Retail sales disappointing for Q1 2012, according to REI

Retail sales continued to disappoint during the first quarter of 2012, according to Retail Excellence Ireland’s (REI) Irish Retail Industry Performance Review Q1 2012.

The quarter ended on a positive note however, as retail sales in March recorded a year-on-year increase compared with March 2011, only the second year-on-year monthly increase seen since 2008.