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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maëlle Le Ruyet on Mar 14, 2018 3:52:09 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.

 

 

Irish retail sales post annual growth of 1.3 pct in January

Irish retail sales volumes were 1.3 percent higher in January than in the same month last year, the lowest annual growth in nine months, data showed on Friday. But if volatile car sales were excluded, retail sales volumes would be 5.7 percent higher than a year earlier, the central statistics office said.

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Over 9 in 10 adults make an effort to eat healthy

Over 9 in 10 (92%) adults are currently making efforts to eat healthier or exercise more, with females (94%) marginally more likely to be doing so than males (90%). Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample of 1,013…

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ABFI welcomes commitment to provide more nutritional information for drinks

A new EU wide commitment by drinks producers to provide more nutritional information and listing of ingredients has been welcomed by the Alcohol Beverage Federation of Ireland (ABFI), the representative body for drinks manufacturers and suppliers in Ireland. ABFI is a member of both…

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Visa: 5m contactless transactions made weekly

Children’s charity Make-A-Wish Ireland has announced plans to accept contactless donations during the sixth annual Wish Day today, Friday, 9 March. Visa, which is Make-A-Wish’s charity partner, is facilitating the payments. Meanwhile, Visa has revealed that contactless payment has continued to…

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Visa and Bank of Ireland launch live life rewards

Visa and Bank of Ireland have announced the launch of “Live Life Rewards from Bank of Ireland”, a new loyalty programme powered by Visa’s Card Linked Offers platform. Through the programme, Bank of Ireland current account holders will now be able to avail of cashback offers from a range of…

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Irish consumer spending rises for twelfth consecutive month: visa index

Irish consumer spending has risen for the twelfth, consecutive month, according to the latest Visa’s Irish Consumer Spending Index. The report which measures expenditure across all payment types (cash, cheques and electronic payments), signalled a +4.4% year-on-year expansion in household…

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ECC Ireland calls on traders to inform staff of consumer’s rights

European Consumer Centre (ECC) Ireland is calling on traders to to comply with obligations and ensure staff know consumers’ rights when goods are faulty, ahead of World Consumer Rights Day, which falls tomorrow 15 March 2018. The group which is a part of the European Consumer Centre…

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Shoppers’ grocery spend more than ever, says Kantar Worldpanel

Kantar Worldpanel’s latest grocery market share figures for Ireland have been published, for the 12 weeks ending 25 February 2018. Once again, the results show positive momentum in the sector in Ireland, with overall growth hitting 3.9%. Across all stores, shoppers have spent an additional…

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January retail sales decrease 0.6% as car sales continue to slow

Retail sales volumes decreased by 0.6% in the month of January, as the volume of car sales slowed, while annual figures showed an increase of 1.3%, according to the Central Statistics Office. The first two months of 2018 saw a total of 42,314 new private cars licensed, a 2.9% decrease compared to…

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Sneachtmageddon strikes!

“Ireland is in a mad state of panic, the beast from the east is coming, what can I say…supply and demand. Can sell by the slice; drone delivery €80 in the local parish depending on visibility.” So read an ad on Done Deal last month from a private seller called Mark in Clonroche, Co. Wexford. Believe…

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Dunnes stores remains Ireland’s top supermarket

The latest grocery market share figures from Kantar Worldpanel in Ireland, published today for the 12 weeks ending 25 February 2018, show continued positive momentum among Irish supermarkets, with growth hitting 3.9%. Among the retailers, Dunnes remains in lead position, capturing 23.1% of…

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Dunnes Stores restructures 40 companies in group reshuffle

Dunnes Stores has completed a major corporate restructuring process by assimilating 40 individual companies into a principal entity within the group via a merger process. The move comes just months after it became apparent that the secretive retailer has been undergoing significant change…

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SuperValu announces three new stores for 2018

SuperValu took the opportunity of its annual national conference last week to announce three new stores for 2018, which would result in more than 200 new jobs in local areas around Ireland. Along with these new stores, the locations of which are yet to be made public, 50 store revamps will take…

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German discounters simultaneously announce ambitious plastic reduction targets

As the world slowly wakes up to the crisis it’s facing with our addiction to plastic, Lidl and Aldi have become the latest supermarkets to announce a number of commitments to reduce the amount of plastic in circulation through their stores. Under its new targets, Lidl has said it will: By 2022…

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Complaint upheld against Lidl over competition for 'year’s free shopping'

The advertising watchdog has upheld a complaint against supermarket chain Lidl for failing to identify the winners of a “year’s free shopping”, writes Joe Leogue. The Advertising Standards Authority for Ireland upheld seven of the eight complaints it recently investigated, including one…

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Lidl Ireland to run daily bus service for loyal punters left stranded after local Fortunestown store was destroyed

Lidl Ireland has vowed not to leave loyal shoppers stranded as they are to run a daily bus services to the nearest store after their local one was destroyed and looted. The company say they will demolish the remainder of the building at Fortunestown Lane, Tallaght after it was significantly…

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Aldi unveils its revamped Claremorris “Project Fresh” store

Aldi’s new Claremorris “Project Fresh” store has reopened its doors to customers following an extensive renovation project which has seen the store completely refurbished as part of Aldi’s €160 million investment in its Irish store network. Aldi has committed €100 million to constructing and…

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New €20,000 Gala initiative to gift country’s primary schools with resources

Known for community-focused convenience retailing, Gala Retail is marking its milestone 20th year by giving back to the communities its stores service. This week, Gala Retail launched its new initiative ‘Gala Gifts for Schools’ which will see the retail group giving away €20,000 to primary…

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Applegreen posts revenue and profits increases in Ireland

Revenue for Applegreen in the Republic of Ireland increased by 12.3% and gross profit increased by 16.5% for the year ended 31 December 2017. That's according to the petrol forecourt retailer's preliminary results which were published today. Total fuel gross profit increased by 21.1%...

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New Look is closing down 60 stores with an expected loss of up to 1,000 jobs

New Look is closing down 60 stores with an expected loss of up to 1,000 jobs. The popular fashion retailer, with stores right around Ireland, will shut the doors of a number of shops as they seek to restore profitability after struggling with trading recently. This follows the likes of Toys 'R' Us…

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Domino’s Pizza Irish arm records double-digit growth

Domino’s Pizza Group recorded double-digit growth at its Irish operation buoyed by a recovering economy and its own investment in digital, the group said on Thursday. Reporting full-year results for 2017, Domino’s reported like-for-like growth in Ireland of 10.8 per cent, while online sales…

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