What about the Cork store? Sorry , I forgot , there is no life outside Dublin.

Cork store is a separate company as stated in the article…..

What is it with Cork people and that massive chip they all seem to carry on their shoulder?

Is NAMA not locally owned ie by us

Yhea Joe, NAMA owned by us, sure why don’t you just rock up to NAMA and grab a nice painting from the lobby, sure it’s owned by us so what trouble could you get into.

jay funk in realtion to the story and the comment you make no sense but seeing as how you uttered nonsense I’ll try and explain in the same way as a hospital belongs to us so does NAMA take a picture from either and it still theft you only own a portion of the picture not all of it and have no right to take the portions belonging to the rest of us

My father worked at that shop for forty years day-in, day-out so that he could support us and he never complained about his lot in life. Now he has no job and I can assure you that at his age and with his level of education he has very little potential to find new employment, his new situation is far from a ‘temporary state’. He gave his life to that shop and in recent years accepted continuously deteriorating working conditions to keep it afloat. Today the bank come in and shutter the shop without any warning because the property is of little value to the American investors, my dad ‘risked’ committing himself to that place for two thirds of his life and this is how he is rewarded.

Has your dad heard anything about redundancy payments yet, Dietrich?

I’m afraid he’s away at the moment and I’m trying to find a gentle way to tell him , I’m also trying to get in touch with his co-workers/ Union rep. Obviously it’s very sensitive but if I find out anything that I’m permitted to tell you I will.

And apologies for my rant, it’s kind of a sensitive subject

You’re fine, that wasn’t a rant! Sorry about your dad’s job. We’re planning to do a follow-up piece on redundancy payments to workers so I was just interested to know if they’ve heard anything yet. There hasn’t been anything said about it yet.

@christine you may also want to do a follow up on its creditors/suppliers particularly the smaller ones. Was walking by the shop today and their was a guy very upset and by want I could overhear from his phone call, he is owed a load of cash from stock he supplied and was talking about having letting his staff go if he doesn’t get paid, which he thinks is unlikely,

Cheers Jay, good point.

Your father did very well to get 40 years employment out of the same employer. There’s no such thing as a job for life.

“The shop that has been closed down is Guineys & Co at 79-80 Talbot Street, which was the sister shop to Clerys on nearby O’Connell Street. ”

“The completely separate company Michael Guineys (still with us?), which has branches around the country, was set up by the same family, and has two branches on Talbot Street, is definitely not closing.”

It’s all explained in the article.

Actually, it’s not, it only mentions stores in Dublin. You may not be familiar with Cork, large city, ok city, on the South coast with great food. The store in Cork could be linked to any of them.

The only store that has closed down is Guineys & Co at 79-80 on Talbot Street in Dublin. All the other Guineys around the country are Michael Guineys – they’re a completely separate company and they’re not closing down.

“The completely separate company Michael Guineys (still with us?), which has branches around the country, was set up by the same family, and has two branches on Talbot Street, is definitely not closing.”

It really is explained in the article.

Next time you’re in the O’Connell Street area I’d recommend taking a walk up Talbot Street to see how many discount shops have sprung up there in the last few years. The place is awash with Guineys shops, €2 shops, “Closing Down” shops, sale shops, etc. I’d say the massive competition had more to do with this than government policy did.

You can’t really blame the government for a discount shop closing down during a recession. These are the times in which discount shops usually thrive.

People lose jobs, people find jobs… it’s a temporary state, it’s not like they really had something and lost it, they just worked there.

The owner though, they were ones who owned something to lose and did lose it.

Oh yeh, the owners, always have sympathy for them. Sure they’re on minimum wage and will be struggling, struggling like crazy :)

Only shows your ignorance Martin. Business owners stand to earn more from a business than their workers because they risk way more.

They often land in deep debt when a business like that collapses. Workers? They go on welfare for a while, then find new jobs. I keep seeing retail jobs advertised all the time, crisis or not.