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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 12, 2017 7:56:44 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. 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.

 

Good Friday alcohol sales ban to be abolished

he Government is moving to lift the 90-year-old ban on the sale of alcohol on Good Friday. Tánaiste Frances Fitzgerald is expected to signal in the coming days that she will not oppose a Bill in the Seanad calling for the restriction to be abolished.

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‘Irish grocery market slips into deflation for the first time in almost 2 years’

The Irish grocery market has slipped into deflation for the first time in almost two years, according to Kantar Worldpanel. The market reported a month-on-month decrease of 0.7%, bringing the total to -0.2%, the latest figures for the 12-week period (ending March 26) show.

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Irish groceries getting cheaper on back of weak pound

The cost of your weekly shop is getting cheaper, with figures from Kantar Worldpanel showing that the declining pound means that groceries are dropping in price for the first time since May 2015. According to Kantar Worldpanel, grocery prices fell by 0.7 percentage points in the 12...

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Ireland's favourite supermarkets revealed as grocery prices start to drop

Aldi is Ireland’s fastest growing supermarket - as new stats show Irish grocery prices have dropped for the first time in two years. The knock-on effect of Brexit and the weakened pound has seen the grocery market here slip into deflation.

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Irish firms leave offline business behind as 'Amazon effect' starts to take hold

Companies are ditching offline business as new research shows that online sales in Ireland doubled in the last two years, from 17pc to 33pc. This is expected to rise to 40pc this year, as Irish people gradually switch to online channels to shop and do business.

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Retail and hospitality profits rise but gender pay gap widens, Dáil hears

Profits in the retail and hospitality sectors have risen to more than 40 per cent above pre-crash levels while the gender pay gap has widened, the Dáil has heard.

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Mastercard expands QKR! For retailers and on-the-go consumers

Mastercard have announced that it will expand Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, to six new markets and add new functionality to eliminate the traditional bar tab at a bar, club or restaurant.

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Almost two thirds of adults believe retailers aren't making healthy food affordable enough

While there are almost daily offers in place by retailers in relation to fruit & vegetables, almost two thirds (63%) of adults believe that retailers aren’t doing enough to make healthy food more affordable to them.

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Irish consumer spend on Fairtrade products increases

Irish consumers’ expenditure on Fairtrade products jumped to €272m in 2016, an increase of 9% compared to the previous year. The ongoing recovery in the Irish economy is having a positive impact on the number, range and sales of Fairtrade products, according to Fairtrade Ireland.

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Increases in rents threaten retailers' future, claims REI

A raft of new examinerships are likely among retailers due to renewed implementation of upward-only rent reviews, according to lobby group Retail Excellence Ireland (REI). The body claims that new international landlords, as well as improved consumer sentiment, have resulted in new...

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Almost one fifth of whiskey drinkers claim increased consumption over past year

Amongst whiskey drinkers, almost 1 in 5 (17%) claim they have increased the number of times they have drunk whiskey over the past year. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample of 1,067 adults aged 18+...

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Easter 2017 opening hours for Irish supermarkets – times for Aldi, Dunnes Stores, Lidl, Marks & Spencer, Tesco and SuperValu

The Easter weekend is only around the corner – and whether it’s a Bank Holiday brunch you’re planning or need to stock up on chocolate treats – you’ll definitely be planning a visit to your local supermarket.

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SuperValu predicts €17m in sales of spring lamb this Easter

SuperValu has announced that it expects to sell €17m worth of Irish spring lamb this year, the equivalent of 225,000 lambs. The first of this new season Irish lamb is already on sale at selected SuperValu butcher counters across Ireland, just in time for Easter.

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SuperValu gains edge as grocery prices drop

SuperValu has gained an edge over its supermarket rivals just as the grocery market has slipped into deflation for the first time in two years. Data from consumer insights agency Kantar Worldpanel covering the 12 weeks to March 26 show that grocery prices fell for the first time...

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SuperValu Regains The Title Of Ireland’s Largest Grocer

SuperValu has regained the title of Ireland’s largest grocer, according to the latest Kantar Worldpanel figures. For the past two months the coveted title was held by Dunnes Stores. According to Dave Berry director at Kantar Worldpanel, "The battle to attract...

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Massive jobs boost for Ireland as SuperValu set to create almost 200 new positions

Almost 200 new jobs are set to created this year by SuperValu. The supermarket chain announced on Monday plans to announce three new stores in 2017, after recording retail sales of €2.67 billion last year.

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SuperValu made record sales of €2.67bn in 2016

SuperValu notched up sales of €2.67bn last year, a 2.4pc increase over the 2015 figure. Controlled by the Cork-based Musgrave group, SuperValu is the country's second-largest grocery retailer after Dunnes Stores.

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Good year for SuperValu; planning to open three new stores

Leading Irish grocery chain SuperValu has revealed that its sales rose 2.4% to €2.67bn last year, with plans to continue its expansion in 2017. The Musgrave-owned retailer said its focus on “fresh, quality Irish produce with a tailored, local offer in every store” continued to act as a core driver...

