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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jun 29, 2016 5:14:19 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.

Strong retail sales growth in first five months of the year

Retail sales were up 0.7% in the month in May and were 8.1% higher in the year in volume terms as against a revised annual increase of 5.2% (+5.1%) in April according to the latest headline official retail sales data from the CSO.

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Analysts warn on potential shock as retail sales surge

Soaring sales of hardware and cars and furniture and lighting — the sectors worst hit during the long years of the financial crisis — were the best performers of the 13 retail business groups in May, but analysts said following the Brexit vote that further strong growth cannot be taken...

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Retail sales up 8.1% in year to May

Retail sales rose by 8.1 per cent in the 12 months to May, driven by strong increases in sales of hardware, books and clothes. However there are fears that the impact of Brexit and the return of cross border trading due to the slump in sterling will slow sales growth.

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Weaker sterling will make cross-Border shopping attractive

For the Irish consumer, Britain’s decision to opt out of the EU is likely to have profound consequences for travel, health, cross-border shopping trips and even the prices on supermarket shelves.

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'Significant concerns' for retailers

Retailers here face a hit, including from a rise in cross border shopping in the wake of Britain's decision to leave the EU, experts have warned.

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Retail sales growth continues, but Brexit poses real threat

Retail Ireland, the Ibec group that represents the retail sector, today welcomed the continued growth in retail sales as evidenced by the May sales numbers released by the CSO this morning. However, retailers cautioned that this strong momentum should not be taken for granted and...

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Food Academy retail sales set to top €25M in 2016

Sales from companies supported by the Food Academy programme are expected to top €25 million in 2016 it was announced today. The Food Academy Programme is a partnership initiative between SuperValu, Bord Bia and the Local Enterprise Offices (LEO) Network, and works with...

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Best shops in Ireland 2016: This is pop-up

Is the pop-up shop a smart way to test the retail market? We talk to some success stories. The pop-up shop is a retail concept that allows enterprising individuals to try their idea out to see how it might go down with the public before committing to a long lease or an edgy location.

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Online sales and new store openings boost Boots’ Ireland division

UK beauty retailer Boots has reported strong sales for its Ireland business in the 17-month period to August 2015 as revenue hit EURO453.2m and operating profit reached EURO24.3m, thanks to strong online sales and new store openings.

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Tesco posts another quarter of sales growth in Ireland

Tesco's sales in Ireland edged 0.3pc higher during the first quarter on a like-for-like basis, mirroring the retailer's performance in the UK. It described the performance in Ireland as "positive", adding that it continues to make further investment in price reductions across core food lines.

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Lidl to launch 25 new craft beers and ciders

Following an increase in demand for craft beer and the well-received launch of its own-brand range of ‘Crafty Brewing Company’ craft beers, Lidl is planning to launch an additional 25 new craft beers and ciders into its network of 146 Irish stores.

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Debenhams' sales slide 1.6% amid difficult trading conditions

Department store chain Debenhams, which has five stores in Northern Ireland, revealed falling sales as it said demand for clothes had been weak amid "uncertain trading conditions". The group posted a 1.6% fall in like-for-like sales for the 15 weeks to June 11 with currency movements...

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Arnotts strikes retail deal with British chain John Lewis

John Lewis, the British department store chain, will dip its toe into the Irish retail market later this year in a partnership deal with Arnotts. In October Arnotts will open a John Lewis section spanning two floors of its Henry Street, Dublin 1 store, with about 2,000 sq ft of retail space.

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H&M, Debenhams illustrate high street pressures on clothing retailers

Two big retailers have laid bare just how bad the clothing market really is. Hennes & Mauritz (H&M), the Swedish fast-fashion chain that operates stores throughout Europe and the US, suffered its weakest sales growth in three years in the second quarter.

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Sports retailer buoyed by sales rise

A sports retailer with operations across Northern Ireland has posted a rise in both sales and profit. Belfast-headquartered Life Style Sports (NI) is part of the wider Life Style Sports group but only covers Northern Ireland, where it has four stores.

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