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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jun 22, 2016 5:27:08 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.

Consumers to spend an average of €185 on alcohol during Euro 2016

Research conducted by sponsorship specialists, Livewire, has shown that people are planning to increase their personal spending during the Euro 2016 tournament with an average of €185 being spent on alcohol and €85 on gambling. Good news for the off-trade sector as 90% of people...

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Summer Purchasing: What Consumers Want

A recent survey by Empathy Research has revealed that grocery shopping behaviour changes significantly at a national level across the summer, with almost 3 in 4 adults (74%) claiming they change their grocery shopping behaviour throughout the summer. According to the survey of...

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Wholesalers And Retailers Expect To Hire 11% More In Q3 2016

Employers in Ireland’s Wholesale and Retail sector expect to accelerate hiring in Q3 2016, registering an outlook of +11%, according to the latest Manpower Employment Outlook Survey. This represents an increase of six percentage points on the last quarter and a five percentage...

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Irish Shoppers Thought To Have Spent Over €200 Million On Fathers Day

Irish consumers are thought to have spent an estimated €200 million on Father's Day, according to Retail Excellence Ireland. The group says that occasions such as Mother's Day, Valentines, Christmas, Easter, Halloween and Fathers Day have all been strengthening their role as calls...

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Tesco bids to slow Aldi and Lidl expansion

The Irish arm of retail giant Tesco is attempting to slow the store expansion of German rivals Aldi and Lidl here. In recent days Tesco Ireland has lodged two planning appeals to An Bord Pleanála against decisions by local authorities giving Aldi the go-ahead for a new store at Leixlip...

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Dealz ramps up Irish expansion with 20 new stores on the way

Dealz owner Poundland is set to open up to 20 new stores in Ireland over the coming year as it says that some 300,000 Irish customers now visit its stores every week. In its annual results published on Thursday, the British discount retailer said it would open 20 to 30 net new stores...

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Aldi opens two new stores in Cork and Westmeath

Discount grocery retailer Aldi has opened two new stores – in Bandon, Co Cork and Mullingar, Co Westmeath – creating 29 jobs. Bandon marks Aldi’s 20th store in Co Cork, while the new Mullingar store is Aldi’s third in Westmeath. The new openings bring the total number of Aldi stores...

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Aldi tops the taste test at Irish Gluten-free Awards 2016

Aldi were celebrating this week after winning five prestigious titles at the Irish gluten-free awards 2016. The awards celebrate the very best in gluten-free food from across Europe. Aldi’s winning line up was as follows: Has No Gluten Free Irish White Bread (€1.89) won gold...

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SuperValu Thomastown supports Kilkenny School of Food

The Kilkenny School of Food, a community initiative led by volunteers in Thomastown, Co. Kilkenny, has had its first major success by gaining the support of the local SuperValu. Its crops, sown and harvested on site at the former boy’s national school, will now be available...

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Retailer Eason to spend €5m more on store upgrades

It will see it upgrade outlets in Waterford, Limerick, Kerry and Dublin. Eason has already spent €2m upgrading its flagship O'Connell Street outlet in the capital. Conor Whelan, the managing director of Eason, said the store's capital investment has been a key part of the retailer's...

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Owner of Zara fashion chain enjoys 6% profit growth

The owner of high street fashion chain Zara posted better-than-expected profits after growing sales across all its markets worldwide. Inditex — the world’s biggest clothing retailer — posted a 6 per cent rise in net profits to €554 million for the three months to April 30th after seeing sales...

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Danish lifestyle retailer to open third store in Ireland

It was announced this month that Danish lifestyle retailer, Sostrene Grene, are to open their third Irish store at the Blanchardstown Shopping Centre, Dublin. The retailer was founded in Denmark in 1973 and has been expanding across Europe in recent years and now has over 110 stores in...

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Blanchardstown Centre bought by private equity giant Blackstone

Blackstone has completed a deal to take over the Blanchardstown Centre in one of the biggest property deals in the history of the state. The US private equity giant is believed to have paid Green Property at €950m for the centre.

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Poundland faces possible takeover bid from Steinhoff

Poundland could face a takeover bid after South Africa's Steinhoff said it was considering making an offer for the UK discount retailer. Shares in Poundland closed 2.2% higher after surging on Monday following takeover speculation.

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