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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Aug 3, 2017 12:09:43 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 retail sales growth excluding cars remains at one-year high

Irish annual retail sales volumes excluding a persistent Brexit-related fall in car purchases remained at their highest level in a year in June despite a sharp monthly fall in the headline index, central statistics office data showed on Friday.

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Shoppers spend at tills as grocery prices fall sharply

Irish grocery prices fell steeply helping to encourage shoppers to spend €2.34bn at the tills over recent months, according to a leading market researcher. Kantar Worldpanel Ireland said the price of its basket of 30,000 standard grocery items in the 12 weeks to mid-July dropped 0.5% from…

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Parents cutting items from back-to-school lists over costs

One in four parents will be forced to deny their children basic school items in September. The average back to-school outlay will be €1,209 per child, up from €1,185 last year, which is a 2% rise, according to a survey by the Irish League of Credit Unions.

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Irish consumers second most confident in EU about online shopping

Irish consumers are among the most confident when it comes to online shopping, a new European Commission study shows. The latest “Consumer Conditions Scoreboard” ranks consumers in Ireland in second place among EU member states for trust in online purchases. Swedish shoppers…

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Figures show Ireland's online shoppers spending 36% more than last year

People are buying more now compared to last year, according to figures released by Retail Excellence. There has been a 36% year-on-year increase in online sales through desktop and mobile devices when compared to June in 2016. The combined figure is 22% in sales across desktop…

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With the relentless rise of online, is this the end of retail as we know it?

Retailing worldwide is suffering convulsions as the industry struggles to cope with the disruption caused by internet shopping, weak sales and low confidence among consumers and investors.

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Research shows 70% of Irish people want help to eat well

Nearly 70% of those surveyed want help to eat well, according to recent research conducted by Bord Bia's Insight Centre, The Thinking House. Bord Bia’s PERIscope study, the largest quantitative study of its kind in Ireland, has been exploring consumer attitudes a wide range of food related topics…

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Sizable cohort of adults drink rosé frequently

While other types of wine may be more popular, in terms of frequency and volume of consumption, there is still a relatively sizeable cohort of adults who are drinking rosé wine with some degree of frequency. There are 1 in 7 (14%) adults who will drink rosé at least monthly and just over 1 in 5…

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Irish pet owners splashing cash for their furry loved-ones as premium pet grooming products sales soar by 163 per cent

Irish pet owners are splashing the cash to give their furry friends a purrrfect profile on social media. Sales of premium grooming products at Argos have risen by a massive 163 per cent, compared to the same period last year.

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Brexit fails to slow recovery as growth forecasts increase

The Central Bank has radically increased its forecast for economic growth this year, but warned that Brexit remains a concern in the longer term. An extra 60,000 jobs this year will push the number of people at work to 2.1 million, a number last seen a decade ago, although the overall population…

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SuperValu holds onto top spot in growing Irish grocery market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 16 July 2017, show that the market continues to grow despite deepening price deflation. The value of the grocery market rose by 2% during the past quarter compared to last year…

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Supervalu leads Irish grocery market

The latest grocery market share figures from Kantar Worldpanel in Ireland, published today for the 12 weeks ending 16 July 2017, show that the market continues to grow despite deepening price deflation. 

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New CFO for SuperValu owner Musgrave Group

Wholesale and retail company Musgrave Group has appointed a new chief financial officer, as online grocery shopping and markets such as China become an increased focus. David O’Flynn, who led Musgrave’s foray into the Chinese market this year with online shopping giant Alibaba…

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In Pictures – SuperValu roadshow with Ray Darcy and the Happy Pear visits Clonakilty

Pictured at Scally's Supervalu in Clonakilty were SuperValu ambassadors The Happy Pear Dave & Steve doing a live cooking demonstration. SuperValu’s Let’s Get Ireland Cooking campaign, the initiative which focuses on SuperValu’s commitment to ensuring that the next generation are…

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Tesco to cherish family theme in its new ads

Picture your family. Who do you see? We all see something different. But what if you were asked what they mean to you? Or how they make you feel? Our answers may be remarkably alike. Though each and every family is unique, their meaning in our lives is something we all share.

