| Galway city top dog for spending in West |
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| Written by Staff Reporter | |
| Wednesday, 25 June 2008 | |
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Galway City has come sixth in a ranking of Ireland's top 40 retail centres for consumer spending. The 'Irish Retail Centre Ranking', which was carried out by leading global provider of retail property information on high streets and shopping centres, Experian, shows Galway city is top dog for spending in the West. According to the findings, Galway City attracts a retail spend of approximately €474 million a year and ranks ahead of regional neighbours Castlebar, (12th place), Ballina, (30th place), and the Galway Shopping centre, which came in 33rd place. The Experian Ireland 2008 Retail Ranking examines all major retail centres in Ireland, assessing them on a number of key performance indicators such as the size of the centre by floorspace, the number of major multiples, comparison stores and quality independent retailers, while negative factors, such as the amount of vacant floorspace are also taken into account. Speaking on the publication of the new figures, Jonathan de Mello, Director of Retail Consultancy, Experian, said, "For the first time now we have an accurate and very powerful measure of retail expenditure for every significant retail location in Ireland. Experian's research provides unique insight into the current and future face of the retail landscape in Ireland." |
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