Retail profits are likely to be hit as stores are offering deeper discounts to attract shoppers, following a disappointing build-up to Christmas.
Retail Excellence Ireland (REI), Ireland's largest retail industry body, has confirmed that the St Stephen's Day sales were the busiest in six years, with high street stores reporting robust footfall and increases in sales of up to 20 per cent.
However, that dropped back significantly on Friday when a gale force storm hit most...
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