Today I spoke out about against the cavalier and inconsistent attitude of a number of multinational retailers towards Irish pricing, saying that there are huge price discrepancies between Ireland and the UK that just cannot be accounted for. Following on from a recent newspaper report which showed 10 multinational retailers adding at least 20% to the price of their products, I am greatly disappointed by the lack of response.
I brought this up in the Seanad and noted that these chains are all high-street names and all are clearly adding a premium to their Irish prices, making them far more expensive than their UK counterparts. Even taking into account logistics and staffing costs, there is a huge premium – in many cases up to 40% – being added on to these items relative to their sale price in the UK. It’s absurd
Consumers deserve an answer on this and I’m working to get one. It’s time somebody stood up for ordinary customers and got a better answer than ‘it’s just a little more expensive here’ “.
Senator Noone concluded by saying “I have written to all the retailers demanding an explanation, and have written to the CAI to seek a further investigation from them into this. The CAI needs to put together a report to show its worth and to really put pressure on these retailers to explain themselves.