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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 16, 2014 3:00:23 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.

 

38% Of Irish Consumers Eat Sweet Treats Once A Day

Nearly two-fifths (38%) of Irish consumers eat biscuits, cake or pastries at least once per day, according to the latest Consumer Insights survey by Empathy Research. Of 992 participants however, a further 44% eat them at least once per week.

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Three Quarters Of Women Claim Responsibility For Grocery Shopping, Study Finds

A study of grocery shopping habits by Carat has found that three quarters of women claim to be the main shopper in their household, with just two-fifths of men claiming responsibility for the main shop.

75% of female respondents said they were the 'main shopper' in their household, with 21% citing 'joint responsibility' for shopping. 43% of male respondents said they were chiefly responsible for shopping, with 47% citing 'joint responsibility'.

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Value of organic food sales grows for first time since 2010

New research shows the value in annual retail sales of organic produce has increased from €97 million last year to €99.1 million this year

Bord Bia has reported the retail value of organic food in Ireland has grown for the first time since 2010, in a study funded by the Department of Agriculture, Food, and the Marine and executed by Ipsos MRBI. The value in annual retail sale has increased from €97 million last year to €99.1 million this year, with almost 60% of surveyed consumers purchasing organic produce in the last six months.

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Consumption Of 'Illicit Whites' Rises 57% Between 2012 And 2013

Consumption of 'illicit whites', illegal cigarettes manufactured for the sole purpose of being smuggled, rose by 57% between 2012 and 2013 in Ireland, a KPMG study has found.

The study, which was financed by the four main tobacco manufacturers, BAT, Imperial, JTI and PMI, found that one in five cigarettes smoked in Ireland was illegal, a share that has increased, despite a fall in the overall consumption of cigarettes.

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Kantar: SuperValu Sells Most Bord Bia Approved Meat in Ireland

Kantar data has revealed that SuperValu sells more Bord Bia approved meat than any other grocery retailer. The data, released yesterday, revealed that SuperValu sold over 41,000 tonnes of Irish-sourced Bord Bia approved fresh meat in the 52 weeks to June 22, 2014.

Martin Kelleher, managing director SuperValu said: "Shoppers want quality food that they can really trust and that’s why they choose Irish meat as it is quality that cannot be beaten.

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Quinn Backs Government Position On Disclosure Of Retailer Profits

Superquinn founder Senator Feargal Quinn has backed Minister Richard Bruton's position on the issue of forcing retailers to declare their profits in Ireland.

The issue of whether retailers should be forced to declare their profits here was raised during a Seanad debate on the Competition and Consumer Protection Bill last Thursday, during which Senator David Cullinane tabled an amendment requiring retailers to "disclose the annual profits of its Irish outlets".

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REI: Doubling Of PRSI Rate To 8.5% Is Stifling Employment

Retail Excellence Ireland (REI) has declared that the doubling of the PRSI rate for low paid workers from 4.25% to 8.50% in last year’s Budget is stifling employment and job creation.

At the launch of its Budget 2015 submission last week, chief executive of REI, David Fitzsimons, said that the Government’s job activation programmes are just not working.

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Alan Stewart appointed new Tesco Plc CFO

Tesco PLC has announced Alan Stewart will join the board of Tesco as chief financial officer.

Stewart has extensive financial experience in retail as CFO at Marks & Spencer and at WH Smith. He started his career in investment banking with HSBC. He later became CFO at Thomas Cook Holdings in 1998 and was appointed UK CEO in 2001. Stewart moved to WH Smith as Group CFO where he worked with Kate Swann to improve the company's performance. In 2008 he was appointed CFO at AWAS, a leading aircraft leasing business, moving to M&S in 2010. He is joining the Board of Diageo plc as non-executive director in September 2014.

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Grafton’s first-half group revenues rise 11.3%

Builders merchanting and DIY group Grafton has reported favourable trading conditions for the first half of the year on the back of a steady recovery in the Irish and UK economies.

In a trading update issued on Thursday, Grafton said group revenues for the six months to the end of June rose by 11.3 per cent to £1.01 billion. This compares to revenues of £912 million for the same period a year earlier.

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Topics: Insights, irish retail, Retail, retail news