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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jul 20, 2016 10:55:35 AM

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.

 

New research reveals local shopping habits

Wicklow shoppers love a good bargain hunt and they prefer to do it on a Saturday morning. That's according to new research carried out by Argos to celebrate its 20th anniversary in the Republic of Ireland.

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54% of Irish consumers using contactless payments

Survey results published by BOI Payment Acceptance (BOIPA) today show that 54% of debit and credit card owners use contactless payment when paying for goods and services. The survey was conducted by Amárach Research among 1,000 consumers, BOIPA—a payments technology...

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Proposals aim to stop 'asylum shopping' in Europe

The European Commission has proposed a continent-wide asylum system that aims to deter immigrants from "asylum shopping" where applicants go from one EU country to another seeking the best deal.

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Consumer prices rise for the fifth month in row - CSO

Consumer prices in Ireland rose for the fifth straight month, rising by 0.7pc in June compared to May. The latest figures released by the Central Statistics Office reveal that prices on a year to year basis were up 0.1 compared with June 2015.

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Smyth-Arnotts deal to bring major retailer to Henry Street

Arnotts is poised for a dramatic change as early as 2018 on foot of a deal struck by solicitor and developer Noel Smyth with the historic department store's owners, the Weston family-owned Selfridge Group.

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Irish And Northern Irish Retailer Groups Call For Political Leadership During Brexit Phase

Retail representative groups in both Ireland and Northern Ireland have called on governments on both sides of the Irish Sea to demonstrate strong leadership and a clear focus on jobs and business during the Brexit phase.

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How much can you save by doing your grocery shopping in Northern Ireland?

A full grocery shopping trip in Northern Ireland is around 15% cheaper than an almost identical shop in the Republic. Supermarkets across the border have long had a reputation for being significantly cheaper than their southern equivalents - and Newstalk’s Henry McKean decided...

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Savvy shoppers flock north to save 50pc by cashing in on weak sterling

As the Brexit debate continues, the gap between the pound and the euro has widened significantly in recent weeks. Yesterday, the euro was trading at 83p against sterling. But retailers in Northern Ireland said the latest trek north is "more a trickle than a flow" and there has been no major exodus from major population centres like Dublin.

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Worldwide PC sales continue to fall, led by Apple

Sales of PC continue to plummet with global shipments falling 5.2 per cent in the second quarter to 64.3 million units, according to new figures from research firm Gartner. This was the seventh consecutive quarter of shipment declines, with all regions except North America recording a drop...

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Growth In Popularity Of Discounters Continues

The popularity of Discounters shows no signs of slowing down, with three-quarters (75%) of grocery shoppers claiming to shop in a Discounter once a month or more often. However, what is maybe even more telling in regard to their popularity, is the increase in usage for both Aldi and...

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BWG Group Unveils Own Brand ATM Banking Service

BWG Group is rolling out an own-brand ATM money service for its Spar, Eurospar, Mace, Londis and XL retail brands. As well as the standard cash withdrawal function, they will also feature free account enquiries and a currency conversion service, which offers foreign card customers the...

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Steinhoff acquires Poundland in £597m deal

South African retail holding company Steinhoff will strengthen its presence in the British retail sector after agreeing a £597m (€716m) takeover of discount chain Poundland, it said yesterday. Steinhoff, which already owns the Bensons Beds and Harvey’s furniture chains...

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Iceland creates 55 jobs across Dublin and Tipperary

Frozen food retailer Iceland's expansion in Ireland may be somewhat glacial by comparison, but it's certainly ongoing, signified by the opening of two new stores this month.

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Retail chain to begin £9m rebranding of Co-op stores

UK grocery retail chain McColl's has said it will start rebranding its five new Northern Ireland properties as early as December. The convenience store chain bought over five Co-op stores here as part of a multi-million pound deal to buy nearly 300 Co-op stores.

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Northern Ireland shopper footfall declines dramatically in wake of Brexit vote

The number of people taking to the high streets, shopping centres and retail parks took a dip last month in the wake of the vote for the UK to leave the EU. Footfall decreased 2.5 per cent in June compared to the same month last year.

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