Emergency supports needed for devastated retail sector
Retail Ireland, the Ibec representative body for the retail sector in Ireland, today has called for emergency support for the retail sector which is being devastated by closures and mass layoffs due to the Covid-19 pandemic.
Commenting, Director of Retail Ireland Arnold Dillon, said: “The last few days have been traumatic for the retail sector, its workforce and the country. With the closure of more of our major retail flagship brands today including Arnotts and Brown Thomas there are significant issues to be addressed by Government both in terms of support for job losses and for businesses.
“We need to do everything possible to preserve vulnerable businesses. The State must continue to look at cash-flow and forbearance measures and to adjust supports which can help preserve as many retailers as possible through the crisis period.”