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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Oct 11, 2017 4:57:18 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.

 

How to prevent Armageddon in retail? Late opening, selling online and quality

One of the best-known faces in Irish retail, Maurice Pratt, has said an Armageddon” in US retailing, that has led to mall closures, layoffs and shrinking profits for big-name stores, will come to Ireland due to the growth of online sales.

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What on earth is experiential shopping and should we care?

Retailers will gather in at a conference Dublin later this week to find out how they can make shopping more “experiential”. What on earth is experiential shopping and should we care? Whether we do actually care or not, we are likely to be confronted by experiential shopping experiences…

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Spending accelerates in September as consumers return to the high street

September saw the fastest acceleration in consumer spending in six months, according to the latest Visa Ireland Consumer Spending Index. Household expenditure was up 3.1pc year-on-year last month, a faster rise than in August, and the sharpest overall rise since March.

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Almost half of Irish adults has purchased a protein bar

The popularity of protein bars amongst adults continues to be high, with almost half (46%) of adults claiming to have purchased one previously, rising significantly from the purchase levels recorded in 2016 research (30%). Recent research on behalf of Retail Intelligence by Empathy Research…

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Retail Excellence launches GDPR manual for retailers

Retail Excellence has launched a GDPR manual to its membership, in conjunction with the Assistant Data Protection Commissioner, Dale Sutherland and Grant Thornton Partner, Mike Harris. The Data Protection Commissioner’s Offices have approved the manual and its content for circulation to the…

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Tesco shares dip as sales hit €1.2bn in Ireland

Tesco's like-for-like sales in Ireland rose 1.1pc to €1.23bn in the first half of the group's financial year as consumers responded to its efforts to lower prices, according to the retailer.

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Food price inflation drives sales growth for Tesco

Tesco sales in the UK and Ireland increased 2.1% to a little over £19bn (€21.5bn), while operating profits increased more than 20% to £471m (€530m). In Ireland, Tesco reported like-for-like sales growth of 1.1% as investment in price reductions helped sales volumes grow…

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Profits at Tesco UK and Ireland jump by over 20pc

Grocery giant Tesco saw its operating profit in the UK and Ireland jump 21.1pc to £471m (€530m) in the first six months to August 26, according to the group's half-year report. Overall the company recorded an operating profit of £759m in the six-month period, an increase of 27.3pc on the same period in 2016.

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No good food to go to waste from Tesco stores by 2020

Tesco Ireland believe that it’s simply not right that perfectly good food goes to waste when there are people in our communities who need it. That’s why in 2014 Tesco Ireland were the first retailer to launch a national surplus food donations programme which has provided over 4 million meals…

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SuperValu Manorhamilton named Best Retail Supermarket in Ireland for Hygiene and Food Safety

SuperValu Manorhamilton has been named Best Retail Supermarket in Ireland for Hygiene and Food Safety standards at the National Q Mark Awards. Their nomination put them in the top 6.75% of all audits completed by the EIQA on the island of Ireland and this win means they are at the very top…

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Supervalu to sell 120,000 Irish pumpkins this Halloween season

SuperValu, the leading Irish grocery retailer, has announced today that it expects to sell 120,000 Irish pumpkins this Halloween. Suitable for both cooking and carving, the hand-harvested pumpkins are now available in SuperValu stores across Ireland, with retail prices starting from as little as €2.

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Aldi picks up another ‘Supermarket of the year’ Award

Aldi has added more awards to its bulging trophy cabinet, this time picking up the prize for ‘Supermarket of the Year’ at the recent Retail Industry Awards 2017. The discounter was also crowned ‘Fresh Produce Retailer of the Year’ in the supermarket multiples category for a…

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Have a look at the new Lidl store planned for Tullamore

This is the artist's impression for the new Lidl store planned for the Church Road in Tullamore. A planning application has been lodged with Offaly County Council. Speaking to the Offaly Express, Alan Barry, Director of Property for Lidl commented, "Lidl Ireland have been working closely with…

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Lidl donates €1,000 to worthy Offaly charity

Lidl Ireland has donated €1,000 to the Offaly Centre for Independent Living after choosing it as their Charity of the Week - a new initiative in the Lidl Community Works programme. Charity of the Week sees Lidl donate €1,000 every week for a year to local charities and groups across Ireland…

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TOPAZ awards €11,500 in cash prizes to Moneygall Clubs

Topaz, Ireland’s largest fuel and convenience retailer, is delighted to announce that four clubs from Moneygall have been drawn as winners in its 2017 Cash for Clubs initiative, with a total of €11,500 being awarded across the clubs.

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Dublin pub sales fall in first nine months of the year

Pub sales in Dublin fell in the first nine months of the year, as improved trading conditions means that fewer premises are coming to the market. During the first nine months of the year, figures from CBRE show that some 16 pubs changed hands, with an average sale price of € 1.18 million…

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McDonald’s Irish arm serves up 13% profit increase

Pre-tax profits at the Irish arm of fast food giant, McDonald’s last year increased by 13% to €15.8m. New accounts show that McDonald’s Restaurants of Ireland Ltd recorded the jump in profits as revenues increased 2% to €86.6m in the 12 months to the end of December.

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Ominous warning of inflationary hike in shop prices

Shop prices in the north are on the verge of returning to "inflationary territory", a local industry body has warned. The Northern Ireland Retail Consortium believes customers could be paying more at the tills sooner rather than later after prices on the most commonly bought products fell at their…

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New £5m Lidl store to open in Lurgan

A new £5m state of the art Lidl store is to open in Lurgan on Thursday creating an extra 10 new jobs for the area. Replacing the current Castle Lane outlet, the store boasts the latest in cutting edge technology.

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Topics: irish retail, irish retail news, irish retailers, Retail News Ireland