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Fears for local jobs as liquidators appointed to HMV Xtra-vision stores

Ken McGuire by Ken McGuire
27/01/2016
in KCLR News
Xtra-vision on Kennedy Avenue, Carlow, and (inset) HMV Xtra-vision on High Street, Kilkenny

Xtra-vision on Kennedy Avenue, Carlow, and (inset) HMV Xtra-vision on High Street, Kilkenny

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Workers at local HMV Xtra-vision stores are waiting to find out if they still have jobs this week with news emerging Wednesday that Grant Thornton have been appointed as liquidators to the stores purchased by the Hilco Capital group in 2013.

Hilco Capital operate over 80 combined Xtra-vision outlets in the both the Republic of Ireland and Northern Ireland.

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One of our reporters contacted the Kennedy Avenue store in Carlow to query whether a gift voucher would be honoured and were directly to try later on this week.

Both stores on High Street, Kilkenny and Kennedy Avenue, Carlow, are closed today awaiting contact from liquidators.

Grant Thornton provided the following statement to KCLR on Wednesday afternoon.

Statement From The Liquidators

Grant Thornton can confirm that Michael McAteer has been appointed provisional liquidator of Xtra-Vision Entertainment today.

Our first priority is to meet and brief employees at all 83 locations and processtheir entitlements for redundancy.  Over the coming days we will be incontact with all creditors of the company however, it is important to note that any Xtra-Vision gift vouchers will be honoured by HMV which is not affected by this liquidation.”

KCLR understands that staff within the Kilkenny HMV Xtra-vision store remained on site behind closed doors this afternoon while shutters blocked the doors from High Street today.

Story developing. Stay tuned to KCLR news on air across the day for updates.

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