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Marks & Spencer is cutting down on packaging - here's how other supermarkets measure up

UK retailer Marks & Spencer has announced that it will reduce the packaging of its own products to cut down on waste – but other supermarkets in Ireland don’t have the same plans (at least not yet). Last week, the Guardian reported that more than 140 of Marks & Spencer’s “best-selling products”…

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Lidl announces autism-friendly “quiet evenings”

Discounter supermarket Lidl has announced plans to trial an autism-friendly initiative that will aid families with the condition. Lidl stores in Dublin, Westmeath and Monaghan will trial the initiative every Tuesday in August, whereby lighting will be dimmed, no music or announcements…

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Lidl Ireland warn customers about fake online scam that could lead to subscription fees

Lidl Ireland are warning their customers about a fake scam circulating online. The retailer alerted people through their Facebook page that their is another fake page pretending to be them. The fake page is running a competition which says you can win some great prizes which include up to €250…

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Here's the August Bank Holiday 2017 opening hours for Dunnes, Tesco, Aldi, Lidl and more major supermarkets

The August Bank Holiday weekend is almost here – and it's time to start preparing for another long weekend off work. Whether you're planning a big family gathering or a BBQ with friends to ring in the new summer season a trip to the supermarket for supplies is top of the list.

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Fifty life-saving defibrillators to be placed at Eurospar shops across Ireland

Supermarket chain Eurospar has pledged to install heart-reviving defibrillators at EVERY one of its 50 Irish stores. RTÉ’s Michael Lyster was on hand to help launch the initiative at the Radisson Blu St Helen’s Hotel in Dublin with Eurospar's managing director, Malachy Hanberry.

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Sales at Waitrose fall as hot spell comes to an end

Waitrose has revealed that cold weather foods drove many of its in-store and online purchases last week, as trading compared against the hottest week of the year in 2016. During the seven days to 22 July, the chain’s total sales were down 1.1% year-on-year. As the recent good weather made way…

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Harvey Norman's new flagship Tallaght store opens today

Harvey Norman’s new Tallaght store will open to the public later this morning, bringing 50 local jobs to the area. The new flagship store is the chain’s fifteenth across the Republic of Ireland and Northern Ireland, and is located on the Airton Road.

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Two Longford retailers in Ireland’s Top100 Stores

Two Longford businesses have been named among the Top100 Stores in Ireland by Retail Excellence, the largest retail industry representative organization in Ireland. Fabiani and Matt O’Brien Fashions of Longford have made Retail Excellence Ireland’s list of the Top100 best stores in the country.

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Ten Waterford Retailers in Ireland’s Top100 Stores

Ten Waterford businesses have been named among the Top100 Stores in Ireland by Retail Excellence, the largest retail industry representative organization in Ireland. Applegreen, Tramore, and Waterford based retailers, Ardkeen Quality Foood Store, Eyeworks Opticians, Fieldmaster…

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Profit at retail property group Hammerson boosted by Dundrum Shopping Centre revenue

Profit, including non cash valuation charges, at retail property group Hammerson plc increased by 76.7pc year on year to £287.1m (€321.8m) on the back of record leasing activity and capital growth. According to the company’s results for the six months ended 30 June 2017, rental income at the company also increased by almost 10pc year on year to £184m.

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Hammerson: Rising cost of living not hurting retail

The chief executive of the UK-headquartered shopping centre giant Hammerson has dismissed the suggestion that the record rents now being paid for housing in Dublin might have a negative impact on the performance of its Irish portfolio, even as shoppers find themselves with less and less disposable income.

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Francis' Soap Shop, the natural option for all your cosmetic needs

The recently opened Francis' Soap Shop, located in Unit 11 of Corbett Court Shopping Centre, provides a unique and refreshing brand of natural cosmetics that is steadily gaining popularity in Ireland.

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Eason sales in Northern Ireland slump by £3.5m after store closures

Sales across bookstore chain Eason's nine Northern Ireland stores have plunged by €4m (£3.58m) over the last 12 months, it has emerged. A healthy appetite for reading in Northern Ireland meant the number of books sold increased by 6% on a like-for-like basis, the Irish retailer said.

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Belfast is world's 8th fastest growing retail city

Belfast has been named as one of the fastest-growing prime retail locations in the world according to new research from CBRE. In its half-yearly report CBRE lists Belfast as the eighth fastest-growing location, after the city recorded an 8.7 per cent year-on-year increase in rents for prime retail…

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NI food processing turnover falls by £1.4m

The turnover of Northern Ireland's food and drink processing sector marginally decreased in 2016. It now stands at £4.423bn, a fall of £1.4m. The biggest drops were in sales of beef and sheep and pig meat, down £29m and £12m respectively.

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Food and drink contribute £4.42 billion to Northern Ireland economy

THE food and drinks sector's contribution to the Northern Ireland economy has fallen marginally to £4.42 billion after 15 years of unbroken growth. But the total number of direct employees in the sector rose by more than five per cent from 20,486 to 21,524 full-time employee equivalents.

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Topics: irish retail news, Retail