remain open and continue trading as normal while a full review of their store network is carried out.
"Rent and day-to-day operating expenses, along with increased competition in the retail sector, mean the business is no longer viable in its current form," the spokesperson told RTÉ.
They added that their company’s thoughts are with staff impacted this and they wished to thank them for their hard work and commitment over many years.
EuroGiant operate 77 stores across the country employing around 640 staff including their Ballina store located adjacent to the Lower Bridge while their Westport outlet is located at Westpoint Shopping Centre.
