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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Sep 14, 2017 4:29:14 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 brands continue to lead in grocery market finds Checkout Top 100 List

Irish brands have once again proven to be strong performers in the Irish grocery market, holding on to high places on the Checkout Top 100 Brands listings, produced in association with Nielsen. While global soft drinks giant, Coca-Cola has held on to the No.1 spot for the 13th year in a row, the top 10 is dominated by Irish brands, such as Avonmore (3rd), Brennans (4th), and Tayto (6th).

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More and more consumers won't shop in places without card facilities

43 percent of Irish consumers have at one stage intentionally avoided a shop that didn’t have card or contactless payment facilities, according to a new survey by card payment provider BOI Payment Acceptance (BOIPA).

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Majority of owners feed their cats solely on cat food

7 in 10 (70%) cat owners will feed their cat solely on cat food, while almost a quarter (24%) feed them a mixture of both cat food and leftovers, while there are 6% who claim to only feed their cat leftovers. This research, conducted on behalf of Retail Intelligence by Empathy Research…

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Almost two thirds of Irish adults purchase deodorant monthly

Deodorant is one of the most frequently purchased personal care items amongst adults with almost two thirds (63%) claiming to purchase once a month or more often and 3 in 10 (30%) buying once every 2-3 weeks.

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Irish people spent approximately €9bn online in 2016

A survey conducted by Amarach Research on behalf of card payment provider BOI Payment Acceptance (BOIPA) among 1,000 Irish adults has found that almost three-quarters (73%) of Irish card holders use contactless payments, two-thirds at least weekly, with ‘millennials’…

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European consumer spend increases by 3.7% in Q2: Nielsen

Research has shown, that the amount that European consumers spent on everyday items, such as food, drinks and toiletries has increased by 3.7% in the second quarter of 2017. The Nielsen data which was based on a survey of grocery retailers across 21 European countries…

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Aldi report says retailer has invested €1.2bn in Irish economy

German retailer Aldi has invested more than €1.2 billion in capital expenditure in Ireland since it opened its first stores here in 1999. According to a report assessing Aldi’s economic impact in Ireland, last year the retailer contributed to the generation of more than €1 billion to Ireland’s…

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Aldi spends €700m with Irish suppliers

A new economic report has highlighted that Aldi has made a capital investment of more than €1.2 billion in Ireland since entering the market in 1999. In 2016 Aldi spent over €700m with Irish producers, manufacturers and suppliers. Over 50pc of sales come from products sourced from Irish based suppliers.

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Applegreen sees profits rise by 16.4% in ROI in H1

Applegreen's revenue in the Republic of Ireland increased by 15.4% and gross profit increased by 16.4%, in the six months to 30 June 2017, according to its half-year report, which it published today. The forecourt retailer noted that its like-for-like food and store sales increased year on year by…

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Big scoop for Scally’s at Checkout Retail Awards

Scally’s SuperValu in Clonakilty has scooped the prestigious award for ‘Most Creative Retailer’ in Ireland at the annual Checkout ‘Best in Fresh’ awards. This award acknowledges Scally’s SuperValu in their ongoing commitment to delivering an unrivalled fresh offering at great value prices, while striving to support Irish suppliers.

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Dublin-based vaping retailer plans major UK rollout

Hale Vaping, which has its headquarters in Dublin and a network of more than 40 Irish shops selling e-cigarette liquids, says it plans a UK rollout of 75-100 new outlets over the next two years. Company director Vincent Lynch said the company already has funds in place to get the first 40 of those outlets off the ground.

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Freshii to open 6 new Irish stores by end of 2017

Healthy fast-food chain Freshii plans to open six new Irish restaurants by the end of this year. The new outlets include locations in Dame Street, the Point Village, Sandyford and Smithfield and will lead to the creation of 60 jobs.

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Argos set to hire 670 temporary workers in Ireland to cope with the annual surge in business over Christmas

High street giant Argos is taking on around 670 temporary workers to cope with the annual surge in business in Ireland over the festive season. Hundreds of customer advisers and stock assistants will be hired at 39 Argos stores across the country to meet customer demand for toys, electrical goods…

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Clothing retailer Gap set to open new Limerick store

Clothing retailer Gap is set to open an outlet store in Limerick. The American chain had a unit in the Crescent Shopping Centre, which closed a number of years ago. But now the firm is back in Limerick, with recruiters seeking staff for its new store here. Although the company was not available…

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Blanchardstown Shopping Centre in line for second extension

The management company for Blanchardstown Shopping Centre yesterday lodged a planning application to extend the centre at a cost of €40 million. The application will involve a 9,290sq m (100,000sq ft) extension of the Red Mall to include a new key store of 3,716sq m (40,000sq ft)…

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Big block of Temple Bar goes on sale for €11.75m

One of the key retail blocks in Dublin's busy Temple Bar, including the hugely successful Elephant & Castle restaurant, is to be offered for sale at €11.75 million. At that valuation, the next owner can bank on an income yield of 5.7 per cent.

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New M&S store to bring 80 jobs as firm celebrates 50th anniversary

Up to 80 new jobs are to be created in the Craigavon area as retailer Marks and Spencer announced a new store as part of its 50th anniversary celebrations in the province. The move, which brings the number of stores here to 21, comes as the company marks 50 years of trading in Northern Ireland…

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Over 40% of shoppers in Northern Ireland use smartphone for shopping

Around 41% of consumers use their phones to shop, compared with the UK average of 31%, according to a new survey from Barclays. Shoppers in the region also say they buy just one-third of the products that they save to their shopping baskets online.

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One of the largest Tesco’s in Northern Ireland sells for over £27m

Savills Northern Ireland this week announced the sale of the 93,788 sq. ft. Tesco Extra foodstore in Newry, Co. Down for more than £27m. The property, which is situated on Downshire Road, was sold by Aberdeen Standard Investments to a private investor.

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Topics: Retail