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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Sep 27, 2017 4:59:59 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.

 

9 out of 10 Irish adults own a smartphone with email, social media and news top three uses

Research shows checking emails, social media and searching for news and weather are the most common uses for smartphones. The iReach survey for Irish Life shows nine out of 10 adults in Ireland own a smartphone, with 28 percent admitting they check their phone all day everyday.

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Irish people are utterly addicted to smartphones as one third place on table at meal times

Irish people are utterly addicted to smartphones and are increasingly incapable of putting them away at events, according to a major new study. Over half of us refuse to disconnect at family events and a third of us now put our phones on the table for use during meal times.

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Over half of adults purchase shampoo and conditioner once a month

The purchase of shampoo and conditioner is somewhat polarising with just over half (57%) of adults claiming to purchase once a month or more often and almost 4 in 10 (38%) only buying once every 2-6 months.

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Drop in UK tourism and rise in cross border shopping could cost Ireland €130m

The 6.2% decline in British tourism in 2017 and rise in cross-border shopping could cost the Irish economy €130 million before the end of the year. This is according to a new Drinks Industry Group of Ireland (DIGI) report which says that the continued sterling slump, combined with a hard Brexit…

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SuperValu is top dog in latest grocery share figures

SuperValu retained its position as the largest supermarket in the Republic during the third quarter of the year, growing sales by 0.9 per cent year on year. The latest grocery market share figures from Kantar Worldpanel in Ireland for the 12 weeks ending September 10th show SuperValu remains…

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Tesco sales spurt puts pressure on SuperValu

Tesco saw its strongest sales growth at its Irish operations in five years in the past three months despite grocery prices continuing to fall. Latest figures — for the 12 weeks to September 10 — from consumer insights agency Kantar Worldpanel show Irish grocery price deflation eased to 0.4%...

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Tesco sees strong growth in Ireland, but SuperValu stays on top: Kantar Worldpanel

Irish retailer SuperValu has retained its position as the top supermarket in the country, according to the latest figures from Kantar Worldpanel. However, the figures for the 12 weeks ending 10 September 2017 also show that second-place Tesco experienced its strongest period of growth …

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Tesco launches ‘The Community Chill’ to help charitable groups receiving surplus food

Tesco has invited applications from charities and community groups to receive its surplus foods and refrigerators to restore them. The supermarket chain says no good food will go to waste in Tesco Ireland by 2020.

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Tesco partners with suppliers to tackle food waste

Tesco CEO Dave Lewis announced that the retailer has established partnership agreements with 24 of its largest food suppliers, with the aim of halving food waste by 2030. The suppliers, who together represent over £17 billion worth of Tesco sales, will publish food waste data for their own…

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Tesco building in Gorey offered for investment sale

A property portfolio of four supermarkets, including the Tesco store in Gorey, has gone on the market with an asking price of €49 million. The supermarkets were funded by Israeli property tycoon Igal Ahouvi during the financial crisis, and he has now decided to cash in his investment…

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Musgrave embraces digital age in stores' €11m revamp

Wholesale supplier Musgrave MarketPlace has completed a €2.5m upgrade of its Robinhood branch in Dublin, the latest step in its ongoing €11m investment plan. The company has been investing heavily to transform what was a traditional cash-and-carry business into one that serves both…

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Aldi UK & Ireland profit falls for third straight year

The UK and Irish arm of German discount supermarket Aldi reported a 17 per cent fall in 2016 operating profit on Monday, a third straight year of decline, reflecting its strategy of maintaining a price gap over larger rivals.

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Argos is already hiring for Christmas staff in Ireland - and it's got dozens of jobs to fill

Argos has already started its quest for the best Christmas workers - and it's got dozens of jobs to fill across Ireland before the busy spell kicks in. While many of us still have summer on our minds, the homewares retailer has already revealed its Christmas wishlist for 2017 along with dozens…

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Dunnes Stores on Georges Street will soon become two new restaurants

Dunnes Stores Homewares on George's Street Dublin 2, is planning to make a big change in the coming while. There are plans to convert the large store into two licensed restaurants, possibly in partnership with existing operators from the area.

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Freshly Chopped opens 30th store in Liffey Valley

It was announced today that Freshly Chopped, the healthy food company, has today opened its 30th Freshly Chopped outlet in Liffey Valley Shopping Centre. The company owned store will create 15 jobs and follows newly opened Freshly Chopped outlets in Galway, Cork, Castlebar…

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Margins at Zara fashion owner, Inditex, hit by euro

Inditex, the world’s biggest clothes retailer and owner of Zara, reported a 9% rise in first-half profit, but its gross margin, as a percentage of sales, slipped, because of a stronger euro. Inditex’s profits are sensitive to fluctuations in the currency, as it makes most of its clothes in the eurozone to…

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Fashion chain H&M to open at Poole's Dolphin Shopping Centre

Fashion chain H&M has revealed it is to open in Poole’s Dolphin Shopping Centre – but won’t say in which unit. The Swedish-based retailer announced that it would be taking on a 2,700 square metre unit in the centre, with work to begin in February 2018.

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Two Kerry retailers in Ireland’s Top 30 Stores

Two Kerry retailers have been named in Ireland’s Top 30 Stores. Garvey’s Supervalu, Tralee and Vodafone Killarney are the Kerry stores to make the list. The competition is organised by Retail Excellence, the largest retail industry representative organisation in Ireland.

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Tesco and Lidl remain fastest growing supermarkets in Northern Ireland

Latest data from Kantar Worldpanel for the year to 10 September 2017 show Tesco and Lidl continuing to outperform Sainsbury’s and Asda in a growing grocery market in Northern Ireland. Tesco continued to increase its lead with its share now standing at 35.0%.

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