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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 4, 2018 1:50:50 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.

 

Less adults purchase from deli counters, research shows

There has been a reduction in the proportion of adults who claim to purchase from a deli counter at least once a week for either hot or cold food of some description, dropping from 39% in 2016 to 35% in 2018.

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Fivefold increase in online shopping since 2007

Online shopping has sky-rocketed in Ireland over the past decade, with a fivefold rise in shopping at the click of a mouse. Shoppers are purchasing everything from their bread and milk to wedding dresses and suites of furniture from the comfort of their own home and getting the goods delivered to their door.

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Date for sugar tax pushed back three weeks from 6 April to 1 May

The much-discussed sugar tax will not come into effect until 1 May, almost a month later than the 6 April date which was previously confirmed. The new commencement date has been confirmed today by the Department of Finance.

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Retail sales weaken on lower car sales

Irish retail sales fell 0.2 per cent in February, again dragged lower by both new and used car sales, but the rate of decline has slowed significantly. Monthly figures from the Central Statistics Office (CSO) show that if motor trades are excluded, the volume of sales actually increased by 0.6 per cent compared to January, and by 6.3 per cent in the year.

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Pubs to generate over €40m in sales this Good Friday, Vintners’ Federation says

The Vintners’ Federation of Ireland (VFI) say this Friday is "an historic day for Irish pubs". It is first time in over 90 years that licensed venues are open and permitted to serve alcohol. The group has welcomed legislation that allows pubs to serve alcohol on Good Friday.

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The right moves: Retailers need to get in touch with emotions and learn to sell them

Another slew of company failures on the UK High Street underlines fears that retailers may be nowhere near the end of the painful readjustment to online retailing. With Retail Excellence Ireland telling us that Irish consumers spent €5bn online last year, with €3bn of that going abroad…

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'Beast from The East' provides boost to Irish grocery market

The ‘Beast from the East’ and Storm Emma provided a 'huge boost' to the Irish grocery market, research shows. According to Nielsen's rescently published retail performance data, grocery shoppers spent €9.6 million more on groceries (+4%) in the week of the storms than they did…

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Storm Emma drink sales help lift grocery by €9.6m

Grocery shops got an unexpected windfall from the snow drifts and Storm Emma, with shoppers’ bulk-buying of milk, bread, and, alcohol helping to add €9.6m in sales in a week, according to Nielsen data. The biggest winners were convenience stores and luxury foods, according to the market researcher.

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We spent an extra €2.6m on wine during Storm Emma...

Small shops grabbed a massive 50pc of the grocery market during Storm Emma as supermarkets struggled to stay open and stay stocked during the extreme weather. While the Beast from the East caused havoc for some, it provided a huge boost to the grocery market, with shoppers spending…

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Irish software company Everseen rings up the first checkout-free shops

Two checkout-free shops will open in the centre of Dublin and Cork later this spring, using technology developed by Cork-based software firm Everseen. Customers at the two convenience stores - likely to be operated by Musgraves - will be able to make purchases without encountering…

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Tesco won’t raise soft drink prices after sugar tax

Tesco Ireland has said it will not increase the prices of its own-brand carbonated soft drinks after the introduction of the new sugar tax next month. The retailer said all the soft drinks it sells under its own label, as opposed to those of rival larger brands, have been reformulated and their sugar…

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Aldi invests €500,000 in Supplier Development Programme

Aldi today (4 April) revealed that it is investing €500,000 in a new supplier development programme. The Grow with Aldi programme was announced as new research from Core Research found that 'buying Irish is more important than ever for Irish consumers, with 78% of Irish shoppers always…

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Dunnes Stores opens first in-store hairdressers

Following on from its successful innovations in the fashion arena, Dunnes Stores is now further developing its credentials in the style stakes with the opening of its first in-store hair and beauty salon.

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New Dealz store in Tipperary will create 20 jobs

Tomorrow (Friday, 30th March), Ireland’s largest discount retailer, Dealz, will celebrate the opening of their 64th store, in Clonmel, Co. Tipperary. The newly opened full store, 5,500 sqft, will include a dedicated PEP&CO space and is located at Showgrounds Shopping Centre, Davis Road, Clonmel.

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Food and drink suppliers in the north get a ‘Kick Start' From Lidl

Supermarket Lidl is offering food and drink companies in the north a 'Kick Start' and have their products stocked in over 190 stores on the island of Ireland. Lidl's Kick Start Supplier Development Programme is designed specifically to provide small and medium-sized suppliers with the support…

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Mayo MACE stores claim top accolade for retail excellence

Fallon’s MACE, Ballinrobe, has been honoured at the MACE Excellence Awards for achieving exceptional standards in retailing, which was held in the Lyrath Hotel, Kilkenny, and hosted by BWG Foods, owners and operators of the MACE brand.

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Forget Black Friday…it’s all about Good Friday as Irish retailers slash prices by up to 70 per cent

The high street and online is awash with discounts as retailers slash prices by up to 70 per cent. But are the discounts really as good as Black Friday and can you trust sale prices? We take a look. At the moment “Easter sale” signs can be found covering high street window displays, in a bid to attract…

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Unsold T-shirts drive H&M shares to 13-year low

Swedish fashion retailer H&M, the world’s No 2 clothes retailer which has over 20 Irish outlets, said it is increasing markdowns after accumulating a record pile of unsold garments worth more than €3.2bn.

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Dixons returns to profit after €7.9m gain

The Irish arm of the Dixons retail operation last year returned to profit to record pre-tax profits of €6.36m after an exceptional gain. The return to profit followed DSG Retail Ireland Ltd recording pre-tax losses of €24.84m in 2016.

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Currys PC World turns corner with €6.36m profit

High-tech chain Currys PC World’s business in the Republic is poised for a record 2018 after turning the corner last year, earning a profit of €6.36 million. DSG Retail, which owns Currys PC World, increased revenues by 1.8 per cent in the 12 months to April 29th, 2017, to €158.4 million from…

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Topics: irish retail, irish retailers news, retail news