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03/01/2012
Retailers Welcome December Boost
Retailers have received a welcome boost in sales in the month of December according to new figures, which will show the first rise of year-on-year sales for the last four years.
Retail Excellence Ireland (REI) revealed that sales for retailers are up 0.68% - this being the first rise since March 2008.
The modest rise for December 2011 compared to the same month last year follows 45 months of consecutive like-for-like decline.
Shopping centres have been the biggest beneficiaries of the upturn in sales, with customers venturing further to shop in 2011. Free parking and a stronger mix of stores was also a major factor in luring people out of the cities.
However, regional town centres and high streets have seen the opposite effect, as they struggle to match the lift in sales seen in December 2010.
REI said that while the slight rise in sales was welcome when last year’s adverse weather is taken into account it was quite disappointing.
(LB)
Retail Excellence Ireland (REI) revealed that sales for retailers are up 0.68% - this being the first rise since March 2008.
The modest rise for December 2011 compared to the same month last year follows 45 months of consecutive like-for-like decline.
Shopping centres have been the biggest beneficiaries of the upturn in sales, with customers venturing further to shop in 2011. Free parking and a stronger mix of stores was also a major factor in luring people out of the cities.
However, regional town centres and high streets have seen the opposite effect, as they struggle to match the lift in sales seen in December 2010.
REI said that while the slight rise in sales was welcome when last year’s adverse weather is taken into account it was quite disappointing.
(LB)
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Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
