www.blog.cpmire.com
www.cpmire.com

News & insights

Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 20, 2016 5:15:27 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.

Supermarkets Most Popular Destination For Alcohol Purchases

Supermarkets are the most popular outlet for purchasing alcohol products, according to the latest Consumer Insights report from Empathy Research. According to the survey, 73% of consumers cited supermarkets as a typical outlet for purchasing alcohol products. Just over two-fifths of...

READ THE FULL STORY

 

Lidl’s Irish sales ‘significantly’ greater than €1bn

Lidl’s sales in Ireland are “significantly more” than €1 billion, according to John Paul Scally, the company’s managing director. Lidl does not file accounts and has never previously detailed its revenues here.

READ THE FULL STORY

 

Lidl sourced €539m of Irish produce in 2015, report says

German retailer Lidl sourced €539m worth of Irish food and drink last year, according to a report prepared for the chain by DKM Economic Consultants. Lidl, which entered the Irish market in 2000, now has 147 stores here and has invested €1.4bn in the market. It has earmarked €110m in...

READ THE FULL STORY

 

Over one-third of under 34s don’t cook from scratch: SuperValu Home Truths II report

The second annual SuperValu Home Truths II Report contains some encouraging and convincing evidence that, as a nation we really believe in the benefits of cooking from scratch, with virtually everyone saying that it gives them control over what is purchased, cooked and eaten.

READ THE FULL STORY

 

Debenhams chief Michael Sharp to step down as profit rises 5.5%

Last October, Mr Sharp said he planned to step down as CEO in 2016, after 30 years at Debenhams and its predecessor, the Burton Group. Debenhams, which trails John Lewis by annual sales, said Mr Sharp submitted his resignation to the board yesterday, triggering a...

READ THE FULL STORY

 

Dealz Plans 20 New Openings In Ireland In FY 2016/17

Outgoing Poundland chief executive Jim McCarthy has told analysts that the retailer plans to open "around 20" new Dealz outlets in Ireland in its current financial year, out of a total of 40 net new stores across Ireland and the UK.

READ THE FULL STORY

 

Poundland still on track to meet profit expectations despite the discount retailer seeing a fall in like-for-like sales

Discount retailer Poundland promised investors that annual pretax profits will be 'broadly' in line with expectations despite a fall in its like-for-like sales which sent its shares 4 per cent lower today. the company cited 'difficult market conditions' on the high street as the reason behind a...

READ THE FULL STORY

 

One Irish supermarket hailed for 'autism friendly' initiative

Scally's Supervalu in Clonakilty, Co Cork has taken steps to make its shopping environment every Tuesday between 7pm and 9pm. The supermarket creates an atmosphere to reduce the amount of sensory stimulation taking place every Tuesday night between 7pm and 9pm.

READ THE FULL STORY

 

Aldi sponsors Irish Cancer Society’s 5K ‘Colour Dash’ run

Ireland’s favourite 5K event is back as the Irish Cancer Society recently launched Colour Dash, sponsored by Aldi Ireland. Colour Dash, which has returned following popular demand, is ready to welcome ‘dashers’ of all ages and fitness levels and is now taking place in four locations across the country.

READ THE FULL STORY

 

Tesco shares fall as CEO warns of profit hurdle

Shares in UK retailer Tesco tumbled over 5pc yesterday morning after chief executive Dave Lewis warned that the embattled group probably won't meet analyst estimates for profits this financial year.

READ THE FULL STORY

 

Tesco Outlnes Details Of Compensation Package To Affected Workers

Following the announcement on Friday that Mandate trade union workers at Tesco have voted in favour of industrial action, the retailer has revealed details of a compensation package it is offering to affected workers.

READ THE FULL STORY

 

Maxol plans to acquire three further service stations in Leinster

Maxol’s expansion in the Greater Dublin area continues with the signing of an Asset Purchase Agreement with Topaz, to acquire three of the latter’s service stations. The sites are located on the Naas Road in Kildare, Greenhills in Dublin 12 and at the junction of Naas Road and Long Mile Road, also in Dublin 12. A mergers notification has been submitted to the Competition and Consumer Protection Commission.

READ THE FULL STORY

 

Ann Summers back in black as recovery boosts lingerie sales

Accounts show retail chain on the rebound as it opens fourth Irish store. Turnover at the main Irish subsidiary of Ann Summers, which operates four so-called pleasure emporiums in Ireland, bounced back into profit in the 12 months to the end of June 2015, newly-filed accounts show.

READ THE FULL STORY

 

Burberry reports weaker-than-expected sales and cautions on earnings

Burberry Group reported weaker-than-expected sales and predicted earnings this year at the low end of estimates, sending its stock down the most in six months and capping a dismal week for the luxury-goods industry.

READ THE FULL STORY

 

When shopping a little for yourself can help a lot

The fundraiser takes place at Dundrum Town Centre on Friday April 29, Saturday April 30 and Sunday May 1. This is the third year of the campaign at Dundrum, Ireland's largest shopping centre and the concept centres on customers buying Shop for Good coupons at €1 each from...

READ THE FULL STORY

 

Footfall on Northern Ireland high street falls by 1.5%

Footfall on Northern Ireland's high streets dropped even further as spring failed to bounce life back into the retail sector. The figures collected by the Northern Ireland Retail Consortium showed footfall was down by 1.5% year-on-year for the five weeks between February 28 and April 2.

READ THE FULL STORY

 

Troubled Dobbies to be sold as Tesco returns to profit

Despite the retailer turning the corner, one expert said it still faced challenges that could result in further store closure across Great Britain and Northern Ireland. While Tesco saw its market share in Northern Ireland shrink slightly in the past few months - partly due to the rise of discounters...

READ THE FULL STORY

 

B&Q to close Craigavon store early with loss of around 50 jobs

DIY giant B&Q is shutting its Craigavon store this weekend - resulting in the loss of around 50 jobs - more than six months ahead of schedule, it can be revealed. The chain confirmed last year that it will shut five stores here, more than half its Northern Ireland network, resulting in the loss of up to 300 jobs.

READ THE FULL STORY

Topics: Retail