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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jul 27, 2016 3:29:17 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.

Irish grocery shoppers putting healthier foods into their shopping trolleys, research shows

Two thirds of Irish grocery shoppers are buyers healthier foods than they did last year, research shows. The food study reveals that almost half of shoppers check the ingredients on packaging before they put it into their trolleys.

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You won't be paying for your shopping with your phone anytime soon

Despite the hype surrounding them when they were first launched, the new methods of contactless payments are taking their time rolling out. You have three major players in the market: Apple Pay, Samsung Pay and Android Pay.

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Retail sales growth rate flat for second quarter

Retail sales for the second quarter paint a concerning picture as industry growth rates continue to flatline according to Retail Excellence Ireland. According to a report they carried out with Grant Thornton, some sectors performed well, whilst others experienced like for like declines.

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Retail sales flat in the second quarter as consumer confidence erodes

Retailers continued to experience difficult trading conditions during the second quarter with industry growth rates remaining flat, new figures show. The latest Grant Thornton/Retail Excellence Ireland (REI) retail productivity review shows some sectors got a boost in late May and early...

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Brexit impacting Irish economic confidence - BoI survey

Brexit is already having an impact on economic confidence in Ireland according to the latest Economic Pulse survey from Bank of Ireland. The survey, which covers July, shows businesses and households are more pessimistic about their financial situations following the vote.

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More than half of Irish consumers now using contactless

More than half of Irish debit and credit card owners (54%) are using contactless payments when purchasing goods and services, research released by payment technology provider BOI Payment Acceptance (BOIPA) reveals, with the average contactless payment standing at €11.33...

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Off-Trade Sees Drop As Customers Drink Less At Home

There has been a 6% year-on-year drop in the frequency of off-trade alcohol consumption amongst Irish adults. This drop results from just over 1 in 5 (21%) of alcohol drinkers claiming they are drinking less frequently at home, against 15% claiming to be drinking more frequently at home.

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DIGI Calls For 15% Reduction In Excise On Alcohol

The Drinks Industry Group of Ireland (DIGI) has called for a 15% reduction in excise on alcohol in its pre-budget submission. The submission urges the Government to ‘take control’ of domestic determinants, that can support economic growth and enterprise development after the Brexit vote.

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Deadline approaching for compliance with Grocery Regulations

The Consumer Protection Act 2007 (Grocery Goods Undertakings) Regulations 2016 (the “Grocery Regulations”) came into force in Ireland in April 2016. Grocery goods retailers and wholesalers that are subject to the regulations have until 29 July 2016 to comply with certain...

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Tesco Finest Likely To Be 'Materially Re-engineered And Re-profiled'

Clive Black of Shore Capital Stockbrokers has said that he expects Tesco's 'Finest' private label range to be "materially re-engineered and re-profiled" as part of chief executive Dave Lewis' strategy to simplify the Tesco offering.

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Aldi offers kids an easy way to land Dory

Finding Dory will be released in Ireland on July 29 and Aldi are going all out with merchandise from the flick. While the filmmakers may be pleased with the supermarket for spreading the word, they may have a few reservations about some of their accompanying offers.

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Live Well: Centra reveals increase in health-consciousness

We have all become more health conscious in recent years, and to back up the anecdotal evidence this week Centra has revealed research showing a shift in shopper behaviour. Over the past 12 months, according to Centra’s research conducted by Red C, two-thirds of adults admit...

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Londis customers could be a TV star for the day!

Much-loved TV chef and food writer, Catherine Fulvio, will return to our screens in November with a brand new format food and travel TV series called ‘Tastes like Home’, which is being sponsored by Londis.

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Debenhams set to emerge from Examinership

Department store operator Debenhams Retail Ireland Limited (DRIL) is understood to have largely resolved differences with landlords, clearing the way for the business to emerge from Examinership unopposed.

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Primark continues US expansion with two new stores

Primark, the Dublin-headquartered retailer that trades in Ireland as Penneys, has continued its expansion in the US with the opening of two more stores. The retailer, which opened its first store Stateside last year, this week opened stores in New Jersey and Pennsylvania.

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Galway firm Dubarry set for further expansion in UK

Irish shoe maker Dubarry could soon make the majority if its income from the UK, after opening its second British store in Cheltenham. With one store in Ireland and two in Britain, the majority of the company's retail business is now in Britain which already accounted for 43pc of sales.

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Liffey Valley shopping centre up for sale in deal worth €598m

Real estate group Hines is planning to sell The Liffey Valley shopping centre in a deal worth €598m ($660m). Grosvenor Group and HSBC Alternative Investments are also part-owners of the west-Dublin based mall and have engaged Eastdil Secured to broker a sale.

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