Business Irish

Thursday 27 July 2017

Retailers want government action amid slowing sales

Retail sales have weakened in recent weeks, figures show.
Retail sales have weakened in recent weeks, figures show.
Donal O'Donovan

Donal O'Donovan

Figures due to be published today will show that retail sales have weakened in recent weeks, according to industry body Retail Excellence Ireland.

With politician meeting this week for talks aimed at forming a government, the group representing shopkeepers launched a plan it wants any new administration to implement. "We are calling for the immediate formation of a government and the need for a focus on the 'real' economy," said Lynn-Drumgoole, head of communication at Retail Excellence Ireland.

"Retail in Ireland provides employment to 280,000 people and is the country's largest private industry. We require a real and immediate focus on the domestic economy in the way that previous governments have focused on foreign direct investment (FDI) and support of export based businesses."

The group wants a reduction in the employers' PRSI rate, lower VAT rates, more focus on reviving towns, equal tax treatment for the self-employed, and action on crime, business costs and skills training.

Irish Independent

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