Irish retailers must strike a balance between absorbing cost hikes and maintaining true value for money for customers

Monday Insight

What products can be de-listed without impacting on sales? Photo: Gerry Mooney

Owen Clifford

The retail sector is a pivotal element of the Irish economy accounting for 12pc of Irish national GDP. It employs about 300,000 people and delivers annual sales of roughly €30bn which in turn generates tax revenue of €7bn per annum.