Examiner tells High Court of buyer lined up for some Iceland stores

A collective redundancy process for a number of Iceland workers in Ireland is likely to start in the coming days, and a number of its Irish stores will not re-open as a new buyer is lined up for the business, the High Court has heard.

Joe Walsh, the company’s court-appointed examiner, said that more than a dozen stores had been closed, with 160 staff on temporary lay-off, and that it was likely that some stores ...

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