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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maëlle Le Ruyet on Mar 7, 2018 4:56:15 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.

 

 

Majority of Irish adults believe unsold food should be donated to charity

Almost 9 in 10 (87%) adults believe that supermarkets should donate unsold leftover food to charity. This is one of the findings from recent research amongst a nationally representative sample of 1,051 adults aged 18+, conducted on behalf of Retail Intelligence by Empathy Research. The purpose of…

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Irish consumer sentiment slips in February reflecting a 'pull-back' in spending

Irish consumer sentiment slipped somewhat in February reflecting a pull-back in spending plans and slightly more cautious views on Irish economic prospects in the coming twelve months, according to the recently published KBC Bank Ireland/ESRI Consumer Sentiment Index. The report indicates that…

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Tesco completes £4 billion takeover of Booker

Tesco's £4 billion takeover of Booker has completed, both companies said today, creating a new powerhouse in Britain's £200 billion a year food market. The cash and shares deal to combine Tesco, Britain's biggest retailer, with Booker, the country's largest wholesaler, received court approval on…

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Booker chief takes over Tesco UK & Ireland

Tesco has appointed Booker chief Charles Wilson as the new head of its retail operations in the UK & Ireland. This comes as the UK's largest retailer sealed the deal yesterday on its £4 billion takeover of wholesale group Booker. Wilson has taken over the role from Matt Davies, who will move on to…

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Award winning Dunnes Stores brand manager to address Enterprise Week event in Derry

The brand manager behind Dunnes Stores’ acclaimed Simply Better food collection will share his extensive knowledge and experience of food retail when he addresses the Enterprise Week ‘Taste Our Best’ conference at the Guildhall this Monday March 5th. Diarmuid Murphy has worked with…

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Nally’s Trim named 2018 SuperValu Store of the year

Nally’s SuperValu in Trim has been named SuperValu Store of the Year for 2018. The Meath store also won SuperValu’s Medium-Sized Store of the Year award. Nally’s received the much-coveted accolades at the recent SuperValu National Conference, which was held in the Great Southern…

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Total produce posts €4.29 billion in revenue for 2017

Fresh produce company Total Produce has posted a total revenue increase of 13.9% to €4.29 billion for 2017. Adjusted fully diluted EPS were up 11.7% to 13.48 cent. Adjusted EBITDA were up 10.1% to €104.4 million, while adjusted EBITA were up 13.3% to €83.5 million. Group revenue increased by…

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Poundland to open more Pep&Co outlets as it takes on Primark

Poundland is to accelerate the rollout of Pep&Co fashion outlets within its existing stores as the retailer ramps up competition with rival Primark. The expansion drive, part of its aim to become a "major high street fashion player", will see it open 91 Pep&Co stores by June, putting it on course…

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Boots Ireland bans selling energy drinks to children

Boots Ireland has announced that it has banned the sale of energy drinks to children, according to a recent statement. Effective as from yesterday the retailer said that it now has a till bar system in place where anyone thought to be under the age of 16 will be asked to prove their age. In a…

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Thomas Cook to close a further 27 stores

The move follows a trial scheme announced in September, which saw Cook axe 18 cluster manager roles in six regions and replace them with store managers. In a statement released this week Cook said it had subsequently “seen an improvement in performance” within these regions, resulting in…

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