Carphone Warehouse is to shut down its operations in Ireland resulting in 486 job losses as its 69 standalone and 12 in-store outlets are to close.
The announcement was made by the parent company Dixons Carphone, which is based in the UK, who added that the closures will take place with immediate effect.
Only last year, its standalone stores based in the UK were also shut down.
The company stated that the decision was influenced by consumer trends and decreased footfall in excess of 40%.
The company added that customers are increasingly using the online business, which has been accelerated by the pandemic, as well as Currys PC World stores.
The company stated, “Customers are changing the way they buy mobile devices and connectivity, replacing their handsets less often and buying them separately or as part of more flexible bundles,”.
Services will continue to be offered to Irish customers through Currys PC World stores and Currys.ie.