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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on May 18, 2016 5:52:21 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.

Brexit could hit Irish retail recovery and consumer confidence

The Brexit is the most immediate and significant threat to the Irish retail recovery and consumer confidence according to Retail Ireland, the Ibec group that represents the retail sector. The organisation has warned of a sharp rise in cross border shopping if a vote to leave further...

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An Irish supermarket is doing something brilliant for autistic shoppers

Autism can make some aspects of daily life difficult, which is why a SuperValu in Palmerstown in Dublin have decided to create a more autism-friendly space for those who find shopping stressful.

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Taxes On Sugar-Sweetened Drinks Are “Ineffective” And “Regressive”, Says FDII

Food and Drink Industry Ireland (FDII) has criticized the proposal in the Programme for Government to introduce a tax on sugar-sweetened drinks, with FDII Director Paul Kelly calling such taxes "ineffective, regressive in nature and purely fiscal with no health benefit."

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Deli Usage Has Declined By 28% In Last 6 Months

Walk into the majority of supermarkets and convenience stores in the country and you’ll more often than not see a delicatessen counter in one form or another. Given the deli's standing as an almost omnipresent fixture, it’s easy to infer its importance to retailers.

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Analyst Says Irish Whiskey Sector Could See Boost From Brexit

Trade analyst John Whelan has claimed that a Brexit could bring a boost in trade to the Irish whiskey sector, helping it to hit its target of doubling exports much sooner than its 2020 deadline.

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Expansion costs drive HMV Ireland into red

Expansion costs drove the Irish business of entertainment retail firm HMV into the red last year, as it recorded a pre-tax loss of €144,000. The company opened two new stores, in Dublin and Galway, during the 12 months to the end of January 2015, the period for which its latest...

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'Dismay' at refusal for Lidl Connswater expansion

Traders at Connswater Shopping Centre have said they are dismayed at planners after they refused Lidl permission to expand their store at the nearby retail park. The budget grocer - which already operates from the Connswater park - wants to relocate to a larger unit.

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Lidl Ireland not affected by UK recall of products which contain ingredients not labelled in English

Lidl Ireland is not affected by a recall in the UK where it asked customers to return three separate products. The supermarket's UK stores are recalling Bavarian Style Smoked Cheese with Ham, Bread Baking Mix and Milk Chocolate with Hazelnuts because they contain wheat, rye...

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Aldi leads the market when it comes to Bord Bia approved Irish meat

The latest survey of fresh meat in supermarkets has shown that Aldi sells the highest proportion of fresh Irish meat labelled with the Bord Bia Quality Assurance Mark.

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Loyal Tesco staff should not fall victim to price promotions

Tesco is in the wars over its drive to cut the pay and conditions of long-serving staff. At a time when business lobby Ibec is making forceful arguments against “draconian” new employment laws, Tesco’s move merits examination.

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Tesco boss in line for €3.7m bonus after supermarket returns to the black

The figures, revealed in the supermarket's annual report, also show that the supermarket's chief financial officer, Alan Stewart, pocketed £2.5m, which includes a bonus of £1.6m.

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New boss at Tesco mobile phone unit

Ireland's fourth-largest mobile operator has replaced its overall Irish boss. Tesco Mobile has appointed Tadhg Dolly as general manager following the departure of Elaine Russell, who led the company for the last three years. Dolly was formerly the company's e-commerce manager...

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Profits fall at Holland & Barrett

Expansion costs at the Irish arm of health food retailer Holland & Barrett last year resulted in pre-tax profits falling by 19.5% to €6m.

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Interim Examiner appointed to Debenhams Retail (lreland)

The High Court has appointed an Interim Examiner to Debenhams Retail (Ireland), a wholly-owned subsidiary of Debenhams, following an application by the directors of the company. The business is now under the protection of the court, with Kieran Wallace of KPMG appointed to oversee the...

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Retail Ireland reacts to Debenhams examinership

Retail Ireland, the Ibec group that represents retailers, has said recent high profile examinerships highlight the ongoing challenge of legacy cost issues facing the sector, including boom time rents. The comments follow news that Debenhams’ Irish business was seeking the protection...

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Ikea to open second Dublin outlet this summer

Ikea is set to open its second outlet in Dublin this summer after agreeing a 10-year lease with Irish property group IPUT plc for a store in Carrickmines. The premises will be Ikea’s first Order and Collection Point here and is part of the retailer’s plan to test new concepts in the Irish market to make it more accessible to customers.

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Five things you need to know about Ikea’s new Dublin store

It’s the store we love to hate; we visit for the low prices and the choice of products, but the self-serve shopping experience can leave some of us with not just frayed nerves but damaged relationships.

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H&M shares dip as cool April weather dents sales

Shares in Swedish clothing retailer, H&M fell yesterday after the company said sales in April were hurt by unseasonably cool weather in many parts of Europe. Sales rose 5% last month at local currency rates, missing the 7.9% average estimate of analysts surveyed by SME Direkt.

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Northern Ireland's food and drink sector 'will overcome challenges for bright future'

The future for Northern Ireland's food and drink sector is bright, despite current challenges faced by the industry. Head of Ulster Bank in Northern Ireland Richard Donnan said the industry was "an incredible Northern Ireland success story" with weekly sales of around £175 million.

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Retailers must be on the tobacco sellers register: Council

Tobacco retailers operating in the Derry City and Strabane District Council area are being reminded that they must be registered to sell tobacco products under new legislation which came into effect on April 6.

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Wake-up call as figures reveal one in six of Northern Ireland's shops now lying vacant

One in six shops in Northern Ireland's towns remains vacant amid the second worst performance in retail footfall in the UK, figures showed today. The province had the highest level of shop vacancies for April in the UK with a 16.1% rate reported.

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Topics: irish retail news, Retail, retail news, retailers