40,000 jobs at risk as retail sales fall

BIG falls in ladies clothing and electrical goods resulted in retail sales declining by 6% in the last quarter.

Retail Excellence Ireland said sales fell in all categories and it expects that a further 40,000 jobs could be at risk if the tough times continue.

The 6% year-on-year sales fall compares to a decline of 3% in the first quarter. June was the 40th consecutive month of sales decline.

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