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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Dec 14, 2017 2:44:08 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.

 

Where retail technology needs to go now

There are a lot of ideas around about where retail technology needs to go and most of them are good. But until now, very few of them were going to do what retailers need most: give consumers a great reason to go back into stores. Now, there are ideas emerging and developing that will be highly impactful.

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Sharpest rise for 18 months as face-to-face shop spending surges over 5pc

Consumer spending surged last month, driven by Black Friday sales. Spending in shops shot up by 5pc, the sharpest rise for a year and a half. Online spending was also up strongly. The latest Visa spending index indicates that online sales also saw a bounce due to Cyber Monday, when websites…

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Retail Excellence Ireland reports booming Cyber Week sales

Pharmacy, cosmetics, electronics, technology and fashion have been the most popular categories for online shoppers here so far this festive season. Figures compiled by industry body Retail Excellence Ireland show a sales lift of up to 60% year-on-year during the final week of November.

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Black Friday deals give Irish consumer spending a boost

Visa’s latest consumer spending index has revealed that the recent “Black Friday” phenomenon caused a sharp year-on-year increase in household spending for November.The index, which measures expenditure across all payment types (cash, cheques and electronic payments)...

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Irish households will spend more than €2,600 this Christmas
Retail Ireland has published its Christmas Retail Monitor 2017, which predicts the Irish household will spend an average of €2,654 in shops this December. This represents approximately €870 more than any other month of this year, and roughly 2.6% more than Christmas 2016.

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Four in 10 adults purchase Christmas alcohol from mid-December

The last few weeks in the run in to Christmas continues to be a key occasion for alcohol purchases in the off-trade, with just over 4 in 10 (44%) alcohol buyers claiming they will be purchasing the alcohol they need for Christmas from the middle of December to the week before Christmas.

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Drinks industry welcomes Brexit deal

The UK has agreed to remain fully aligned to EU rules supporting Irish cross-border arrangements, even if no deal can be agreed; a move that has been welcomed by the drinks industry in Ireland. ABFI said the agreement will be vital for Ireland’s ‘all-island’ drinks industry, as the cross-border…

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Consumers to keep ‘tight reins’ on Christmas spend

Spending this Christmas and New Year will be buoyant but will unlikely be much greater than year-ago levels, according to the latest survey by KBC Bank Ireland and the Economic and Social Research Institute (ESRI) of consumer plans, writes Eamon Quinn.

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Canteen and supermarket hit with closure orders

Spending this Christmas and New Year will be buoyant but will unlikely be much greater than year-ago levels, according to the latest survey by KBC Bank Ireland and the Economic and Social Research Institute (ESRI) of consumer plans, writes Eamon Quinn.

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Gift vouchers: the gift that keeps on taking away

Despite the fact that the voucher industry in Ireland is worth hundreds of millions of euro, it is almost completely unregulated. Retailers can impose all sorts of ridiculous and ridiculously consumer-unfriendly terms and conditions on their sale and then hide their stupid rules deep…

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Cross-Border shopping jumps as gap rises between North and South

Cross-Border shopping jumped sharply this year to an estimated €418 million from €385 million in 2016 as shoppers in the South headed north to take advantage of the drop in value of sterling. The figures, which do not include car sales or online shopping, show cross-Border spending is back at…

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Not buying Irish at Christmas costs us dearly

Heading up north to save a few euro off the Christmas bill is extremely damaging to our still fragile economy and one economist has even described it as an act of betrayal, says Arlene Harris.

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High-end trainers top of the Christmas wishlists for most Irish lads

Expensive trainers are top of most ­Christmas wishlists this year — and it’s Yeezy to see why. Retail experts say Irish fellas are filling their boots with pricey runners in time for the festive season. Inspired by stars like Conor McGregor — a proud fan of his limited edition Adidas Clima Cool…

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‘Check twice’ for false flags and fake farms when Christmas shopping – IFA

Shoppers have been warned about misleading labelling and unsustainable discounting by retailers. Shoppers are being urged to check twice to make sure the food they buy this Christmas is really Irish, and is priced in an economically sustainable way.

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Last-minute Christmas shoppers warned not to rush into buying gifts without knowing consumer rights and to ask about returns policies

Last-minute Christmas shoppers are being urged not to rush into purchasing products this festive season. Impulse buying can often become a popular trend amongst those caught-up in the rush to purchase gifts for cherished loved ones.

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Repak reveals Irish shoppers attitude to recycling at Christmas

Repak has announced the results of new research* revealing Ireland’s recycling habits over the festive season which shows that while Irish shoppers claim to have the best of intentions, very few check where the packaging generated by retailers ends up.

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Tesco Ireland to donate surplus food to those in need on Christmas Eve

Tesco Ireland has announced it will donate surplus food to groups around the country this Christmas Eve. Working with start-up firm FoodCloud, the supermarket will try to match its 149 Irish stores with volunteers who can distribute the goods.

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Festive delights at SuperValu Donegal town Christmas Food Night

There was no end of Christmas treats in store as SuperValu in Donegal Town organised a wonderful evening of fun and Christmas delights at their annual Christmas Food Night. The Christmas food event offered customers the chance to enjoy a great night of fun while enjoying the sights, sounds and smells of a traditional Christmas.

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Aldi's Kevin and Katie welcome baby carrots in new ad

From love at first sight on a luxurious sleeper train, to The Bodyguard and Titanic inspired adventures, Kevin and Katie have enjoyed a whirlwind romance this Christmas, writes Denise O’Donoghue.

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Christmas supermarket opening and closing times for Asda, Sainsbury's, Morrisons, Aldi and more

Christmas is a time for spending quality time with family and friends, and consuming copious amounts of champagne and party food. Inevitably there may come a time when you need to top up the dwindling supply of mince pies or bottles of fizz, or pick up some hangover essentials like coffee, bacon and bread.

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Accounting scandal at Dealz owner sinks share price

Dealz parent Steinhoff has lost more than $12 billion (€10.2bn) off its value since it revealed “accounting irregularities” and parted ways with its chief executive in a dramatic fall from grace for the South African retailer.

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Ikea’s Irish sales grew 10 per cent in 2017, latest figures show

Ikea’s sales in Ireland in the financial year to the end of August rose by 10 per cent to more than €167 million, according to figures released on Friday morning by the Swedish home furnishings giant. The retailer said footfall at its Irish stores, which include its Ballymun flagship off the M50…

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Shoppers desert the high street in November as Black Friday bites

Retailers across the north need a spectacular festive spending frenzy if they are to salvage anything from the wreckage of this last trading year, according to industry figures. And initiatives like Black Friday, when consumers opt to buy with the click of a mouse rather than hitting the shops…

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