Not new, but
Maplin's fell into administration in February, closing down sale in progress.
Quote:
Over 80 jobs in the Republic of Ireland are at risk after electricals retailer Maplin collapsed into administration.
The British computer and electrical retailer group, owned by private equity firm Rutland Partners...Maplin currently has six stores in the Republic of Ireland - in Cork, Dublin city, Blanchardstown, Dundalk, Galway and Limerick.
According to PwC, which is still attempting to find a buyer for the group, there are currently 82 people in employment across the six stores here.....Maplin operates 217 stores across the UK and Ireland, including five in Northern Ireland, and has head offices in London and Rotherham.
Today's developments are understood to put a total of 2,500 jobs at risk across the group's operations. .
Graham Harris, CEO confirmed that it "has not been possible to secure a solvent sale of the business".
"As a result we now have no alternative but to enter into an administration process. During this process Maplin will continue to trade and remains open for business," he said.