Over two-thirds of Eurospar retailers plan additional investment in next 12 months
Eurospar conference hears retailers are confident about the year ahead, with 48% predicting growth in 2014
7 April 2014
Almost half of Eurospar retailers in Ireland are predicting growth in 2014, with over two-thirds planning additional investment in their stores – that’s according to the findings of a retailer survey released by operators of the brand BWG Foods to coincide with the Eurospar Conference which took place in Dublin’s Marker Hotel on 4 April.
In what delegates heard was a positive indication of economic recovery, independent supermarket retailers, representing towns and villages across the country, were upbeat about future growth with 48% of respondents predicting business growth this year and 78% saying they planned to invest in their businesses in the next 12 months.
When asked about the biggest challenges facing local retailers in Ireland today – the vast majority (89%) cited the development of out-of-town centres, followed by emigration (63%) and local rates (59%).
Operated in partnership with local independent retailers, Eurospar prides itself on being an integral part of local communities and is committed to providing local employment and support for local suppliers and community groups. The Eurospar brand is owned and operated in the Republic by leading Irish-owned wholesale and retail company BWG Foods.