Mobile network 3 is opening 28 new stores and creating 90 new retail jobs in an investment worth almost €5m.

The company says it will open eight 'own stores' and 20 independently-owned operations under the 3 brand. 3 already has 22 own stores and over 200 independent retailers which serve its customer base of over 470,000 users.

3, which is owned by Hutchison Whampoa Group, launched in the Irish mobile services market in 2005. It operates one of the country's 3G mobile phone licences and employs 250 people across the country.

The company saw 40% growth in its customer base in 2009 and said its expansion plans reflect its ambition to further strengthen its position in the Irish market over the next few years.

'Since entering the market in 2005, 3 has worked very closely with local independent retailers and we already have an existing presence in every county in Ireland. This is a sure sign that 3 is continuing to challenge the old networks by offering better value price plans and first-class customer service,' commented 3's chief executive Robert Finnegan.

Meanwhile, Crompton Greaves has announced it will recruit an additional 21 employees at its plant in Cavan. The company manufactures electrical products relating to power generation.

Musgrave Cash & Carry to axe 80 jobs

But there was bad news for another section of the retail sector after Musgrave Cash & Carry said it cutting 80 jobs in depots on both sides of the border.

The company confirmed this afternoon that a total of 55 jobs will go in the south. 15 will be lost Cork, 14 in Killarney, Co Kerry and the remaining 26 jobs at depots in Dublin, Waterford, Limerick, Galway and Donegal. Another 25 jobs will go at its Belfast operation.

The company said it needed to restructure its Cash & Carry business to reflect the changes in the market which have seen the hospitality sector fall by 15-20% and the retail market by 7% last year.

The employees were told at meetings held last week. The 55 jobs in the south will go over the next six months, while the 25 Belfast jobs will be cut in the next four months.

The Cash & Carry business is part of Musgrave Wholesale Partners which employs 1,144 people across 13 depots on both sides of the border.