Friday October 23, 2020

SECTOR VIEW: Retailers hope festive cheer continues

After a strong Christmas, many retail firms will be hoping that sales increases will last beyond the January sales, writes Philip Connolly.

17th January, 2013
“Everyone in the sector is waiting with baited breath to see if the tentative signs of recovery that we saw around Christmas and the new year will actually turn into a sustainable recovery.”

The retail sector has already had a difficult start to the year as HMV fell into receivership. However, there are also some signs that some firms are recovering, such as Primark - which operates under the Penney’s brand in Ireland - where revenue rose 25 per cent in the company’s first quarter, which ended on January 5th.

We spoke to Stephen Lynam, director at IBEC group Retail Ireland, about how 2013 is...

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 | 9 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 | 5 years ago