Briefly Noted | Loss-making Eason faces boardroom shake-out – Irish, Business – Independent.ie

An interesting piece on Eason from the Sunday Independent this weekend. Of note is the dramatic loss in sales from the migration of much of the passenger footfall to Terminal 2 in Dublin Airprort, not doubt the fall in Eason’s sales will crop up more less in WH Smiths sales, given that they hold the locations in Terminal 2:

In the Republic of Ireland, Eason saw its turnover fall by 4.6 per cent to €117.7m, excluding its units in Dublin Airport. The performance was strong relative to its markets, which is down 10 per cent.

Sales from Terminal 1 in Dublin Airport fell by 36 per cent to €10.7m due to the migration of Aer Lingus and long-haul flights to Terminal 2, where Eason has no shops. Eason said its franchise business was helping to offset declining sales, with four new franchise stores opening during the period.

via Loss-making Eason faces boardroom shake-out – Irish, Business – Independent.ie.