No changes to employment conditions for Superquinn staff

Staff at Superquinn have been told that there will be no change to their terms and conditions, or their pensions, under the takeover by Musgraves.

2,800 people work at the chain, which went into receivership last night.

However, the Musgrave group, which is third in the market, has confirmed it wants to takeover 23 Superquinn stores and retain the workforce.

The takeover will have to be approved by the Competition Authority before it can be finalised.

CEO of Superquinn Andrew Street says staff concerns are now allayed.

"I think staff are very relieved to know that there jobs and pensions are safe," said Mr Street.

"Their future prospects are safe in the hands of Musgrave. I think there was a bit of concern last night when the word 'receivership' was banded about.

"I'm confident that, this morning, we've allayed a lot of those concerns."

More in this Section

Nine Educate Together schools to open next week

Head of Policing Authority hopeful whistleblowers are treated better with new code of ethics

Search for missing person off the Cliffs of Moher resumes

Rose of Tralee boss delighted Sydney Rose expressed Eighth Amendment opinion


Today's Stories

Irish boxing could have done more to keep me, says Billy Walsh

Flight crew praised for handling of mid-air emergency and safe landing at Cork Airport

Campaigners call for end to direct provision after young mother dies at Cork centre

Pat Hickey's family hasn’t visited him in jail

Lifestyle

Food for thought on cutting costs of back-to-school

The cost of education can often catch people out

Woody Allen is enjoying his golden years

Social media giant faces up to gaming

More From The Irish Examiner