Newstalk
Newstalk

13.35 4 Jan 2016


Share this article


New figures from the UK show that high street shopping figures from Monday to Friday of last week fell by 3% when compared to the same period in 2014.

Research published by Springboard shows that this is in contrast to a jump of 6.2% experienced during the previous year.

Retail Ireland still predicts Christmas sale figures will match its forecast of an increase in spending of 3.5% during the Christmas period.

Speaking to Newstalk, Retail Ireland Director Thomas Burke said that anecdotal evidence suggests that sales will "remain strong."

He added that while some retailers have felt the effects of the numerous storms which have hit Ireland over Christmas and that some consumers are not in a "shopping frame of mind" in areas which have been affected by flooding, retail performance has remained strong.

Speaking before Christmas, he commented that Black Friday is an "increasingly important promotional window for retailers," and that this could lead to lower sales later in the period.

Retail Ireland will publish figures tracking trends in Irish retail during the period later in January.

In the UK, Springboard analyst Diane Wehrle says that a shift towards online shopping and customers' expectation that retailers would offer their discounts well ahead of Christmas were the two main factors which resulted in shoppers staying at home.

A number of key-British retailers, including Marks and Spencer, Next and John Lewis will release Christmas trading reports in the coming days.


Share this article


Read more about

News

Most Popular

Live: Title

Now playing

00:00:00 / 00:00:00
Added to queue
Removed from queue

On Air

Share

Share


Up next

Episode title
Show
Duration

You currently have no podcasts in your queue.

Go to podcasts

On Air

Best Of Newstalk

Best Of Newstalk

00:00-07:00

Share

Up next

DOCUMENTARY AND DRAMA ON NEWST...

DOCUMENTARY AND DRAMA ON NEWSTALK

07:00-08:00

Share

NEWSTALK BREAKFAST WITH SUSAN...

NEWSTALK BREAKFAST WITH SUSAN KEOGH

08:00-09:00

Share

ALIVE AND KICKING WITH CLARE M...

ALIVE AND KICKING WITH CLARE MCKENNA

09:00-10:00

Share

TAKING STOCK WITH VINCENT WALL

TAKING STOCK WITH VINCENT WALL

10:00-11:00

Share

ON THE RECORD WITH GAVAN REILL...

ON THE RECORD WITH GAVAN REILLY

11:00-13:00

Share

OFF THE BALL

OFF THE BALL

13:00-19:00

Share

TALKING HISTORY WITH PATRICK G...

TALKING HISTORY WITH PATRICK GEOGHEGAN

19:00-20:00

Share

The Barry Egan Tapes

The Barry Egan Tapes

20:00-21:00

Share

FUTUREPROOF WITH JONATHAN MCCR...

FUTUREPROOF WITH JONATHAN MCCREA

21:00-22:00

Share

THE TOM DUNNE SHOW

THE TOM DUNNE SHOW

22:00-12:00

Share

BEST OF NEWSTALK

BEST OF NEWSTALK

00:00-07:00

Share

00:00:00 / 00:00:00

Share on