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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Surovit Roy on Jul 5, 2017 5:14:12 PM
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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.

 

Grocery retail market sees biggest growth since January

The Irish grocery retail market saw its biggest growth since January in the 12 weeks to 18 June, according to new figures from Kantar Worldpanel in Ireland. Price deflation for the period, which held steady at -0.2%, was offset by an increase in overall volume sales of 4.6%...

 

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Irish retail sales on the rise, but volume a cause for concern

Retail Ireland, the Ibec group representing the sector, has welcomed the strong growth in Irish retail sales, but has raised concern over the increasing disparity between sales and volume growth. The Central Statistics Office (CSO) retail figures for May reveal that Irish retailers need to...

 

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Retailers must now 'sell twice as much product for return'

Irish retailers need to sell twice as much product than in previous years 'to secure a return at a time of growing input costs', according to Retail Ireland in a statement it issued today. Irish retailers need to sell twice as much product than in previous years 'to secure a return...

 

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Retailers call for a 3% reduction in VAT

A new report released by Retail Excellence calls for the government to reduce VAT by 3%, in order to lessen the potential negative impacts of Brexit. In its Pre-Budget 2018 submission, Retail Excellence offers recommendations to the government. The report focuses on ...

 

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Irish shoppers willing to swap privacy for service

Retailing will change more in the next 10 years than in the past 40, according to new research from Accenture, led by digitalisation. The digital wave, could bring a cumulative $2.95 trillion (€2.5 trillion) in value to the retail industry as quickly as 2025, according to the research...

 

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Shoppers offset deflation effects as grocery market increases by €80m

The Irish grocery market grew at the fastest rate since January in the 12 weeks to June 18, as shoppers buying more offset the impact of deflation. SuperValu remains, just, in the top spot as the biggest grocery chain in terms of market share, according to the latest figures from Kantar Worldpanel...

 

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Ireland: Aldi rolling out 40% increase in chilled space 

Aldi Ireland is investing in the fresh products segment across its network of stores with a 40% increase in chiller space to accommodate the surge in demand across the category, including the fruit and vegetables. Aldi has been trialling its “Future Stores” concept in recent ...

 

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In focus: Aldi plots 5bn spend

 

 

Subway to open 500 new stores in UK and Ireland

Subway is seeking 500 new franchisees in the UK and Ireland in an expansion that could create 5,000 jobs.The world's largest fast food brand is hoping to take its number of UK and Ireland stores to 3,000 by 2020.Some 150 could open this year...

 

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Northern Ireland retailers urge public to buy local on Independents' Day

Family-owned businesses across Northern Ireland are hoping to reap the rewards of the public's support today as Retail NI encourages shoppers to think local on 'Independents' Day'. The campaign - which runs every July 4 to coincide with the American holiday it draws its name from...

  

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Northern Ireland retailers 'the worst in UK' at asking for proof of age when selling alcohol

Retailers in Northern Ireland sold alcohol to more than one in four teenage mystery shoppers last year without asking for proof of age - the worst in the UK. Some 297 alcohol sale tests were performed in pubs, bars and late night venues, supermarkets, convenience stores...

 

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Topics: irish retail news, Retail