Large Retailers in the South forcing shoppers up North
Following a visit today to Dundalk Camber of Commerce and local high street traders with the Oireachtas Enterprise, Trade and Employment Committee Arthur Morgan TD has charged the Competition Authority with advancing the agenda of large superstores at the expense of local retailers.
The Louth TD said:
“Following my meeting with the Chamber of Commerce of Dundalk and local retailers this morning, it is clear the Competition Authority is advancing the agenda of large superstores at the expense of local retailers.
“The Competition Authority's report on retail planning guidelines last September may as well have been written by Tesco. Any changes to reduce the restriction in the retail planning guidelines or remove the cap will have serious consequences for many of the businesses we have met today.
“The retail sector is facing serious challenges and it will take a collective effort to steer our way out of these challenging times.
“While the VAT differential is impacting negatively on small and medium size retailers in the south large retail stores have yet to credibly explain why their prices have not come down.” ENDS