Four stores are to open under the HMV brand in Dublin and Limerick early next month.

The music and film retailer closed all 16 of its outlets in Ireland last January after going into receivership.

Hilco, which bought HMV from the receiver, will open stores in Dundrum, Liffey Valley and Henry Street in Dublin, as well as at the Crescent Shopping Centre in Limerick.

The flagship store on Grafton Street is not set to trade again.

It is understood the company has recruited 120 managers and staff in recent weeks and the prospect of further stores opening will depend on the level of trade.