{"id":523664,"date":"2026-06-29T05:38:15","date_gmt":"2026-06-29T05:38:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/523664\/"},"modified":"2026-06-29T05:38:15","modified_gmt":"2026-06-29T05:38:15","slug":"company-failures-on-the-rise-in-irelands-retail-sector-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/523664\/","title":{"rendered":"Company failures on the rise in Ireland\u2019s retail sector \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Ireland\u2019s <a href=\"https:\/\/www.irishtimes.com\/business\/2026\/06\/29\/retail-insolvencies-climb-35-as-consumer-spending-comes-under-pressure\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/2026\/06\/29\/retail-insolvencies-climb-35-as-consumer-spending-comes-under-pressure\/\">corporate insolvency<\/a> rate may be \u201cremarkably steady\u201d at the moment, but some sectors are faring better than others, according to PwC. The Big Four accountancy firm\u2019s latest insolvency report indicates that the volume of company failures in the retail sector increased by 35 per cent in the first half of 2026, amid headwinds on the consumer price inflation front.<\/p>\n<p class=\"c-paragraph paywall \">As Ireland takes over the EU presidency this week, workers in the cleaning and security sectors are set to protest in support of <a href=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/06\/29\/workers-rights-must-be-factored-in-when-awarding-public-procurement-contracts-say-unions\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/06\/29\/workers-rights-must-be-factored-in-when-awarding-public-procurement-contracts-say-unions\/\">workers\u2019 rights<\/a> being included as a factor in the awarding of public contracts. The demonstration, which will be led by Siptu, relates to new EU rules around tendering processes, due to be published later in the year. Emmet Malone reports.<\/p>\n<p class=\"c-paragraph paywall \">The heatwave might be in the rear-view mirror. If it proved anything, however, it\u2019s that most of us are simply not set up to deal with anything outside the norm of an Irish summer. From mini fans to barbecue accessories, Ciara O\u2019Brien looks at some <a href=\"https:\/\/www.irishtimes.com\/technology\/consumer-tech\/2026\/06\/25\/heat-getting-to-you-tech-can-help-keep-you-cool\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/technology\/consumer-tech\/2026\/06\/25\/heat-getting-to-you-tech-can-help-keep-you-cool\/\">tech gadgets<\/a> that might make the next spell of hot weather more bearable.<\/p>\n<p class=\"c-paragraph paywall \">The latest forecasts from the Central Bank, the ESRI and the Irish Fiscal Advisory Council are \u201c<a href=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/06\/29\/targeted-supports-more-critical-amid-a-gradual-economic-slowdown\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/06\/29\/targeted-supports-more-critical-amid-a-gradual-economic-slowdown\/\">reasonably benign<\/a>\u201d, despite the economic storms brewing elsewhere in the global economy, writes John FitzGerald. Yet, if the Government is to save more of its corporation tax receipts, it will have to direct its focus to the most vulnerable households and eschew broad-based cost-of-living measures in October\u2019s budget.<\/p>\n<p class=\"c-paragraph paywall \">A decade on from <a href=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/06\/29\/no-we-have-not-had-enough-of-experts\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/business\/work\/2026\/06\/29\/no-we-have-not-had-enough-of-experts\/\">the Brexit vote<\/a>, experts are having something of a comeback in the UK. In her latest column for the Financial Times, Pilita Clark writes that scientists, nutritionists and weather forecasters are all in better odour than they had been, according to polling. Even economists \u2013 who consistently and correctly said Brexit would damage Britain \u2013 are better thought of than they were in 2017.<\/p>\n<p class=\"c-paragraph paywall \">In this week\u2019s Your Money Q&amp;A, meanwhile, Dominic Coyle answers a question from a reader who wonders if it\u2019s possible to bypass <a href=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/28\/can-i-sidestep-pesky-and-expensive-legal-bills-on-enduring-power-of-attorney\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/28\/can-i-sidestep-pesky-and-expensive-legal-bills-on-enduring-power-of-attorney\/\">expensive legal services<\/a> when it comes to acting for a relative who has granted them enduring power of attorney.<\/p>\n<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/crh\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/crh\">CRH\u2019s<\/a> agreement to acquire Arcosa for $8.5 billion (\u20ac7.45 billion) marks its largest takeover. Still, <a href=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/29\/crhs-85bn-arcosa-deal-reinforces-portfolio-transformation-strategy\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/29\/crhs-85bn-arcosa-deal-reinforces-portfolio-transformation-strategy\/\">questions remain<\/a> over the deal. In this week\u2019s Stocktake, Proinsias O\u2019Mahony explains the muted reaction from investors to the blockbuster acquisition.<\/p>\n<p class=\"c-paragraph paywall b-it-article-body__text--left\">Finally, in Me &amp; My Money, Tony Claton-Lea talks to adventure athlete Becky Gilmour about her love of thrift shops, her time <a href=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/29\/i-was-a-ghost-writer-for-a-gambling-website-ive-stayed-away-from-gambling-because-of-that\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/your-money\/2026\/06\/29\/i-was-a-ghost-writer-for-a-gambling-website-ive-stayed-away-from-gambling-because-of-that\/\">ghost writing for a gambling website<\/a> and being grateful for everything she has.<\/p>\n<p class=\"c-paragraph paywall \">If you\u2019d like to read more about the issues that affect your finances, try signing up to <a href=\"https:\/\/theirishtimes.lt.emlnk1.com\/Prod\/link-tracker?redirectUrl=aHR0cHMlM0ElMkYlMkZ3d3cuaXJpc2h0aW1lcy5jb20lMkZuZXdzbGV0dGVycyUzRnV0bV9zb3VyY2UlM0ROZXdzbGV0dGVyJTI2dXRtX21lZGl1bSUzRGVtYWlsJTI2dXRtX2NvbnRlbnQlM0RSU1MlMjUzQUlURU0lMjUzQVRJVExFJTI2dXRtX2NhbXBhaWduJTNEYnVzaW5lc3NfdG9kYXlfZGlnZXN0&amp;sig=4kSj6MVtJhDySXD8zno7jMoXwZGc1dpLM3xhR9Fc9b5k&amp;iat=1673852841&amp;a=%7C%7C89275494%7C%7C&amp;account=theirishtimes%2Eactivehosted%2Ecom&amp;email=Dc0R66saiYNu2sbROXCOD2QOP8ZXmRzMvz3Yw%2BcA7gI%3D&amp;s=0d5371d23ecde798f8f0f88cc635413b&amp;i=21237A21683A12A963031\" rel=\"nofollow noopener\" target=\"_blank\">On the Money<\/a>, the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"Ireland\u2019s corporate insolvency rate may be \u201cremarkably steady\u201d at the moment, but some sectors are faring better than&hellip;\n","protected":false},"author":2,"featured_media":523665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8319,61,60,43],"class_list":["post-523664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-business-today","tag-ie","tag-ireland","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/523664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=523664"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/523664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/523665"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=523664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=523664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=523664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}