Retail regains vital signs

After the economic storm, it looks like shoppers are spending more again as business picks up, writes Gareth Naughton.

9th February, 2014
David Fitzsimons, chief executive of Retail Ireland: Many retailers are now looking to invest in their business'

Retail was one of the sectors hit hardest by the onset of recession, as disposable incomes plummeted and personal savings trebled.

There are signs that stability is now, however, returning to the sector. Property company Savills Ireland released a report last week pointing to an improvement in retail conditions.

Dr John McCartney, Savills' economist and director of research, said the shift was largely down to the knock-on effects of job creation.

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