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Hughes & Hughes goes into receivership, with the loss of 225 jobs


One of the country’s largest bookshop chains, Hughes and Hughes, has gone into receivership, with the loss of 225 jobs.

In a statement issued today, the company said it had been operating in an environment of collapsing consumer demand due to the recession and exchange rate differential with sterling.

The company also blamed the collapse in passenger numbers through Dublin and Cork airport where the much of the Hughes & Hughes business was generated through its concessions there.

High retail rents and competition from internet booksellers were also factors in the company’s downturn.

A spokesman for Hughes and Hughes confirmed that all staff had been laid off and the shops closed.

Directors and management said they had invited Ulster Bank Ireland Limited to appoint David Carson of Deloitte as receiver to the company.

Hughes & Hughes has been in operation for around 26 years.

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