Four Compustore shops in Dublin and Galway have ceased trading, it has been confirmed.
The shops, which specialised in computer and software products, failed to open for trading on Saturday.
A statement from the company's registered office says that notice of a creditors’ meeting will be advertised in the press tomorrow.
RTÉ News understands that up to 60 jobs may have been lost in the closures.
Compustore outlets in other parts of the country are not affected and remain in business.