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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Nov 1, 2017 12:44:47 PM

CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. 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.

 

Six in ten adults snack outside main meals

Almost six in ten (59%) adults claim to snack outside of their main meals once a day or more often, rising from 2016 levels where just over half (52%) of adults claimed to snack outside of their main meals. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally…

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One in seven tea drinkers have increased tea consumption year-on-year

Just over 1 in 7 (15%) tea drinkers claim to have increased the number of tea consumption occasions they have had over the past year, marginally ahead of the 1 in 9 (11%) who have decreased their tea consumption during the same period. Recent research on behalf of Retail Intelligence by Empathy…

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Irish retail sales up 1.2 percent in year to September

Irish retail sales volumes increased by 1.2 percent in the year to September but grew by 7.7 percent when Brexit-hit car sales are excluded, data from the Central Statistics Office showed on Friday.

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‘Back to school’ effect sees retail sales rebound in September

Retail sales, excluding cars, rebounded in September, as consumers came back from summer holidays and spent on back to school expenses. Car sales plummeted by 18 per cent however, as a weak sterling is leading to a spike in used car imports from the UK.

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Retails sales increase in September

Retail sales increased by 1.3pc in September when motor trades are excluded, according to the latest data from the Central Statistics Office. The largest monthly volume increases were recorded in the furniture and lighting sector, which increased by almost 5pc, and electrical goods…

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Sales of furniture boost retail figures

Retail sales grew almost 2pc in the third-quarter of the year, boosted by furniture, garden products and large appliances as consumers invested in their homes. New figures from members of Retail Excellence Ireland (REI) show that while some categories continued to feel pressure…

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Research shows increase in Irish consumers shopping via smartphones

Irish consumers are increasingly using their smartphones to shop online, according to recent research carried out by Amárach Research on behalf of mobile provider Three Ireland. The figures indicates that over three in four mobile users shop online once a month using their phones with…

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Irish retailers who are unable to accept new payment methods risk missing out on sales

Irish small businesses are at the risk of falling behind international peers in their adoption of digital payments technology, according to new research commissioned by Visa. The research shows that Irish SMEs could individually save between €5,000 and €6,000 per year on cash handling costs…

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World's first checkout-free shop to open in Cork

The world's first cashier-less shop is set to open in Cork early next year using new technology that is set to revolutionise world retail, writes Alan Healy. Blackpool company Everseen has developed the new store on French Church Street and is currently testing their system that will allow customers…

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Retail Ireland: 2018 Commercial Rates Increase Unfair On Retailers

Retail Ireland has expressed concern about an impending rise in the commercial rates bill for many retailers, arising from the ongoing revaluation of commercial properties by the Valuations Office. New research carried out on behalf of the Ibec group on the national commercial property…

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Kantar Worldpanel: Top supermarkets neck-and-neck

Kantar Worldpanel has published the latest figures for Ireland’s supermarket industry for the 12 weeks to 8 October, with the fascinating surge of Tesco to share the top spot with SuperValu as Ireland’s largest supermarket. Both hold a 22.0% share of the market, after Tesco saw a sales…

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SuperValu and Tesco Share Top spot as Ireland's largest supermarket

SuperValu and Tesco share the top spot as Ireland's largest Supermarket, according to the latest figures from Kantar Worldpanel in Ireland, published today (24 October) for the 12 weeks ending 8 October 2017. Both supermarkets tie with with a 22.0% share of the market.

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New SuperValu jobs on the way

SuperValu has created 55 new jobs in Dundalk following a €7m investment. The jobs have been created in the grocery retailer's new 17,600 sq foot SuperValu Fairways store, which is owned by local businessman Richard Tiernan. The development also includes a coffee shop, a pharmacy…

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Aldi raise vital funds for Dundalk Dog Rescue

Aldi is delighted to announce that Dundalk Dog Rescue is the latest charity to benefit from Aldi’s 2017 Community Grants programme. Aldi’s Ramparts Road store staff have awarded Dundalk Dog Rescue a €500 grant in recognition of its vital work and contribution within the local community…

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24 wins for Aldi at Irish Quality Food & Drink Awards

Aldi has scooped an impressive 24 awards for it and its suppliers at the 2017 Irish Quality Food & Drink Awards, which took place this week in Dublin’s Clayton Hotel. Among the winners were Aldi’s Specially Selected Black Angus Rib Eye Steak, Specially Selected Dry Aged Black Angus Strip Loin…

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Molton Brown building on Grafton Street for sale for €9m

With institutional funds still leading the search for well-located retail investments in Dublin’s south inner city, the likelihood is that one of them will buy the Molton Brown store at 80 Grafton Street, which goes for sale from today.

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Brown Thomas turnover and profit fall in wake of store closures

Upmarket Irish fashion retailer Brown Thomas reported a decline in turnover and profit last year as a result of closing two small stores and the impact of the decline in sterling post-Brexit. Accounts for Brown Thomas & Co Ltd show the Irish retailer’s turnover declined by 3.5 per cent to…

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Sales at Arnotts break €75m mark as Selfridges continues to invest

Sales at Arnotts increased by 5.3pc last year up to €75.3m following continued investment in the Dublin department store which is now owned by the Selfridges Group. There are several new developments planned for the shop, including the arrival of exclusive perfume brand Jo Malone…

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Sligo shop is shortlisted for Independent retailer of 2017

Sligo based Irish design and Craft shop Cait & I was shortlisted for 'Independent Retailer of the Year' in this year's Image Interiors & Living Design Awards. '"We were delighted and very proud to be included in the shortlist for Independent Retailer after such a short time in business and to…

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The Light Room at Place will be unveiled this week

Place Boutique in Gorey is launching an innovative project on Thursday, October 26 at 7 p.m. The Light Room will be a temporary interactive installation in the boutique and the unique project will be the first of its kind in a retail space in Ireland.

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Belfast Royal Exchange plans to build 27-storey high-rise and create 6,000 jobs

The £400m Royal Exchange revamp of part of Belfast city centre could include a 27-storey high-rise building as part of the ambitious scheme which it's claimed will create 6,000 jobs. The £400m Royal Exchange revamp of part of Belfast city centre could include a 27-storey high-rise building as part…

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Topics: Irish news, retail irish news, retail news