Shock for Tipperary workers as popular retailer is placed into liquidation after 30 years

Workers at EuroGiant stores across Tipperary are facing an uncertain future after the national discount retail chain was placed into liquidation this week, putting hundreds of jobs at risk across Ireland.

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EuroGiant has three outlets across Tipperary, with branches in Clonmel, Thurles and Nenagh. The news has raised concern among staff and customers in the county, where the stores have become popular shopping destinations for low-cost household goods, seasonal items and everyday essentials.

The High Court has appointed provisional liquidators to the companies operating the EuroGiant chain following years of financial losses and rising operating costs. The retailer has been trading for more than three decades and operates dozens of stores nationwide.

EuroGiant currently operates around 77 outlets throughout the country, employing roughly 640 staff. While the company has entered liquidation, stores are expected to continue trading for now while liquidators review the business and consider options for individual branches.

The liquidation process means the future of these stores remains unclear. Individual outlets could potentially be sold or closed depending on their financial performance and the outcome of the review process being carried out by the appointed liquidators.

The company has blamed a combination of increased operating costs, higher rents and strong competition in the discount retail sector for its collapse.

Industry pressures have intensified in recent years, particularly following supply chain difficulties during the Covid-19 pandemic and increased import and shipping costs.

Competition from rival discount chains and online retailers also reduced footfall in many town centres and shopping locations where EuroGiant stores are based, adding further pressure to the business.

Political representatives and workers’ rights groups have called for support measures for staff affected by the liquidation. Retail jobs such as those in EuroGiant stores often play an important role in local economies, particularly in regional towns.

Despite the uncertainty, the company has thanked employees for their commitment over the years and confirmed that stores will remain open while the liquidation process continues.

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