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The Retail Excellence Ireland 4th Quarter Review 2012 indicated a slight upturn in retail sales by +0.21%.

One of the better performing retail industry sectors during the fourth quarter was the Home & Giftware sector increasing sales levels compared with the fourth quarter in 2011. Overall performance in the following sectors Furniture & Flooring, Ladies Fashions, and Pharmacy was down slightly.

November proved to be the most challenging month of the quarter. Pre-budget speculation in October, which caused a decrease in consumer sentiment, is the main reason for this.

Speaking at the publication of the Q4 2012 retail figures, REI Chief Executive Officer, David Fitzsimons, said: “The slight increase in retail sales during Q4 2012 is very welcome, however, the sector still remains fragile.

Go to for the full report.