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Irish Retail at a glance for this week

Irish Retail at a glance for this week

Posted by Maria Diaz on Oct 1, 2014 4:20:42 PM

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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.

CPM to recruit 300 sales staff

Outsourced sales solutions company CPM, is looking to fill 300 positions available nationwide.
CPM, a subsidiary of Omnicom, a global group of marketing services companies, specialises in helping clients to deliver sales targets through a range of fully managed services including face-to-face residential and business customer acquisition, retail sales, merchandising teams, in-store promoters, demonstrators and sales process support.

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Revealed: How we shop, when we shop, and why

If you’re doing your grocery shopping on a Sunday, Monday or Tuesday, then you are more likely to be planning a healthier meal, but you are still more likely to spend more later in the week. These were just two of the observations heard at a conference in Croke Park yesterday which highlighted the changing face of Ireland’s grocery retail sector — and the ways in which we shop.

The Mining 4 Growth event featured a string of speakers from consumer knowledge research group Kantar World Panel.

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Expected internet shopping surge is an opportunity for retailers

Clothing and footwear are set to make up the bulk of the deliveries, according to a report compiled by Barclays. The banking giant said there are likely to be similar trends in Ireland.

Head of Retail & Wholesale for Barclays, Richard Lowe, who was in Dublin this week, said that not only is the online market growing, it is also having to evolve more radically than before.

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Online shopping to grow by a third by 2018

Online shopping is expected to increase by almost a third (29%) in the next four years, with clothing and footwear to make up the highest proportion of online deliveries, according to a new report by Barclays entitled ‘The Last Mile’.

The study revealed books will be overtaken by food as the product with the third highest volume of online deliveries in 2018 as grocers continue to introduce more convenient and flexible delivery options.

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How brands can win in ‘the age of the shopper’

The Visualise Shopper Marketing Conference 2014, held this morning (26 September) in the Guinness Storehouse, examined how an investment in shopper marketing can help manufacturers both attract new customers and improve brand loyalty

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Consumer spending to aid economic growth despite August dip

Consumer spending is still expected to make a first annual positive contribution to Ireland’s economic growth for four years despite a dip in volumes in August. Latest retail sales data, published yesterday by the CSO, showed consumer spending volumes fell by just under 3% in August, when compared to July. However, when vehicle transactions are excluded, a 0.3% increase was noted.

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People continue to count pennies despite recovery

Irish shoppers are still counting the pennies and concerned about over-reaching following the recession, according to new research. The information formed part of a presentation by Georgieann Harrington of Kantar WorldPanel at a conference in Croke Park this week. According to the consumer research, 84% of people are concerned about their spending — 44% are slightly concerned and 40% are very concerned.

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REI: CSO figures indicate retail Recovery is 'not universal'

Retail Excellence Ireland (REI) has said that yesterday's CSO figures, which showed a fall in the volume of sales by 2.9% in August, is an indication that the retail recovery is "sectorally based and is not universal."

Food, Beverages & Tobacco sector was one of the weaker performing sectors, the study found, with the value of sales declining 2.4% on a month-to-month basis (-3.5% year-on-year), and volume down 2.4% month-on-month (-2.7% year-on-year).

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43% of Irish consumers buy bottled water once a week

More than two-fifths (43%) of Irish consumers buy bottled water at least once a week, according to the latest Consumer Insights survey from Empathy Research. Of 950 participants, a further 29% buy bottled water at least once a month.

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Tesco feels the squeeze as Aldi and Lidl make gains

New rankings from research group Kantar Worldpanel show that Tesco's position as the country's biggest grocery retailer remains under threat. Supervalu had a 24.7pc share of the market during the 12 weeks to September 14. That was down slightly however on the 25pc it held in the corresponding period a year earlier. Cork-based Musgrave, which controls the SuperValu brand, rebranded all its Superquinn outlets as SuperValu earlier this year.

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Aldi, Lidl Dominate Grocery Advertising, Checkout/Nielsen Study Finds

The latest ‘Supermarket Ad Tracker’ report, produced exclusively for Checkout magazine by Nielsen, has found that Lidl and Aldi between them account for nearly half (47.1%) of the advertising share of spend in the grocery trade in Ireland.

