Iceland pulls the plug on Irish shops with the loss of around 160 jobs

Ed Carty, Ian Guider and Gordon Deegan

Following sustained substantial losses, the firm said six shops in Dublin and one outlet in Letterkenny, Donegal, would close by the end of the week.Iceland said it could no longer cope with losing so much money and could see no sign of a recovery.

“When we left the business four year’s ago the Republic of Ireland was profitable, but when we came back in February it was losing a lot of money. We have spent six months looking at it and have come to the conclusion that it is not possible for us to turn this around,” a spokeswoman said.