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One of the workmen involved in the restoration of The company released a statement at that time saying that they were moving the business forward. Xtra-vision also owns several million euro worth of DVD stock, although most sales stock was paid for only once bought by customers and was held on consignment basis from film distributors.

Mary Fogarty Greystones people are the fourth healthiest in the country, according to the most recent census results. Let the Glens of Antrim unlock the magic of the Causeway Coast. Hilco told the court HMV may look to engage with Mr McAteer about the possibility of hiring some of the sacked Xtra-vision workers to reopen a small number of its outlets under separate ownership. The website has been optimised for modern web browsers; for the best experience, please update your browser now.

By using this website, you consent to our use of cookies. The Xtra-vision brand is likely to survive via an online business, however, while its DVD vending machine business is also set to continue.

Finding the science in everyday things. Sponsored Does your employer fund a percentage of your pension plan? Most Read in Business. Bleak sales in the following three months, however, led Hilco to close the business and seek the appointment of Michael McAteer, an insolvency partner with Grant Thornton accountants.

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Hilco places movie rental brand into provisional liquidation

The vending machine business may also hire some of the workers, the court was told. Terror of work at gaol revealed 20 years on One of the workmen involved in the restoration of Helping employees to make the right health choices.

Hilco, which bought Xtra-vision out of receivership inalso owns music retail chain HMV, which was unaffacted by the liquidation application yesterday for two companies associated with Xtra-vision.

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Lir Chocolates seeks to sweeten the bitter taste of Brexit All customer vouchers will be honoured. Weak trading in the run-up to Christmas, when sales collapsed by a quarter compared to Decemberspurred the decision yesterday by Hilco Capital to place Xtra-vision into provisional liquidation with the loss of jobs.

Bray Lions Club has begun its search for a Young Ambassador who will represent the club in an international competition. Vartry Rowing Club is in desperate need of a At the time of the sale it was announced that a number of their stores in Ireland would close. A member of the marketing team at Xtra-Vision's head office in Tallaght declined to comment this week on the closure of the Bray shop.

The rise in online streaming movies and digital piracy has ultimately negatively affected the industry however receivers said last year that most Xtra-Vision stores were profitable. Bank of Ireland unscathed following tracker update Much of this stock will be returned to the suppliers and will not be sold on by the liquidator. Don't have an account?

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