![\"A](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/0_4234234234JPG.jpg\")
<\/p>\nMr Price has issued an update after Dublin born discount chain EuroGiant, which employs around 640 people across 77 stores, entered liquidation.<\/p>\n
A Mr Price store(Image: Google Maps)<\/p>\n
Mr Price has issued an update following news that Dublin-born discount retailer EuroGiant <\/a>has entered the liquidation process.<\/p>\n The announcement puts around 640 jobs at risk at the chain, which operates 77 stores across Ireland.<\/p>\n EuroGiant first opened its doors on Moore Street in 1990 and, over nearly 40 years, expanded across Dublin and more than 20 other counties.<\/p>\n The companies behind the chain, EuroGeneral Limited and Bushgrove Limited, attributed the decision to “rising costs,” according to RTE<\/a>.<\/p>\n Despite the liquidation process beginning, all stores will remain open and trading as usual while the review is carried out.<\/p>\n Mark Degnan and Brendan O’Reilly of Interpath have been appointed to oversee the liquidation.<\/p>\n EuroGiant founder Charlie O’Loughlin described the development as a “very hard day”. He said: “I founded this business over 30 years ago and I never imagined it would end like this.”<\/p>\n Discount store EuroGiant(Image: Artur Widak\/NurPhoto via Getty Images)<\/p>\n A spokesperson for EuroGiant said: “Rent and day-to-day operating expenses, along with increased competition in the retail sector, mean the business is no longer viable in its current form.”<\/p>\n In response to the news, fellow discount retailer Mr Price expressed its sympathies and highlighted the challenges of running a retail business in Ireland.<\/p>\n Mr Price said: “We are genuinely sorry to see EuroGiant go into liquidation today. Building a 100% Irish retail business is brutally hard. Our thoughts are with all the team who built EuroGiant and their families.”<\/p>\n![\"Discount](\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/1_GettyImages-1230885024.jpg\")
<\/p>\n