Retail News Catch-up

As the Budget nears and speculation continues, we round up some of this week’s biggest retail news stories.

Irish shoppers spent record amount over Christmas

BUDGET SHOULD TAX EMISSIONS AND PROPERTY – NOT INCOMES

John Fitzgerald argues for a increase in the 9% hospitality VAT rate.

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ALCOHOL BILL PASSED BY DAIL

The Public Health (Alcohol) Bill, which introduces stringent new measures on alcohol sales, has passed after many delays.

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LATEST ECONOMIC INDICATORS REPORT PUBLISHED

Ibec has published a comprehensive new report measuring data from local authorities across Ireland.

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LAVAZZA ACQUIRES MARS INC’S COFFEE BUSINESS

Italian coffee giant Lavazza has agreed to buy Mars Drinks in $650 Million deal.

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WORLD’S MOST EXPENSIVE WHISKY SELLS FOR ALMOST €1 MILLION

Single bottle of 1926 Macallan Valerio Adami fetches over €950,000 at auction.

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