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Aldi set to open Ennistymon store

Aldi has announced that a new store will open on Thursday, April 20 in Ennistymon. With a shop floor spanning 1,140 m² and 80 free car parking spaces, the new store will be Aldi’s third in County Clare, the others located at Francis Street in Ennis and Ennis Road, Kilrush.

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ESM meets…. Stephen Young, Musgrave Retail Partners Ireland

Ahead of EuroShop 2017, which runs from 5 to 9 March in Düsseldorf, ESM caught up with Stephen Young, National Transport Manager at Musgrave Retail Partners Ireland, which operates the SuperValu and Centra banners in Ireland, to discuss how the business is embracing technology and positioning itself for growth.

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Iceland to create 270 jobs with 9 new stores opening in Ireland

Frozen food supermarket Iceland is set to create 270 jobs here in the next few months. The retail giant is opening nine new supermarkets across the country as part of a €12million investment. The new stores will be opened in Tallaght, Dublin, Galway, Cork (Douglas, Fermoy, Ballincollig) and...

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Tesco raises over €130,000 for Temple Street’s Great Irish Bake

Tesco colleagues and customers raised over €130,000 for Temple Street’s Great Irish Bake, last Friday 7 April, according to a statement it issued today (11 April.) Participants supported the event throughout 148 Tesco stores nationwide through baking, buying, eating and selling 'an...

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Tesco strike: sales down almost 80% in picketed stores

Stores with no pickets saw sales drop during 11-day dispute, figures suggest. Tesco Ireland saw sales across its store network fall significantly after picket lines were placed outside a small number of its shops. The dispute centred around proposed contract changes to about...

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18 of 24 stores reject Tesco Ireland strike action this week

Tesco Ireland has released a statement again calling for Mandate Trade Union to call off its 'reckless' strike action, after 18 out of 24 stores voted this week to not participate in the ongoing strike over contract disputes.

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Tesco strikers: ‘They won’t undermine us. This is not a game’

“Last night’s ballot results. Tesco Ireland 7 Mandate 1,” read the sign unevenly taped to the inside of the window of the small Tesco store in Drumcondra, Dublin on Wednesday. It referred to Tuesday night’s decision by staff in seven stores to vote against joining the picket line.

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Striking Tesco staff locked out of car park 'after access passes revoked'

Striking staff at a branch of Tesco were locked out of their regular car park today, despite having paid a yearly subscription to use it. The lockout came after shop bosses revoked their access passes in what has been deemed an escalation of the current dispute.

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Spar and Spar Express stores honoured at 17th annual 5 Star Awards ceremony

194 Spar and Spar Express stores were recently awarded one of retail’s highest honours at the annual Spar 5 Star Awards. Spar and Spar Express retailers from across Ireland attended the awards ceremony which was held at Killashee House, Co. Kildare and hosted by BWG Foods...

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Maxol creates 50 jobs with refurbishment of three former Esso sites

Maxol has created 50 jobs with the completion of three new Leinster sites. All formerly owned by Esso and acquired by Maxol last summer, the sites are located on the N7 Naas Road, Kill, Co.Kildare; Greenhills Road, Greenhills, Dublin 12 and the junction of the Naas Road...

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Eason appoints new managing director to bookseller chain

Irish-owned books and stationery retailer Eason has appointed Liam Hanly as its new managing director. Mr Hanly will take over the role in June, succeeding Conor Whelan who has decided to step down after more than 7½ years in charge of the business.

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H&M rings up €115m sales

Fashion retailer H&M had sales of almost €115m at its 23 stores in Ireland last year. The Swedish group’s Irish sales rose 7.5% in the financial year to the end of November 2016, from €106.8m the previous year, according to its annual report. H&M did not open any new stores in Ireland during...

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Primark bucks negative trend with upbeat outlook

First-half sales are expected to have increased by 11% on a yearly basis at discount clothing retailer Primark, which trades here as Penneys. Parent group Associated British Foods (ABF) said an increase in retail selling space has driven revenue at Primark, which should see sales rise...

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Easter splurge due this week after Northern Ireland shops have dismal March

Footfall in Northern Ireland's shops fell by nearly 4% during March, the second month in a row which has experienced a steep drop, according to a report today. Research company Springboard said that footfall had declined across all retail destinations - from high streets to retail parks...

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Victoria's Secret to open first Northern Ireland shop in Belfast

It's the world's best known lingerie brand - favoured by supermodels such as Heidi Klum and Tyra Banks. And now the glamour and lavish Victoria's Secret looks set to open up for the first time in Northern Ireland.

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'Challenging' outlook despite healthier turnover for Greggs

FOOD-on-the-go retailer Greggs reported rising sales and profits last year after being boosted by its healthy eating ranges, but warned over costs pressures in 2017. The sausage roll maker said like-for-like sales rose 4.2 per cent in the year to December 31, with total sales growing 7%...

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Topics: Retail