Retail sector feeling positive in Northern Ireland

Posted on 23 March, 2018 by Bailey Clarke

Over recent months, there has been a lot of negative headlines for the retail sector, with stores such as Toys R Us going into administration, New Look announcing UK stores will be closing and Carpet Right are believed to be also closing stores. All these recent headlines are adding to the sense of dread for those currently in involved in the retail property market.

One market does seem to still be thriving however, Northern Ireland which has recently faced a myriad of uncertainties from Brexit is proving hardy in the retails sector. New retailers in Northern Ireland include a mix of stationary, home furnishings and fashion brands. Existing retailers are also expanding their store outlets, including, Greggs, Specsavers, Superdry and Starbucks to name a few.

The main challenge retail stores are facing in any region including Northern Ireland is the huge rise in online shoppers and this is proving to have a great impact in the industrial retail sector. The end result is that a lot of retailers are closing their doors as they’re unable to keep up with the ease of online shopping.

Because of the online threat, many retailers are now realising the importance of giving customers positive, exciting shopping experiences and have been working closely with retailers to develop their stores. Stores such as Dunne Stores who are a fashion retailer have recently completed exciting revamps in two of their locations, Forestside in Belfast and Abbeycentre in Newtownabbey, giving customers a more positive shopping experience.

The Range, who supply home, garden and leisure products have recently opened a store in the Connswater Shopping Centre and apparently is due to open more stores across Northern Ireland, in Antrim, Belfast among some of these locations. This is a huge success for the retail sector in the local area.

No one knows what the future holds for the retail sector in general, although if the recent influx of new retailers and the bolstering of existing retailers in Northern Ireland is anything to go by the online retailers may still have a fight on their hands.

Related Posts

Leave a Reply

Recent Posts

Toronto downtown skyscrapers

Brief history of skyscrapers

Savvy promotions attract early Christmas sales for retailers

Are savvy promotions attracting Christmas sales for retail stores?

Greenfield developments

Greenfield developments: The facts

facts about converting chapels churches

Things to consider when investing in church or chapel conversions

Lincoln Castle 1068

Exploring Lincoln Castle’s Georgian and Victorian Prison

the leopard inn Burslem

Facts about The Leopard Inn, Stoke-on-Trent

ancient high house Stafford

The majestic Ancient High House in Stafford

retro video game arcades

Retro video game arcades: The comeback

industrial style offices

How to achieve an industrial inspired office

When to decide if a building should be demolished

When old buildings should be demolished

Exploring the largest shopping malls in the world

Exploring the largest shopping malls in the world

Building Management System Benefits

The benefits of having a building management system

how online reviews can destroy a business

Are online reviews destroying the reputation of struggling shops?

How Offering Free WiFi Can Benefit Your Business

How offering free WiFi can benefit your business

Is stockport a hotspot for Businesses

Is Stockport a hotspot for businesses?

reasons to start a business in Leeds

Is Leeds the right location for your business?