Thousands of retailers ‘on the brink’ of collapse

Retail Excellence tell Oireachtas committee the sector will need continued grant aid

Many retail businesses “will not survive” without further Government support and more action being taken to tackle what is being viewed as a looming commercial rent crisis, an Oireachtas committee has heard.

Industry group Retail Excellence told the Oireachtas committee on enterprise, trade and employment that more grant aid is needed for the sector, along with the extension of the employment wage subsidy scheme (EWSS) into next year. It also called for a legally binding mediation body to allow for progress between retail tenants and landlords.