Christmas footfall is expected to be at at its highest since 2009 on Dublin's main thoroughfares, according to Savills Ireland. Henry Street and Grafton Street could see up to 1.1 million consumers per week over the festive period.
Trading is also expected to be at its best since 2007, following the improvement of consumer confidence and employment rates.
Dr John McCartney, Economist and Director of Research at Savills Ireland commented, “Last week’s live register data confirm that unemployment has now been falling for 36 consecutive months.
“This is great news for Ireland’s shopkeepers because, statistically, there is an almost perfect 1:1 relationship between employment and retail sales. On this basis alone retailers can expect their best Christmas trading period since 2007.”
© 2014 - Checkout Magazine by Jenny Whelan.