Knowledge & News
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Retail Catch Up
PRL IN-MARKET SOLUTIONS TAKE A GLANCE AT SOME OF THE MAIN STORIES IN AND AROUND RETAIL THIS WEEK Dunnes Stores takes £250 million dividend from UK operation By taking such a large payment now, the Dunnes Stores family eliminates future currency risk if sterling, as expected, falls further against the euro as the effects of
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EY Report Shows Sharp Incline of Shoppers Heading North
A new report released by EY has shown a sharp incline in cross-border shopping this year to an estimated €418 million from €385 million in 2016. Shoppers in the South headed North to take advantage of the drop in the value of sterling. The data, which excludes car sales or online shopping, show cross-border spending
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Irish Households Will Spend Over €2,000 This Christmas
Christmas Retail Monitor 2017 was recently published by Retail Ireland, and predicts that Irish households will spend an average of €2,654 in stores this December. This is approximately €870 more than any other month of the year and almost 2.6% more than Christmas 2016. The report predicts that there will be an increase in total
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Retail Sales Up 4.5% in October Compared With Last Year
Overall, there is an underlying positive trend, but sales ‘remain erratic’ The latest figures from the Central Statistics Office (CSO) show that the volume of retail sales were up 4.5% in October compared with the same period last year, but was flat compared with September. There was a decrease of 0.3 per cent in