This year, major retailers across Ireland will offer post-Christmas sales with discounts up to 50%, expecting an increase in spending due to improved economic conditions.
With households spending an average of €1,030 this Christmas, a 3% increase in spending has been noted, reflecting a more optimistic consumer sentiment compared to last year.
Retailers expect daily spending from post-Christmas sales to approach €250 million, significantly boosted by factors like enhanced bonuses, decreased inflation, and a favorable holiday calendar.
Retail Excellence Ireland highlights that the critical holiday sales period can account for up to 40% of annual turnover for many retailers, emphasizing its importance.
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