Retailers braced for wave of temporary closures as virus crisis tightens

Move comes as business figures call for government, banks and Revenue to intervene to avert an economic catastrophe

15th March, 2020
Retailers braced for wave of temporary closures as virus crisis tightens
Retail Excellence Ireland, which represents many retailers across the country, is now expecting that its members will move to temporarily lay off thousands of staff

Retailers are set for a wave of temporary closures due to the coronavirus shutdown, with affected staff to be redeployed to essential operations such as supermarkets and pharmacies.

It comes amid expectations of further intervention by the government, the Revenue Commissioners and the banking sector in the next few days to attempt to avert an economic crisis caused by the spread of Covid-19.

Retailers have already suffered a dramatic sales slump in recent days, with...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Johnson & Johnson will delay vaccine deliveries to EU as blood clots investigated

Glynn rules out offering choice of vaccines despite concerns over AstraZeneca

HSE spent €525m on Irish-made PPE in 2020

Irish people under 30 should not be given AstraZeneca vaccine, epidemiologist says