21
November
Retailers & Christmas – Protect your cash flow!
Gearing up
For many retailers, the majority of their annual sales come during the November/December period as a result of the recently adopted “Black Friday”, and Christmas. This is “make or break” time for many Irish retailers, so any disruption to cash-flow during this time can have a severe impact on annual results.
Black Friday
Although Black Friday has boosted sales in the lead-up to Christmas shopping, it also increases wear and tear on EPOS equipment (Tills, Scanners, Printers etc) while this is (sort of) a good problem to have, it can leave