Retail

Grant Thornton Retail Excellence Retail Productivity Review Q1 2020

Damian Gleeson Damian Gleeson

The Grant Thornton Retail Excellence Retail Productivity Review provides the most in-depth retail industry and sectoral analysis available today. The Review monitors overall industry performance and sectoral performance. The Review aggregates and analyses data from over 4,500 retail stores in Ireland. Retail Excellence collated data through on-line survey. GfK collated data through “plug-in” to retailer Epos.

Following an encouraging start to the year all non essential retailing shut down from the 12th March as the uncertainty of COVID-19 started to impact, causing overall sales in March to fall by 7.62%. Essential retailing such as grocery and the pharmacy sector saw a surge in demand at this time as customers responded to the shock of the pandemic.