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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jul 6, 2016 1:15:32 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.

Average Spend Per Household Increases By €27 In 2016

According to the latest supermarket share figures from Kantar Worldpanel, for the 12 week-period ending 19 June 2016, the grocery market has continued to grow with sales rising by 2.5% compared to the same period last year, thanks in part to an increase in average spend per...

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Grocery sales up, but sterling threat looms

The Irish grocery market has continued its solid growth in recent weeks, but the lure of potentially cheaper goods in the North — as sterling continues to weaken — is being viewed as a real threat. All of the major retailers increased their sales, with the exception of Tesco, where sales...

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Choice of Irish supermarket not driven by low prices

A new Global Retail-Growth Strategies Survey released today by Nielsen shows that product availability and quality are the most highly influential factors when it comes to where Irish shoppers choose to buy their groceries from.

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Irish shoppers care more about quality than low prices.. and it decides where they shop

A new survey shows that Irish shoppers care more about the availability and quality of products, not how low their prices are. According to Nielsen’s Global Retail-Growth Strategies survey, 60 per cent of those polled cite products they want regularly stocked as "highly influential" in...

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Retailers Continue To Face Challenges In Attracting Online Shoppers

Only 4% of Irish shoppers are conducting a grocery shop online once a week or more frequently, while just under 1 in 10 (9%) claim to do so once a month or more frequently. Empathy Research sought the opinions of a nationally representative sample of adults aged 18+ on behalf of Retail...

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Caveat: Brexit could get UK retailers’ tills ringing to an Irish tune

The plunge in sterling and the expected prolonged weakness of the currency means the existing Irish divisions of the big UK retailers could become sweet spots for their British parent companies. If Ireland already appeared an attractive location for UK retailing tycoons such...

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Some 40% of Irish food exporters expect sales to decline due to Brexit

Some 40 per cent of Irish food and drink exporters expect their sales to decline in the wake of Brexit, while most cited exchange rate volatility as a key risk. According to a Bord Bia survey conducted in the immediate aftermath of the UK’s shock referendum result, nearly a third...

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Retailers in south fear loss of trade to Northern Ireland following Brexit

The body that represents small and medium firms in the Republic has called for a rates rebate for retailers in the border region following the Brexit vote. The Irish Small and Medium Enterprises Association (ISME) warned of the negative effect of the sterling devaluation retailers in the border..

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SuperValu is still Ireland's most popular supermarket

The Irish grocery market is growing, with SuperValu still the most popular. According to the latest figures from industry analysts Kantar Woldpanel, the chain grew its sales by 1.4% and captured 22.6% of market share in the last 12 weeks.

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€7 million investment and 60 jobs created at SuperValu Kilcock

SuperValu is creating 60 jobs at its new store in Kilcock, Co. Kildare, which opened on Friday, 30 June. The new 12,000 square feet store, which represents a total investment of €7 million, is located in The Square, Kilcock and will be operated by local retailers Steven Nally and...

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Tesco Ireland has no plans to carry ‘fair for farmers’ price guarantee

Tesco has unveiled a new Fair For Farmers Guarantee on all of its fresh milk, designed to inform its customers of its pricing scheme for farmers. However, Tesco Ireland has said that it has no immediate plans to roll out a similar scheme in Ireland.

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Topaz rebrand of Esso network begins

Topaz has begun rebranding the Esso network, with two sites now rebranded, following the company’s recent acquisition of Esso Ireland. The two new look Topaz service stations, located in Abbey Point, Celbridge and Beechwood, Bray, were officially unveiled last week (29 June) as...

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Dixons Carphone reassured shoppers won’t stop spending after Brexit

After Brexit, there’s a second leave vote that’s worrying British retailers: Leave it on the shelf. Amid the uncertainty, fears are growing consumers will rein in spending on everything from cardigans to carpets.

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Online shopping is a boon for business but is not without issues

Most retailers benefit from a presence online but it also puts them in competition with sellers the world over. Earlier this year, it was announced that Toys R Us was closing the two outlets it had in Ireland after only six months.

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Aldi Ireland brings back range of value school uniforms - promising full school uniform for just €6

Uniform range said to be of "best value in Ireland" and can let parents buy entire uniforms from €6. Though it's still, for lack of a better word, summer in Ireland, Aldi are already thinking ahead to those doldrum months when school beckons once more.

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Debenhams moves to cut rent roll at loss-making Irish stores

The Debenhams stores for which the British-owned retailer wants court approval to repudiate its leases include Limerick, Waterford and at the Square shopping centre in Tallaght. This potentially puts these three outlets most at risk out of its overall estate of 11 stores from the ongoing...

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Northern Ireland's falling supermarket sales could be boosted by cross-border trade

Supermarket sales in Northern Ireland were squeezed over the past year - albeit by just 0.1 per cent - according to the latest figures from analysts Kantar Worldpanel. But the performance was in contrast with spending south of the border where grocery stores in the Republic benefited from...

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Topics: irish retail, irish retail news, Retail