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Dublin: 19 °C Wednesday 27 May, 2020

Oddbins not closing Irish stores

Alcohol and wine retailer to close one third of its UK stores, it was announced today.

An oddbins store in London.
An oddbins store in London.
Image: Ewan Munro via Flickr

ODDBINS IRELAND HAS confirmed to that it is not closing any of its Irish stores.

The UK-based chain of off-licences announced today that it is closing 39 of its stores in the United Kingdom, a third of the company’s stores in the country.

A spokesperson for the Irish stores said that it was business as usual here and only UK stores are being closed.

Last week the Guardian reported that the company had appointed corporate financiers Spectrum Corporate Finance and Deloitte to help find a new investor.

A statement from the company said staff were informed on Monday about the decision.

Oddbins turned over £67m in 2009, with pre-tax losses of £4.5m.

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