Payzone to sponsor RGDATA Economic Report on the true value of local shops.

09 May 2011

Jim RGDATA

Researched and written by Economist, Jim Power, the report entitled “The True Value of Local Shops” will provide a timely update on a similar 2009 report and will be published later this year. It will highlight the significant contribution that the 4,000 local, independent shops represented by RGDATA make in terms of economic and social contribution to the local and national economies.  The role of local retailers as major employers, providers of a route to market for local producers, and significant purchasers of Irish goods and services will be examined.
 
The report will also consider the many challenges faced by independent retailers in the current recessionary economic climate and present recommendations as to how this valuable sector could be supported.
 
“Collectively the 4,000 family owned shops that RGDATA represents make a significant contribution to their local communities and the national economy. This report will quantify that contribution and RGDATA will use it to persuade Government to promote policies that support the survival of local independent shops,” said Tara Buckley, Director General, RGDATA
 
Commenting on Payzone’s sponsorship of the report, Jim Deignan, Managing Director, Payzone Ireland said that Ireland’s unique network of local independent retailers plays a critically important role in local communities all over the country. “These retailers are important partners for Payzone in the delivery of payment services to customers and we are pleased to support the research and publication of this RGDATA report. We are hopeful that the report will support retailers by highlighting their value and the issues and challenges they are facing on a day to day basis”.

Media queries:
RGDATA
To contact Tara Buckley call Cathy Cawley on 01-2887584 or email rgdata@rgdata.ie

Payzone
Sheila Gahan or Frans Van Cauwelaert, WHPR Tel 01 669 0030 /087 234 2409 (Sheila) or 087 9476743 (Frans)
sheila.gahan@ogilvy.com or frans.vancauwelaert@ogilvy.com
 
About RGDATA;
The Retail Grocery Dairy & Allied Trades Association, RGDATA represents the owners of 4,000 local shops, convenience stores, forecourt stores and supermarkets. RGDATA is the voice of independent, family owned shops for over 65 years.
 
About Payzone:
Payzone is Ireland’s largest branded consumer payments acceptance network. The company also operates across Europe providing a wide range of payments services in the UK, Sweden, Greece, Germany and Romania. Payzone implements and operates payment networks including mobile top-ups, tolling payments, credit and debit card processing, bill payment, money transfer and electronic gift solutions. Payzone processes over 380 million transactions annually.

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