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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 23, 2014 3:53:49 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.

 

31% Of Irish Consumers Have Bought Groceries Online

Almost a third (31%) of Irish consumers have shopped for their groceries online, according to the latest Consumer Insights survey from Empathy Research.

Of 992 participants, there was little difference between male and female respondents, with 34% women and 27% of men saying they have shopped online.

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Retail industry continues to recover in Q2

Many segments of the retail industry – ladies fashion, footwear and garden centres – bounced back strongly in the second quarter of the year when compared to 2013 as shoppers were buoyed by good weather in April.

The market slipped marginally last month, however, as the appetite for foreign holidays increases among Irish families, according to new research.

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Tesco Launches Community Fund Initiative

Tesco Ireland yesterday launched its latest charitable initiative, which will see the retailer donate €1 million annually to local good causes. The Tesco Community Fund project enables Tesco customers to choose which charities will receive what proportion of the funds, with an opportunity for up to 3,500 causes to participate.

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VFI Chairman: Supermarkets Charging More to Compensate For Below-Cost Alcohol Sales

The chairman of the Vintners' Federation of Ireland (VFI), Padraig Cribben, has called on the government to address price-based advertising of alcohol products by retailers, particularly when alcohol is being used as a loss leader.

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Tesco Questioned On Support For Irish Dairy Farmers At IFA Liquid Milk Forum

Tesco bore the brunt of a few milk farmers' discontent over prices at the Irish Farmer’s Association (IFA) Liquid Milk Forum held last Friday in Dublin. Tesco was the only retail group in on the panel. During the discussion stage of the event, a number of farmers raised their concerns that Tesco does not do enough to support local suppliers, despite the retailer's claims to supply only 100% National Dairy Council (NDC) certified milk.

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Minister Varadkar 'Supportive' Of Reilly Tobacco Proposals

While new Health Minister Leo Varadkar is reportedly still 'at loggerheads' with Children's Minister James Reilly over which aspects of the public health agenda will fall under his remit, he appears to be rowing in behind his predecessor's tobacco proposals. Independent TD Terence Flanagan asked the Minister last week about the steps being taken to assess whether the tobacco industry will sue the government, should plain packaging be introduced.

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Prime retail rents on Dublin's Grafton Street on the rise again

It's not even a month since our Supreme Court ruled that the iconic cafe remains tied to its boom-time contract with landlord Ickendel Limited for another three years. Ickendel is controlled by developer Johnny Ronan and NAMA. But what's happening 
on the ground?

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Aldi and Lidl bag a bigger share of the grocery market

With as much as a third of total household spending going on groceries the numbers are a key marker of consumer activity. The latest supermarket share figures from Kantar Worldpanel in Ireland show German discounters Aldi and Lidl are the main winners as households loosen the purse strings, gaining market share at the expense of Tesco and Dunnes.

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Lidl woos middle-class shoppers with upmarket French wines

Bottles of upmarket French wine like Pomerol and St Emilion will soon be on the shelves next to 39 cent grapefruit and blow torches for €10 at Lidl. In an attempt to woo middle-class shoppers, the discount retailer is launching a new range of premium French wines at its 140 stores in the Republic from September.

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Aldi Stores Ireland Pays Tribute To Karl Albrecht

Aldi Stores Ireland has paid tribute to the founder of the Aldi organisation, Karl Albrecht, who has passed away at the age of 94. In a statement, the retailer said that the Irish arm of the discount retailer "continues to embody the founding principles on which Karl Albrecht built a business focused on meeting the needs of customers. Aldi Stores (Ireland) joins the rest of the Aldi South Group in paying respects to Karl Albrecht and extending their sympathies to his family."

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Losses Increase At Dr. Oetker Following 'Challenging' Year

After-tax losses at Dr. Oetker Ireland increased to €508k last year (up from €60.4k in 2012), according to accounts just filed. The accounts, which cover the period to 31 December 2013, show that sales were down for the year, at €12.8 million (2012: €14.4 million), while gross profit also declined to €3.4 million (2012: €4.1 million).

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Topics: Insights, irish retail, Retail, retail news