Search Results for 'retail industry trade body'

Retail Excellence Ireland, the largest retail industry trade body in Ireland, has published a new Retail Industry Labour Pay Rate Intentions survey which found that fewer than 10 per cent of retailers are planning pay increases in 2013.

According to Retail Excellence Ireland (REI), Ireland’s largest retail industry trade body, Christmas 2012 saw an increase in the number of consumers out shopping and early figures indicate that sales are up overall when compared to Christmas 2011.

According to Retail Excellence Ireland (REI), Ireland’s largest retail industry trade body, Christmas 2012 saw an increase in the number of consumers out shopping and early figures indicate that sales are up overall when compared to Christmas 2011.

Irish retailers are predicting a drop of -0.47 per cent in Christmas 2012 trading, according to a survey published by Retail Excellence Ireland (REI), Ireland’s largest retail industry trade body.

Ireland’s largest retail industry trade body has expressed its support of the Government’s plans to abolish upward only rent review clauses. Retail Excellence Ireland (REI) claims more than 40,000 jobs are at risk in the retail sector unless the system is removed. Currently, rent prices can only increase or remain the same under review, regardless of decreases in market rates. Since rental retail rates increased by 240% between 2000 and 2007, compared to a 30% increment in consumer prices, REI claims businesses are not paying a fair market rate. As it stands, Ireland is one of just a handful of countries who still employ the system, with the remaining jurisdictions employing a market-based approach.