The Irish retail sector is expected to close on Tuesday and is expected not to reopen until next Thursday.
It will be the first time in more than a decade that the sector has not reopened for more than two weeks.
It was already closed to the public for several weeks, with many shops closing for the summer.
In the last week, some of the largest Irish retailers including Ikea, Marks and Spencer, as well as some major retailers like Lidl and Colgate, have shut down.
Irish Prime Minister Leo Varadkar said on Sunday he was considering the possibility of bringing back the death penalty to the country.
The move comes as he tries to win support for a new constitutional referendum, which has been delayed until next year.
The referendum will be on the same date as the general election and Mr Varadkari has indicated he would like to see it as a referendum on the economic crisis.
He said that if it came to a vote, he would ask the people to vote on the issues that affect them.
Mr Varadkin also said he was open to the possibility that the government would bring back the ban on foreign direct investment in the country if the people would vote for it.
But Mr Varadyk said he could not see how the referendum could have a negative impact on the economy.
“If you ask me, if it is a referendum to ask the Irish people to give their money back, the impact is zero, the effect is zero,” he said.