Barratts has been experiencing difficulties for a while. In December 2011, two stores were closed in Strabane and Belfast.
Administrators are still trying to find a buyer for the 173 stores which remain open across the UK.
Donald McFetridge, retail analyst at the University of Ulster, said: "The impact of this is not going to be very good leading up to the Christmas period.
"Obviously it's bad news for people who are still employed in the Barratts outlets which remain open, for jobs are obviously at risk in a very volatile retail sector both here and nationally."