Tag Archives: downturn

ADAPTING to challenging times is nothing new for the East Clare business community and, as some sectors of the local economy begin to re-open, the goal is to survive and thrive as the ‘new normal’ becomes apparent. In Tuamgraney, Nuala’s Bar and Restaurant occupies a premises that dates back over 150 years. It has had three different licensees over that time, and was formerly McCormac’s Bar and later Durack’s. A thriving food business began in 1999 and, in order to cater for her loyal customers, Nuala O’Brien began to offer a takeaway service once the restrictions kicked in. “I was aware very quickly that small-scale operations would not be viable, so it was a case of scaling up or shutting down,” she explained. “I’m taking on-line orders now and that works really well. Between 1 and 8pm, customers can order in advance, then pull up in the car park where I will drop the food straight into the boot, they …

FIGURES  just released by the SIMI (Society of the Irish Motor Industry) show that so far this year, new car sales in Clare are up by 35%. Nationally, sales are up 28%. The confidence evident in January has continued into February with a 21% increase in car sales. The light commercial vehicle market, which is a good sign of activity in the SME sector, saw an increase in sales of 41% in February with sales of Heavy Goods Vehicles, often a barometer of activity in the wider Economy, seeing a 68% increase. Alan Nolan, SIMI Director General commented “The Motor Industry is often the first to be affected when there’s a downturn and one of the first to come back when the economy improves. Dealers are undoubtedly seeing a lot more confidence among consumers, many of whom have been putting off making large purchases over the last few years. Feedback from dealers confirms that footfall and sales enquiries are holding …