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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on May 4, 2016 5:41:50 PM

irish retail

CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. Every Wednesday we share the recent announcements. 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.

New car sales up 10% in April as recovery continues

New car registrations in April were up 10 per cent on last year, with sales of 10,408 for the month. It brings the total so far this year to 93,240, an increase of 26 per cent on the first four months of 2015.

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Euro zone retail sales fall more than expected in March

Euro zone retail sales fell more than expected in March against February as consumers cut purchases of food, drinks and tobacco, the European Union’s statistics office said on Wednesday.

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Slow car sales drag retail figures down during March

Retail sales in March fell 2.1 per cent compared with February as a result of poor car sales. New figures from the Central Statistics Office show that excluding the motor trade, sales volumes fell 0.1 per cent in the month. Sales volumes were 5.2 per cent higher on an annual basis.

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Irish retail sales post weakest growth in 7 months

Irish retail sales posted their worst performance in seven months in March, with volumes falling 2.1 percent compared with February, dragged down by weak car sales, data showed on Thursday.

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Lidl And Aldi Among Most Reputable Organisations In Ireland

Lidl and Aldi have both been named in the top ten most reputable organisations in Ireland, according to the annual Ireland RepTrak® 2016 study by The Reputations Agency, placing 5th and 7th respectively.

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Strong focus on the local defines a retail group that's busy feeding one in four Irish people

As marketing director of Musgrave Retail Partners, the retail arm of the €4.4bn Cork-headquartered Musgrave Group, Ray Kelly has possibly one of the most demanding marketing jobs in Ireland.

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Supervalu parent Musgrave posts €67.5m profit

Musgrave, the company behind Supervalu and Centra supermarkets, saw its results jump from losses in 2014 to large profits last year. The group had sales of €4.4bn and a profit before tax of €67.5m in 2015, according to company figures released this Thursday.

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Retail group to roll out new stores across Ireland creating 200 jobs

Irish retail brand XL is to open 20 new stores this year as part of its national growth strategy. The move is expected to create around 200 jobs across the country. XL, which is owned by BWG, the same company that owns Spar, Londis and Mace, has added over 100 stores here over the last four years.

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New Centra creates 25 local jobs in Limerick

A state of the art Centra store has opened its doors in Mount Kenneth on the Dock Road, Limerick. Driving local employment, 25 new jobs have been created at the new Centra which opened today.

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Topaz announces €6.5 million investment in two new stations and HR programmes

Topaz has transformed the landscape of Citywest, Co. Dublin with the launch of a brand new service station. The recent opening of the new Topaz ‘City Avenue’ station has created 18 new jobs for the local area, located at Citywest Avenue in the Citywest Business Campus.

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SuperValu, MRPI scoops Smartest Marketing Team of the Year at An Post Smart Awards

SuperValu, Musgrave Retail Partners Ireland, recently picked up ‘Smartest Marketing Team of the Year’ at An Post’s Smart Marketing Awards, held on 21 April at InterContinental Dublin.

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Government starts investigation into Clerys store sale

A new investigation has begun into the closure and sale of Clerys department store in Dublin last year which led to the immediate sacking of 460 staff. An authorised officer has been appointed by the Department of Jobs,Enterprise and Innovation to examine if the process breached the Protection of Employment Act 1977, the Sunday Business Post reported today.

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Clothing retailer Next downgrades sales guidance again

Clothing retailer Next warned that its sales could fall as much as 3.5pc this year if current trends continue, hitting profits, on concerns over a possible further slowdown in consumer spending.

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Monsoon Accessorize’s Irish unit profit down

The Irish subsidiary of retailer Monsoon Accessorize, has recorded a €2.32 million pretax loss for the year ending August 2015, versus a €1.47 million profit a year earlier.

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Blackstone goes shopping in Blanchardstown for US fund's latest move in Ireland

For most Dubliners, and those travelling from beyond the Pale, the Blanchardstown Centre is a handy place to get all your shopping done without having to cross the M50.

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Musgrave warns Brexit will cause shopping exodus to Northern Ireland

The CEO of Musgrave, the Cork-based retail group that owns SuperValu, has suggested a Brexit could fuel a cross-border shopping exodus.

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Collapse of retailer Austin Reed puts 50 Northern Ireland jobs at risk

Up to 50 jobs here are believed to be in danger after 116-year-old retailer Austin Reed collapsed into administration just a day after the failure of BHS.

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Eason launches competition to find Northern Ireland's secondary school creative writing stars

Well Eason want you to share your imagination through short stories in a creative writing competition aimed at secondary school students in Northern Ireland. The competition is open to all second level students by submitting a short story, on a subject of their choice,  by Tuesday, May 10.

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Topics: Retail