Jobs lost as Xtra-vision closes stores in Northern Ireland
- 7 May 2013
- From the section Northern Ireland
DVD and video rental chain Xtra-vision is closing 11 stores in Northern Ireland with the loss of 58 jobs.
The rental chain, which employs 242 people in 42 stores across NI, went into receivership last week.
The stores closing are: Lisburn Road, Antrim Road, Shore Road and Ormeau Road, Belfast; Newtownards; Downpatrick; Glengormley; Coleraine; Newry; Carryduff and Holywood.
Nine stores in the Republic of Ireland are also to close.
The receiver said the stores have been identified for closure as a "result of unsustainable trading losses resulting from a fall in revenue".
Luke Charleton of Ernst and Young said: "It is regrettable that we have had to schedule these store closures.
"We are extremely grateful to the employees and management at all the stores for their loyalty and support during what has been a very difficult and uncertain time.
"We are keen to stress that those stores unaffected by these closures will continue to trade as normal."
He said the receiver had received a number of expressions of interest for the business and assets of Xtra-vision and were "encouraged by the level of interest".
In the Republic of Ireland there are nine stores closing - one in Roscrea, County Tipperary and eight in Dublin: Ongar, Carpenterstown, Rathmines, Baggot Street, Tallaght, Phibsborough and two stores in Swords.