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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Sep 20, 2017 1:49:06 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.

 

Sterling surge eases cross-border shopping concern

A surge in the value of sterling against the euro on increased speculation that a UK rate hike is looming has for the time being eased fears about the fallout of Brexit boosting cross-border shopping and disrupting the economy.

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Visa: Consumer Spending grew in August

Visa has published the latest edition of its Consumer Spending Index, revealing that Irish household spending rose by 2.5% year-on-year in August. The rate of expansion also grew from July, meaning that Irish spending has seen a year-on-year increase for the past six consecutive months.

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One fifth of Irish adults bakes once a week

Home baking continues to be popular amongst adults with 1 in 5 (20%) claiming to bake at least once a week, although there hasn’t been any increase in the proportion who are baking once a week or more when compared to research conducted in 2016 (19%).

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Online shoppers visit a website two to three times before buying

The average online shopper will visit a website between two and three times before buying, the recent Wolfgang Digital Ecommerce KPI Benchmark Study shows. The longer people stay on-site, the more likely they are to make a purchase. So quality content that hooks people in is a must if selling online, according to Fora.ie.

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Retail Excellence announces Ireland’s Top 5 Employees

The Top 5 Finalists in Retail Excellence's Rising Star of the Year and Manager of the Year Awards categories have today been named. Individuals from Dublin, Cork and beyond have been named as Retail Excellence’s Top 5 employees.

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Lidl gets permission to build new Shankill store

Lidl has been given permission to build a new store in Shankill. It will be part of a neighbourhood centre development, which will also include a Crèche, Medical Centre and cafe. The six-month project will create fifty construction jobs and thirty full-time positions once the store opens.

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Lidl arrives on Grafton Street – temporarily

Lidl has launched a pop-up store on Grafton Street in the heart of Dublin City Centre, to mark the arrival of its Esmara autumn/winter fashion range in collaboration with supermodel Heidi Klum.

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Aldi marquee back for another year at the National Ploughing Championships

The Aldi marquee is back at the National Ploughing Championships with a jam-packed line up throughout the three-day festival which takes place in Screggan, Tullamore, Co. Offaly. Entertainment will be provided by Irish country music star Mike Denver and Dancing with the Stars…

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Ballymoney retailer picks up all-Ireland award in Dublin

A Ballymoney forecourt retailer has won a major industry prize at this year’s biggest retail awards ceremony. After undergoing rigorous independent judging, SuperValu Ballymoney won the Best use of Category Management award at this year’s Ireland’s Forecourt & Convenience Retailer Awards.

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Halfords appoints Honeybee boss as new chief executive

Retailer Halfords has named the head of Dixons Carphone's software business Honeybee as its new chief executive. Graham Stapleton will start in the post on January 15, succeeding Jill McDonald, who is leaving at the end of this month to lead Marks & Spencer's fashion and homewares arm.

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Smyths Toys holding massive ten-day toy sale in all Irish stores as parents get ready for Christmas

Smyths Toys have launched a massive sale in Irish stores as parents get ready for Christmas. Shoppers can get up to 50 per cent off top toys from September 14 to 24 while stocks last.

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21 things you never knew about the Jervis Shopping Centre

Later this month, the Jervis Shopping Centre turns 21, and to celebrate, the centre's management are hosting a big birthday event on September 30. And while 21 years might not seem like a long time, the centre has already built up plenty of interesting history.

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Promotions drive up sales at Waitrose

Waitrose has revealed that its total sales in the week to 9 September climbed 6.4%, driven by its ‘Half Price Event’ and a 25% off promotion on wine. The chain also benefitted for parents buying lunchbox foods as children went back to school. Meanwhile, consumers started to buy foods usually associated with autumn.

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Topics: irish retail news, retail news