Friday August 14, 2020

New lows for high street

Experts predict that the retail sector will suffer many more casualties like HMV and Blacktie over the next year, writes Ian Kehoe.

27th January, 2013
Niall O'Farrell's Blacktie chain went into liquidation last week. Photo: Tony O'Shea

The statistics are stark and sobering. In the past two years, more than 560 companies in the retail sector have collapsed into liquidation, receivership or examinership. Of those, 277 came in the last 12 months, according to a new report by RSM Farrell Grant Sparks, the Irish accountancy practice.

The retail sector has been struggling for some time now. However, the growing feeling among the experts is that 2013 could be the worst year yet.

The early indications are...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago