The Xtra-vision store in Letterkenny is to remain open.
It was confirmed on Tuesday that 20 Xtra-vision stores are to close on the island of Ireland – nine in the Republic and 11 in Northern Ireland.
Up to 54 jobs are to be lost in the Republic of Ireland.
Those affected will be given the opportunity to take up any vacant positions that arise in other Xtra-vision stores where possible which could reduce the number of job losses by as much as 20.
The receivers said that the stores that were to close had been trading at an unsustainable level.