Dunnes Stores to Close Two Dublin Grocery Locations This Month Boosting Local News Engagement
Staff at two Dunnes Stores grocery locations in Dublin have received alarming news regarding imminent closures. The smaller store in Cornelscourt village is set to close this weekend, while the grocery portion of the Ilac Centre outlet will shut down on October 31.
Impact of Store Closures in Dublin
The impending closings impact 27 employees at the West Street store in Drogheda, which is also facing closure after 50 years of operation. Many of these staff members have provided years of service, leading to feelings of shock and disappointment upon receiving news from management.
Dunnes Stores and Employee Redeployment
- The Cornelscourt grocery outlet will cease operations this coming weekend.
- Ilac Centre’s grocery section is set to close at the end of October.
- Employees from the affected locations will be relocated to nearby Dunnes Stores branches.
Trade union Mandate is currently in discussions with staff members regarding their redeployment to other locations in Louth.
Financial Performance of Dunnes Stores
These closures come despite a significant increase in profits for the Northern Irish arm of Dunnes Stores. Recent financial accounts indicate a 44% rise in profits over the past year. Specifically, Dunnes Stores (Bangor) reported a profit of £14.1 million (approximately €16 million) for the year ending in December.
This figure marks an increase from £9.8 million in 2023 and is a substantial growth compared to £2.6 million in 2022. The profitability of Dunnes Stores illustrates a robust financial position, despite the current store closures.
As the company reconfigures its operations in Dublin, both staff and customers are affected by these significant changes. Comments from Dunnes Stores and the Ilac Centre have yet to be received regarding the future of these locations.
