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Increase For Retail Sales in Ireland.
A report released today by the Central Statistics Office reveals that the volume of retail sales in Ireland increased by 5.8% on an annual basis in December. Online sales for retailers based in Ireland, were estimated to account for 4.1% of total Retail Sales in December 2019 and for 3.3% in the total year.
The sectors with the largest month on month volume increases were Food, beverages and tobacco (11.7%), Motor Trades (5.3%), Electrical goods (4.4%), Hardware, paint and glass (1.8%), fuel (1.1%), Furniture and lighting (0.8%).
Could There Be 800 Retail Jobs on the way to Cork?
Cork may have it’s very own retail outlet village on the way after news this week that Cork County Council has given the green light for a company to seek planning permission. If it goes ahead, Rioja Estates will create a 'Tourist Outlet Village' and create more than 800 jobs.
Rioja Estates already boasts a number of similar retail projects, including ICON at the O2 in London, The Prague Outlet, and the Style Outlets in the French Alps
Revenue ‘cycle’ increase for Halfords
Halfords’ reports that its partnership with Disney, along with its unique bike rage, has led to a positive revenue increase. The impact of the increasing popularity of cycling amongst commuters can not be ignored as Halfords reports that they built 86,000 bikes in the week before Christmas and that revenue increased by 4.6% in the 14 weeks prior.
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