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Cross border shopping in Ireland South is cheaper.
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Cross border shopping in Ireland South is cheaper. Sceala Irish Craic Forum Irish Message |
Irish Emigrant Stock
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Location: Canada
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Sceala Irish Craic Forum Discussion:
Cross border shopping in Ireland South is cheaper.
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I see the tide has turned in cross border shopping.
Remember when Mrs Robinsons poor husband was laughing at Ireland. He will now be seeking partnership and support from what his kind like to refer as a foreign state, unless is suits them and they can financially benefit.
Peter is the definition of a hypocrite like all in the Orange Order that moulds that vile breed of extreme plastic British nationalism and anti Irish racist ignorance.
Cross border shoppping headlines that tell their own story.
the north of Ireland shoppers heading to Republic for bargains
The failed northern statelet is now more expensive.
Belfast Telegraph - 6 Aug 2012
Cross-border shopping has gone full circle -- with consumers from Northern Ireland now heading south for bargains. Retailers in the Republic ...
£270m slump in cross-border shopping - 24 Jul 2012 – A dramatic fall in shoppers from the south is costing the Northern Ireland economy up to £270m a year.
Looks like Ireland has been fighting back against the UK statelet.
'Little benefit' in cross-border alcohol shopping | Irish Examiner
irishexaminer.com/ireland/little-benefit-in-cross-border-alcohol...
17 Dec 2011 - THERE is little benefit in going over the border to buy alcohol this Christmas, it has been claimed, as retailers in the Republic are finally competing with the North ...
Declining Euro drives shoppers into RoI
Published Friday, 20 July 2012
Northern Ireland's shoppers are venturing into the Republic once again, as the decline of the Euro means some purchases just over the border are significantly cheaper.
Leonard Watson owns just one of the recently opened shops in the Donegal town.
"Letterkenny at the moment is doing a €1.25 for the pound and they have found a great difference. I was chatting to a businessman yesterday and he said his sterling business is up 300%," he told UTV.
"For a couple of years there was a lot of people crossing the border but they're staying at home now."
John Watson, from the Letterkenny Chamber of Commerce said the new low for the Euro is a boost for the town.
"These last three months the town has opened six or seven new businesses," he explained.
And billboards in Derry calling for shoppers to visit the town have paid off.
"We're reaping the benefits now.
There's a lot more northern cars about now, the northern number plates are definitely in the town again and it's great to see them.
John Watson
While the currency's decline is good news for some, farmers on the UK side of the border are finding it affects exporters in a negative way.
"The problem is that when we go to export our product onto the world market we become less competitive," explained Ian Marshall, of the Ulster Farmers' Union.
"So markets that we were fairly comfortable in, all of a sudden we become an expensive product for the rest of the world to purchase."
If the Euro stays at its current rate, the UFU believe the European Farm Payment could drop by £25 million on last year.
Full story from Belfast shoppers who buy their shopping in the South Ireland.
Cross-border shopping has gone full circle -- with consumers from Northern Ireland now heading south for bargains. Retailers in the Republic have got a boost as a weak euro makes it more attractive for shoppers to spend money here.
Consumers can save more than €90 on items like iPads by visiting the same high street stores south of the Border.
Traders say the increase in shoppers coming to the Republic has made this the best summer for businesses in five years.
The euro/sterling exchange rate has dropped to 78p for €1.
A few years ago some shops were offering a one-to-one exchange rate.
The price shift is underlined by a survey of goods in Currys electrical stores and Tesco supermarkets in Derry and Letterkenny.
We returned and surveyed the same items we had priced in November last year.
We found that in Currys:
An iPad 2 with wifi with 3G was €90 cheaper when bought in the South -- last year it was €11 more expensive
A Sony laptop which was €15 more expensive in the Republic last year is now almost €50 cheaper
An Amazon Kindle is €11 cheaper south of the Border.
And while most groceries are still more expensive in the Republic, differences are small.
Some household items in both Currys and Tesco remain inexplicably dearer -- with a 50-inch 3D TV costing €100 more at the former and a set of four AA lithium batteries in Tesco almost twice the price of the same items in the north of Ireland.
For the first time since 2007, however, shoppers from the north of Ireland are returning south.
Letterkenny Chamber of Commerce has launched a TV, newspaper and billboard advertising campaign in the north of Ireland.
Chief executive Toni Forrester told the Irish Independent: "The sterling take in the town is definitely increasing, particularly over the last few weeks.
"While many use cards to shop one retailer reported that sterling cash take was up 30pc in July compared to 2011 and up 70pc against 2010.
"Others are reporting that they are seeing shoppers coming in coaches from across Donegal and, for the first time in a number of years, from the north of Ireland."
Cross border shopping in Ireland South is cheaper.
Items that are cheaper in the South Republic of Ireland
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