‘Busi­ness as usual’ at Ea­son in Ark­low

Wicklow People (West Edition) - - NEWS -

IT will be ‘busi­ness as usual’ for staff and cus­tomers as the Ea­son store in Ark­low is set to join the com­pany-owned store net­work.

Ark­low’s Ea­son store is lo­cated in the Bridge­wa­ter Shop­ping Cen­tre and is one of the stores cur­rently op­er­ated on a franchise ba­sis by ex­ist­ing fran­chisees, David Power and Tony Flanagan.

The move comes af­ter book­seller Ea­son agreed terms to ac­quire the trade of six franchise-op­er­ated stores for an undis­closed sum. The deal in­cludes stores lo­cated in Kilkenny, Clon­mel, Bal­brig­gan, Maynooth, En­nis and Ark­low. The com­pany has be­gun a con­sul­ta­tion process with em­ploy­ees at the stores about the trans­fer of their con­tracts to Ea­son on the com­ple­tion of the pro­posed trans­ac­tion.

A spokesper­son for Ea­son said the trans­ac­tion ‘is sub­ject to cus­tom­ary clos­ing con­di­tions, in­clud­ing due dili­gence, and is ex­pected to close by the end of Sep­tem­ber 2019.

‘The pro­posed acquisitio­n is con­sis­tent with Ea­son’s strat­egy of con­tin­u­ing to in­vest in its re­tail op­er­a­tions and will fur­ther strengthen its po­si­tion as the des­ti­na­tion of choice for book read­ers in Ire­land.

‘The six stores are lo­cated in Kilkenny, Clon­mel, Bal­brig­gan, Maynooth, Ark­low and En­nis and it will be busi­ness as usual for cus­tomers and staff fol­low­ing the pro­posed acquisitio­n.’

The spokesper­son for Ea­son con­tin­ued ’as part of the acquisitio­n process, a con­sul­ta­tion process has com­menced with the em­ploy­ees of the six stores about the trans­fer of their con­tracts of employment to Ea­son, on com­ple­tion of the pro­posed trans­ac­tion. The trans­fer will be un­der­taken on the ba­sis that all ex­ist­ing terms and con­di­tions will be main­tained and all cur­rent po­si­tions will be re­tained.’

The pro­posed acquisitio­n of the six stores would in­crease the size of Ea­son’s com­pany-op­er­ated store net­work to 40 shops, of which seven are lo­cated in North­ern Ire­land.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.