Waterstone’s To Close Two Dublin Stores

Waterstone’s, which is part of the troubled HMV group,  is to close two of its Dublin Stores in a group wide restructure which will see 11 stores close.

The Daswon Street branch and the store in the Jervis Street Centre are scheduled to close on 6 February with the loss of 46 full-time equivalent* positions.

The company has now entered consultations with the affected staff and while some of them may be offered positions with the groups other stores, the likelihood is that most will be made redundant.

When the two stores close, no Waterstone’s branded outlets will remain in the capital city, though the Hodges Figgis store on Dawson street which is also part of the group will continue to trade and the Cork and Drogheda branches Waterstone’s will also remain in operation.

A spokesperson for the chain said that Waterstone’s were still committed to retailing in Dublin and while she refused to discuss the individual stores she said, ‘there were very specific reasons why we’ve made these closures.’

She also said that Waterstone’s continued ‘to look for another site in Dublin’ and if the right location came available the company would consider opening a new store.

The spokeswoman was unsure if there would be stock clearance sales at the closing stores.

The other stores closing are:
Colchester, Culver Square
Worcester, High Street
Guildford, North Street
Stafford, Guildhall
Hemel Hempstead, Marlowes Centre
Coventry, Cathedral Lanes
Chelmsford, Meadows

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*This metric, used by Waterstone’s includes a mix of full and part-time positions expressed as full-time positions.