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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Mar 2, 2018 3:33:35 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.

 

34% of Irish adults likely to implement smart home technology in future – survey

iReach Insights conducted a nationally representative survey and 1,000 adults were asked about their opinion about smart technology in general and smart homes, meaning a home equipped with lighting, heating, and electronic devices that can be controlled remotely by a smartphone or...

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Irish economy to grow by 4.7% in 2018

Bank of Ireland has today predicted that the Irish economy is projected to grow by 3.8% next year and the UK by 1.6%. The latest Ireland Outlook from Bank of Ireland highlights the strong momentum in the Irish economy, with activity in the first three quarters of 2017 ahead of…

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Increase in Irish Fairtrade spending up 25% to €342m

The launch of Fairtrade Fortnight saw the announcement of strong growth in Fairtrade spending by Irish consumers. Sales of Fairtrade products in Ireland saw an increase of 25% from €273 million in 2016 to €342 million in 2017.

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Almost 50% increase in people shopping with their phone

There has been a near 50% increase in the space of 12 months in the number of people using their mobile phones to browse for purchases online. Retail Excellence, together with StudioForty9, monitor online sales trends and associated patterns in Ireland and found that 46% more people…

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Majority of consumers willing to pay up to 10% extra for Irish meat

Recent research by Bord Bia has highlighted the confidence placed by Irish consumers in products bearing the familiar Bord Bia Quality Assurance Mark. The research found that 90% of Irish consumers recognise the ‘Quality Mark’.

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Cigarette packets with plain packaging have been introduced in Ireland. Here’s what they look like

The aim of the packaging is to decrease the appeal of cigarettes and you have to say that this does the job. Tobacco products bearing the new standard packaging are now available in some Irish retail outlets ahead of a nationwide rollout in September of this year.

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Retailers forced to self-insure as premium costs surge

Surging insurance premium costs and frequent claims are forcing large numbers of retailers to self-insure. The premium hikes are unjustified, according to Retail Ireland. It said the cost of public and employer liability cover was an unnecessary burden that was now limiting the ability of the sector…

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‘Potatoes are bought every second by Irish consumers’

Did you know that potatoes are bought every second by Irish consumers? 1.67 million households purchase potatoes annually. 11% of all shopping trips in this country consist of potatoes. And, when a bag of ‘spuds’ is included in a shopping trolley, it contributes €27.90 more to the retailer…

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Sale of vegetarian and vegan products soar in Irish supermarkets, study reveals

The sale of vegetarian and vegan products in Irish supermarkets have soared, new figures revealed. One in five shoppers bought vegetarian goods during the 12 week period examined by Kantar Worldpanel Ireland. The study showed an increase in the sale of spinach, berries and avocados…

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Using RFID tags can boost retail sales by up to 5.5%

New Research has found that retailers could boost their sales by as much as 5.5% by using radio-frequency identification tags (RFID), with major benefits including better stock availability and inventory management.

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No more queues, no more supermarket aisles: The future of the Big Shop

The way we live is changing fast. Every fortnight in our new Future Focus series, supported by Volkswagen, we’ll look at how one aspect of everyday life could change in the coming years. This week: payments and grocery shopping. Tired of standing in supermarket checkout queues?

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Met Eireann's severe weather warnings see Irish supermarket shelves empty as public prepare for -10C plunge from Storm Emma

Supermarkets across Ireland are running out of bread as the country braces itself for the worst snowfall in 36 years. Shoppers have rummaged through local stores stocking up on food supplies - as temperatures set to plunge to as low as -10C.

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Stores seek to reassure customers about bread supplies ahead of Storm Emma

Supermarkets in Ireland have experienced an increase in the sales of bread ahead of severe sub-zero weather warnings issued for this week. Stores including Tesco, Lidl and Supervalu, are preparing for increased demand for some items ahead of Storm Emma which is due to hit Ireland tomorrow.

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Tesco Ireland says extra bread, milk and other food essentials will be in stores ahead of Storm Emma

Tesco Ireland has revealed extra grocery essentials will be available for customers who want to stock up ahead of Storm Emma. Yesterday, most bread shelves around the country were left bare due to the Beast from the East’s arrival with the mercury set to plummet to -10°C.

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Louth Tesco branches raise €2,680 for Temple Street Children’s Hospital

Tesco employees across Louth raised €2,680 at a fundraiser for Temple Street Children’s Hospital. The nationwide ‘Get on Your Feet for Temple Street’ fun-filled activity day was part of Tesco Ireland's two-year extension of its charity partnership with Temple Street Children’s University…

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Supervalu to create 210 jobs in 2018

SuperValu announced today that it plans to open three new stores and create 210 jobs in 2018. The announcement was made at its national conference in Killarney today where the grocery retailer revealed that it recorded sales of €2.7 billion in 2017, a new sales milestone for the brand.

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Suppliers to Lidl get chance to shine in Europe

Discount retailer Lidl is on track to export €300m of Irish produce by 2020, with strong growth in demand for craft beers, cream liquor and grass-fed beef. The news comes as the chain launches its latest Kick Start supplier development programme to give small producers a chance to have their…

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Dealz has been ordered to close one of its Dublin stores

Dealz has been forced to close one of its Dublin stores by the national planning authority. The store was refused permission to use a unit in Fonthill Retail Park for one of its stores by South Dublin County Council.

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Zara owner to run down Irish-based web unit

Spanish giant Inditex, the world’s largest clothing retailer and the owner of the fashion chain Zara, is in line for a €4 million windfall from what appears to be the winding down of the Irish unit that handles most of its global online sales.

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Primark set for boost from weak dollar

The parent company of Primark - which trades in Ireland as Penneys - has said the discount clothing retailer’s profit margins are set to benefit from the recent weakness of the US dollar versus sterling, given that the fashion chain sources the majority of its goods in dollars from the Far East.

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Free workshop for Louth retailers: making the Fleadh Cheoil work for your business

Louth retailers are being invited to attend a free workshop which will help business owners make the most of Fleadh Cheoil taking place in Drogheda this August. The interactive workshop is being organised by Ennis Chamber, Retail Excellence Ireland and Drogheda & District Chamber.

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