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Irish Retail at a glance for this week

Irish Retail at a glance for this week

Posted by Aloise Hetier on Jul 9, 2014 3:50:49 PM

Irish Retail

 

CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. Every Wednesday we share the recent announcements. This is a one stop shop for all your Irish retail news. If you would like to receive our monthly newsletter which will include all Retail articles for the previous month, including "Retail at a Glance" subscribe today.

 

Kantar: SuperValu Pushes Forward Again in Supermarket Shares

SuperValu has continued to push forward according to the latest supermarket share figures from Kantar Worldpanel in Ireland (12 weeks to June 22, 2014).

Among the 'big three' retailers, SuperValu stands out as the star performer, attracting 87,000 new shoppers this quarter, more than any other retailer over the latest period. Additionally, almost three quarters of Irish households shopped in SuperValu over the latest quarter leaving the retailer with a market share of 24.8%.

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Retail Ireland Echoes Call For Lower Consumer Tax Rate In Budget

Ibec, the representative group for Irish businesses, has published its Budget 2015 submission, in which it called for lower income and consumer taxes.

The group said that the latest growth figures mean a net adjustment of €200 million will be enough on Budget day, far below the planned €2 billion. This would reduce the budget deficit to 2.7% next year, comfortably under the 3% limit.

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A Third of Irish Consumers Want Alcohol Sponsorship Of Sport Events Banned

In the spirit of the World Cup and Wimbledon, this week’s Consumer Insights survey from Empathy Research questioned Irish consumers about alcohol sponsorship at sporting events.

Of the 992 survey participants, 31% believe that alcohol brand sponsorship of sporting events should be stopped. Interestingly more women (33%) than men (30%) felt strongly about this, as did older age groups. Those aged over 55 were the most in agreement that a ban on alcohol sponsorship of sporting events should be implemented (41%), compared to all other age groups; 18-34 (27%), 35-44 (23%) and 45-54 (31%).

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Calleary: Bruton Living On 'Planet Richard' Regarding Retailer-Supplier Relationships

Fianna Fáil Enterprise spokesperson Dara Calleary has accused Minister for Jobs, Enterprise and Innovation, Richard Bruton of being out of touch with the nature of the relationship between retailers and suppliers, calling on him to "put his money where his mouth is" and reintroduce a ban on below-cost selling.

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Dealz' Success 'Proves Our Financial Capabilities', Says Poundland

Poundland, which owns the Dealz brand in Ireland, has said that the success of its Irish retail venture "demonstrates that we are not only capable of generating attractive financial returns but also of rapidly establishing a successful brand in a new geography."

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Food Sales Up 4.2% At Marks & Spencer In Q1

Food sales grew by 4.2% (+1.7% on a like-for-like basis) at Marks & Spencer in Q1 2014/15, according to a quarterly trading statement issued this morning, however Clothing (like-for-like sales down 0.6%) and General Merchandise (like-for-like sales down 1.5%) are continuing to put a drag on the business.

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Setanta Sports poised to enter mobile phone market

Irish pay TV broadcaster Setanta Sports is planning to enter the mobile phone market in Ireland. The company is in talks with 3 Ireland about becoming a so-called mobile virtual network operator (MVNO).

This would involve Setanta piggybacking on 3’s network and using its own brand to offer services to customers.

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TDs Voice Concern Over Plain Packaging Bill

A number of TDs have voiced their concern as to the method of introduction and effectiveness of the Government's plain packaging proposals, in a Dáil debate on the matter last week.

In two Dáil debates on the Plain Packaging Bill last week, Independent TD Finian McGrath noted that TDs were being asked to support the legislation "in the absence of information regarding the Regulatory Impact Assessment that was conducted last February.

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Topics: Insights, irish retail, Retail, retail news