Subscribe Login
Retail

Iceland Confirms Plans To Expand Number Of ROI Stores

Iceland has confirmed that it is planning to expand the number of its stores in the Republic.

The news comes amid claims that its losses have 'more than halved'.

Its revenues increased by almost a third to €30.1 million which was helped by new stores openings, reported Irishexaminer.ie

The accounts filed by Iceland Stores Ireland Ltd show the 'pre-tax loss dropped to €364,000 from €771,000 in the 12 months of trading to March 24'.

The directors said in the accounts that the business continued to trade successfully.

It made an after-tax loss of a reported €263,000 after posting a tax credit of €101,000.

The retail group currently has seven stores in seven in Dublin, as well as in Carlow, Clonmel, Co Tipperary, Douglas, Cork, Galway, Letterkenny, Co Donegal, Longford, Midleton, Co Cork, Tralee, Co Kerry, and Waterford.

© 2017 - Checkout Magazine by Donna Ahern

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription
LIMITED TIME OFFER: 20% Off Our Premium Subscription
Enjoy full access to all website and app content, our weekly email news digest, and to Checkout Magazine 12 times a year (including our Top 100 Brands 2022 edition).
LIMITED TIME OFFER: 20% Off Our Premium Subscription