Leading DIY chain Homebase has confirmed its Longford store will close in six weeks’ time.
Its UK based parent company, Home Retail Group, confirmed the news in a statement to the Leader yesterday (Tuesday).
“Following a consultation, Homebase can confirm that its store in Longford will close on July 11.
“Discussions are being held with colleagues to find alternative employment both within and outside the Home Retail Group.”
Those discussions started back in January when this newspaper confirmed its N4 Axis Centre store was to cease operating.
No official number has been put on the exact number of jobs that are at stake, though it’s been reported around 30 employees may be affected.
James Morgan, managing partner of the Red Cow Partnership and firm behind the N4 Axis Centre, said the announcement was not entirely unexpected.
As he empathised with those at risk of losing their jobs, he said work was at an advanced stage to replace the home improvement chain.
“Their (Homebase) official lease ends on August 22,” he confirmed.
“We are working very hard on that and I am confident in the next few months there will be an announcement on that.”
Mr Morgan was also at pains to point out that the decision was one taken by the retail giant themselves.
“There was a lot of rumours that did emerge which suggested Homebase was paying huge sums for rent.
“That was not the case at all. They (Homebase) availed of a ten year break clause on their 21 lease,”Mr Morgan told the Leader.
“It was a decision taken at the highest corporate level and we (Red Cow Partnership) had no hand, act or part in that whatsoever.”