Sunday May 31, 2020

Retailers expect best Christmas in seven years

Retail Ireland expects sales to top €4 billion next month, up 3.5 per cent on last year

9th November, 2015
Households are expected to spend around 2,450 on retail goods this Christmas Pic: RollingNews.ie

Irish retailers are expecting their best Christmas in seven years as the prospect of tax cuts in January boosts consumer sentiment and spending, according to a new report.

Retail Ireland's third quarter monitor predicts households will spend around €2,450 on core retail goods in December, or €600 more than in other months, while it expects core retail sales to top €4 billion next month, up 3.5 per cent on last year. It expects consumer spending...

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