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