DECEMBER TRADE NEWS

 

eBay sellers urged to identify wholesalers

Rise in minimum wage would hurt small retailers

Consumers eager for Boxing Day sales

Fake clothing & fashions pair sentenced

Independent stores receive late-December boost

Oxfam troubled by lack of donations

Many retail chains could collapse in New Year

Rosebys collapse affects Manchester wholesalers

Working hours ruling affects small retailers

Last-minute shoppers 'rescuing stores'

Slowdown could hurt Irish retail

New figures show November sales rise

BRC helps small retailers with rent agreements

January 5th set as Woolworths closing date

Pre-Christmas discounts rise to epic proportions

Counterfeit DVD seller a Christmas turkey

Parking restrictions 'hurt local trade'

Councillors block Tesco store plan

Inflation squeezing small retailers

Cardiff's historic arcades 'under threat'

Grim London sales 'beginning to improve'

Rural retailers 'silent victims' this Christmas

New JK Rowling title 'in short supply'

700 jobs lost at CD and DVD wholesaler

Smoking display refits to cost small firms thousands

Tobacco ruling could adversely affect small shops

2009 tough but there are reasons for optimism

Buyer on the horizon for books wholesaler?

Woolworths struggling to find buyer, facing closure

Troubled book wholesaler 'praised by independents'

Online shopping soars on 'Mega Monday'

Consumers taking advantage of sales

Support for independent retailers encouraged

Rogue eBay trader fined £500k and jailed for a year

Pedestrianisation plans opposed by retailers

Shoppers to maximise use of internet this Christmas

Local retailers band together in face of adversity

Counterfeit consoles flooding UK

Wholesaler collapse stalls internet sales for Zavvi

Retailers warned of business rates 'stealth tax'

Customer care vital to online sales

Internet revenue to increase 10% this Christmas

Toys and games wholesaler collapses

Retailers losing out from VAT cut

Small supplier battling the big guns

Little hope for Christmas shopping boost

New factory benefits batteries wholesaler

Admin costs of VAT cut hurting small retailers

Dragon ponders bid for Woolworths

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22nd December 2008

Slowdown could hurt Irish retail

Struggling retailers in Ireland could cut more than 30,000 jobs in 2009 as the sector prepares to endure two more years of declining spending, a stockbroker has warned.

Speaking to Property Week, Davy Stockbrokers said that the projected job losses equate to ten per cent of those employed in retail across the entire of the Republic of Ireland.

It said that the cuts will be made as shops attempt to survive the recession by reducing their labour costs after the Christmas trading period.

Rossa White, chief economist at the financial adviser, told the website that Irish retailers suffering from poor trading levels over this festive season could well find themselves out of business in early 2009.

Recently, ISME, the Irish Small and Medium Enterprises Association, called on the government to free up more bank credit for small businesses feeling the bite of the credit crunch.

It warned that as many as 54 per cent of companies are being refused applications for new financing by banks.

(c) 2008

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