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...

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