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Tesco partners with LivingSocial to help shoppers earn Clubcard points while discovering great experiences in their local area

Tesco Ireland has selected LivingSocial, the local marketplace to discover and share great experiences in your local area, as the latest Clubcard partner. LivingSocial has over 500,000 subscribers in Ireland, over 12pc of the Irish population, with over 250,000 visits to Livingsocial.ie every week.

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20 jobs created as Aldi opens new town store

John Flynn, manager of Aldi's new store, said, 'We are delighted to open our new store and look forward to welcoming many new customers from the local area. Aldi has been the fastest growing supermarket in the country over the last number of years. Each week, more and more Irish families are visiting our stores, swapping their weekly shop to our award winning range of own-brand groceries and making huge savings on their weekly shopping bill.'

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Rural retail strategy launched at Ploughing

Retail Excellence Ireland (REI) launched a strategy for rural retailing at this week’s National Ploughing Championships. The document has been created to provide guidance and motivation to stakeholders in all of Ireland’s towns and villages to work together collaboratively to design and implement a plan which will reinvigorate  towns and villages with a view to re-engaging both citizens and customers with their respective town or village.

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Tesco trialling sale of 'Wonky Veg' in effort to reduce food waste

Tesco is to sell vegetables classified as an irregular shape or size, marketing them as ‘Wonky Veg’, in an effort to support Irish growers and reduce waste.

Starting out with carrots and mushrooms, the offering will be expanded depending on customer response, according to Tesco Ireland’s fresh buyer Sinead McDonogh.

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Discount retailer Dealz to hire 300 staff in new Irish stores

Discount retailer Dealz has announced plans to hire as many as 300 additional staff as it rolls out new stores.

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Friends First acquires Blackrock Shopping Centre

One of Ireland’s leading life assurance companies, Friends First, has acquired the majority stake in the iconic Blackrock Shopping Centre. Friends First previously owned 34 per cent of the centre through an internal fund and it has now, through the Friends First Irish Commercial Property Fund, acquired the remaining 66 per cent from Musgrave Operating Partners Ireland.

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Lidl Ireland donate €5k to Bumbleance sick kids charity after cruel equipment theft at Ploughing Championships

Supermarket giant Lidl have donated a whopping €5,000 to Bumbleance - the kids charity which was left devastated yesterday when €1,000 worth of vital equipment was stolen from their stand at the National Ploughing Championships.

Volunteers from the incredible service were left in shock when sick thieves nabbed the kit while they were busy fundraising at the massive event.

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Taoiseach launches second Food Academy Start programme, creating 150 new jobs

Nearly 200 Irish small food businesses will benefit from scheme which gives participants the chance to secure retail sales worth €5 million with SuperValu.

An Taoiseach Enda Kenny on 25 September launched the second Food Academy Start Programme at the National Ploughing Championships, encouraging start-up food producers to register for the programme.

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Microsoft unveils first look of new MSN

Microsoft has unveiled the first look of its new MSN. Built from the ground up, the company said that it combines premium content from the world’s leading media outlets with personal productivity tools that help users do more.

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Fall in car buyers send retail sales downward

The latest statistics from the Central Statistics Office (CSO) show the volume of sales last month were down 2.9pc on July. By far the biggest monthly drop came in motor trades, likely linked to a spike in sales caused by the first "142" licence plates going on sale in July.#

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Glanmore Foods Win Big At National Q Mark Awards

The National Q Mark Awards took place last Thursday,recognising a number of retailer and food producers practices for hygiene and food safety practices. The biggest winner on the night was Glanmore Foods, which took home the award for ‘National Champions of The Q Mark for Hygiene and Food Safety’ for the second year in a row.

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IWA: Irish Wine Excises Are The Highest In Europe

The Irish Wine Association (IWA) has revealed in its Annual Wine Market Review (2013), that Ireland’s wine taxes are now the highest in Europe. This has led to a 8% drop in the volume of wine being sold in Ireland.

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Topics: Insights, irish retail, retail news