ARGOS is set to close its Irish operation including its Letterkenny store.
Staff members were told this morning that the company is closing all stores and online activities in Ireland by 24 June.
It is understood that some stores will close sooner, if their leases expire prior to that date.
It is not known when the Co Donegal store will shut.
The company employs over 400 people in Ireland.
Employees have been informed they will receive four weeks redundancy pay along with the normal statutory two weeks, it is understood.
In October, Sainsburys confirmed that it would close the Argos store in Stephen’s Green Shopping Centre in Dublin city next summer after struggling to regain sales after the Covid-19 pandemic.
The Mandate Trade Union has expressed its disappointment at the company’s decision to pull out of the Irish market.
