Argos currently has 34 stores in the Republic of Ireland where it employs 580 people.
The retailer announced it will withdraw from Ireland completely this month and will close its 34 stores on June 24.
Argos has plans to shut down at least three more branches in the UK this summer, including one in Wales and two in England.
Luckily, some of the branches will be relocating to other Sainsbury’s stores around the area. This is part of Argos’ plan to move away from the high street and expand its presence in supermarkets.
Since March 2023, the company opened at least 25 new sites within Sainsbury’s in the UK, and by March 2024, the company expects to have between 430 and 460 Argos counters inside Sainsbury’s supermarkets.
Argos is not the only retailer affected by closures as supermarket Iceland shut down at least 10 branches this year including its shop in Beccles, Suffolk, which permanently closed its doors on June 17.
Poundland closed at least 11 stores in the UK since the beginning of the year, the most recent one was the Cumbernauld store, in North Lanarkshire, on June 11.
Communications Adviser at Poundland, Nick Agarwal, told Express.co.uk: “Sadly from time to time a store closes for a number of different reasons.
“Sometimes that’s because we’re relocating to a bigger unit where we can offer more (eg our new Ipswich store which will open this summer), sometimes to consolidate in an exiting store that’s close by (eg Southport) and in some instances our lease expires and much to our disappointment, the landlord has other plans for that location (eg Kings Lynn and Stoke).”