A “significant” number of shops will close around the country, according to Retail Excellence Ireland after their Irish Retail Industry Performance Review Q4 2011 showed that a record fall in Irish retail sales levels continued in the fourth quarter of last year. This was in spite of the fact that, compared with December 2010, December [...]
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24th January 2012
“Significant” number of shops predicted to close, according to Retail Excellence Ireland
16th December 2011
High rents will force retail chains to leave Irish market, claims Retail Excellence Ireland
A number of international retail chains will leave the Irish market next year, according to Retail Excellence Ireland. The group says a number of businesses are deciding whether or not to remain in the market based on sales over the Christmas period but added that some may already have made their minds up. CEO of [...]
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12th December 2011
Retailers hit out at government U-turn on rents
Retail Excellence Ireland insists that the Fine Gael/Labour government’s decision to renege on commitments to tackle the two-tier rent system in Ireland will lead to the closure of stores around the country and the loss of countless jobs in the coming months. The group estimate that up to a third of stores may have to [...]
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25th November 2011
Call for an end to Celtic Tiger era rent demands
The refusal of landlords to reduce rent costs is leading to significant job losses, according to the representative body for the retail sector. A survey by Retail Excellence Ireland of 1,418 shops around the country found that reductions of between 3-4% were achieved over the past three years, but retail sales had decreased by 30%. The [...]
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no way has it bottomed out as the next budget will crucify us even further. Overspending in heal...
