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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Feb 10, 2016 2:38:24 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.

Consumer spending increased in January – Visa

Following a record December, the latest figures from the Visa Europe Consumer Spending Index show that the Christmas rush was no fluke. There was no slowdown in consumer spending in January, with a year-on-year increase of 7.2% across all payment methods. With the increase of 6.5% back in December, we can see that growth is most definitely in action.

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Should Ireland follow France and ban disposal of waste food by supermarkets?

How many not-quite-past-it food items will you throw in the bin this weekend before heading straight to the supermarket to restock the fridge and every cupboard? Irish households reportedly spend about €700 million a year on food that ultimately gets dumped.

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92% of Consumers With Children Buy Ham As Part of Weekly Shop

The latest Consumer Insights survey from Empathy Research has found that more than nine out of ten (92%) Irish consumers with children buy ham as part of their weekly shop. The survey also found that more than eight out of ten (85%) of all Irish consumers purchase the pork product.

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Mobile loyalty cards to reach 3 billion by 2020; doubling over five years

More than 3 billion loyalty cards will operate as mobile-only or be integrated into mobile apps by 2020, up from 1.4 billion last year, a new study from Juniper Research has shown. The new research entitled ‘Mobile & Online Coupons: Redemption, Loyalty & Consumer Engagement 2015-2020’, found that brands and retailers are increasingly responding to consumer demand for mobile integration, with many now offering customers the opportunity to store their loyalty cards within a dedicated digital wallet.

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Retail beef sales on the slide in Ireland’s biggest market

Retail beef sales in the UK, Ireland’s largest beef export market, fell over the last three months in 2015. Citing data from the latest report from Kantar Worldpanel the Livestock and Meat Commission in Northern Ireland says there was a decline in the value of UK retail beef sales to £540m in the 12 weeks ending January 3, 2016.

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Coca-Cola The Biggest Spender On OOH Advertising In December

Coca-Cola was the biggest spender on outdoor advertising in December 2015, according to the latest Posterwatch report from PML Group. The drinks company always advertises heavily around Christmas, and this year was no exception, with its Christmas campaign accounting for approximately €450k worth of spend. PepsiCo’s 7up Free campaign was a close second, accounting for €414k worth of spend, while Cadbury’s 'Unwrap Joy' campaign was a distant third, accounting for €261k worth of spend.

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easyJet founder flies into grocery sector with food for 25p

Not content with mastering the world of budget airlines, easyJet founder, Sir Stelios Haji-Ioannou has now entered the budget grocery arena. The easyFoodstore launched yesterday in north London, with all items priced at just 25 pence each for the month of February.

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Gala Retail launches ‘Good 4 Me’ lunchtime concept

Offering choice to consumers, Good 4 Me is an exclusive lunchtime concept that’s been developed by Gala Retail, in conjunction with Ireland’s longest-established slimming and health organisation, Unislim. Part of the ‘Your Choice with Gala’ initiative which launched at the 2015 Gala Conference, Good 4 Me will offer Gala shoppers healthier lunchtime choices, and the exclusive in-store concept has now started its first phase roll-out, with an initial 20 stores.

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“Sexist pricing” – Boots moves to eliminate inequality on its shelves

It’s a well-established truth that we are living in an age of renewed focus on equality, but it’s important to remember that that doesn’t only stretch to far-reaching social issues. A push towards equality between men and women is also occurring in other areas – like retail.

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Tesco product lines slashed by 15% as it focuses on fresh food offering

Product lines at Tesco Ireland have been cut by about 15% over the last year, as the retail giant looks to simplify its product range while putting fresh food first. Andrew Yaxley, chief executive of Tesco Ireland, is reported as telling an industry conference last week that there had been “too many” product lines at Tesco Ireland.

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Tesco Ireland CEO outlines back to basics plan

Andrew Yaxley, chief executive of Tesco Ireland, told an industry conference on Tuesday it planned to remain “humble” in the Irish market, as he laid out details of measures it hopes will kick-start a return to strong growth.

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SuperValu Sutton Chooses Howth RNLI As 'Charity Of The Year'

Howth RNLI was unveiled this week as SuperValu Sutton’s Charity of the Year for 2016. A series of fundraising activities will take place in store throughout 2016 to support the work of the local lifeboat station, contributing to the training of the volunteer lifeboat crew members, the provision of lifejackets and crew kit, the maintenance of the two lifeboats and the station's running costs.

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& Other Stories announces flagship store in Ireland

Get excited Irish fashionistas as & Other Stories has announced the opening of their very first store in Ireland. Setting up shop on Dublin’s Grafton Street, the retailer is set to open in Autumn of this year. The new addition in Dublin’s fair city will be divided over three floors – giving customers the ultimate shopping experience.

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Office and retail rents in Dublin to rise by 12% this year, survey says

Prime office and retail rents in Dublin are expected to rise by about 12 per cent in 2016 while residential development land values in the capital are expected to rise by a similar amount, according to a new property survey.

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Retailers shocked by 6% hike in carriage charge by EM News

Retailers have been disappointed by news-wholesaler EM News’ decision to increase carriage charges by 6%. NFRN Ireland president Peter Steemers has spoken out against the move, stating: “Only a few weeks ago EM News assured its customers that increases would be low so its announcement has left members shell shocked.

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Olympic-sized indoor ice arena and massive extension planned for Dublin shopping centre

The plan includes an additional 22,000 sq m (236,000 sq ft) of net retail space; 1,800 car parking spaces; a major new civic plaza; and a 2,500-seat Olympic-sized indoor ice arena capable of holding "international ice skating competitions, ice hockey matches and ice entertainment performances".

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Greggs opening multiple shops across Northern Ireland officially confirmed

Commercial property agent Savills has provided confirmation that bakery giant Greggs is opening multiple outlets right across Northern Ireland.

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Topics: irish retail, irish retail news, Retail