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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Oct 12, 2016 11:45:02 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

Why we enjoy shopping

For some of us shopping is a weekly event, either to purchase the much-needed groceries or the delightful shop for clothes. While not everyone enjoys shopping, there are things about shopping that even the most reluctant shopper can agree is fun.

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What to make of millennials?

Larry Ryan (right) on Ireland’s millennials versus young adults overseas. As researchers we are slightly uneasy at making generalisations about broad swathes of the population. Yet we live in an era with much classification of consumer groups.

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Home Baking Sees Rise In Popularity

Home baking is on the rise amongst Irish adults, with almost 1 in 5 (19%) claiming to bake at least once a week or more often. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample of 1,005 adults aged 18+, sought to...

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Irish Consumer Spending Up By 5.1%

According to Visa's Irish Consumer Spending Index (CSI), the rate of growth in Irish consumer spending grew by 5.1% in September. The latest increase was weaker than the average seen over the course of the last two years, with a wide divergence between the rate of expansion in...

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Budget 2017: The retail reaction

The price of a packet of cigarettes will rise by 50 cents from tonight onwards, while the tax on alcohol and fuel will remain unchanged and a sugar tax is to be introduced in April 2018. These are some of the main Budgetary measures to affect retailers and the verdicts from a number of...

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Retail Ireland: Retail under pressure as Christmas approaches

At its annual event in Dublin’s Guinnes Storehouse, Retail Ireland has warned of the immediate pressure of the Sterling collapse, which risks driving more and more consumers north of the border and online.

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Sterling plummets – but where are the savings for Irish consumers?

Sterling continued to slide early Monday morning, as fears about the impact of the UK’s exit from the European Union gather pace; but does this mean that Irish consumers are benefiting as UK retailers start to factor in the new exchange rates?

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Consumers chasing bargains on iPhones, furniture and wine

The collapse in the value of sterling is proving to be a nightmare for exporters, but the devaluation means there are huge savings to be made for consumers who buy goods priced in the UK currency.

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New retail online platform eStreet.ie launches in Cork today

A first online retail platform for Irish towns will launch in Cork today. eStreet.ie is a unique project which enables towns to trade online by pooling their resources and expertise. The website joins small Irish retailers together on one platform to a global audience.

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Book sales up by 20% as feel-good factor returns to publishing

The book trade in Ireland is booming with sales up by more than 20 per cent to date this year. Sales up to September 10th were €76.4 million, up 20.3 per cent on 2015, according to Neilsen Bookscan. The largest growth has been recorded in non-fiction and in children’s book...

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Tesco Ireland plans further investment as sales rise

Tesco Ireland has attributed a 0.2% improvement in like-for-like sales for the first half of its financial year and revenues of €1.22bn to improved customer service and product ranges, and has said it will continue to invest in its offering here.

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Caveat: Tesco tanker turns as its rivals change course

A little more than a year ago, multinational grocer Tesco wasn’t so much the giant tanker of the Irish market. Rather, it was tanking. Its sales from April to the end of September 2015 fell 3.9 per cent, a continuation of a lengthy rotten run that had knocked it off its perch as the largest grocer...

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SuperValu sweeps the board at Blas na hÉireann Awards

SuperValu, Ireland’s leading grocery retailer, won an eye-popping 103 awards at the annual Blas na hÉireann awards in Dingle, Co. Kerry, including 29 awards for its own brand products and 74 for its Food Academy producers.

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Tobin's Spar Express named Best Forecourt Retailer in Ireland for Hygiene and Food Safety

Tobin's Spar Express Letterkenny has just been named as the Best Forecourt Retailer in Ireland for Hygiene and Food Safety at this year’s National Q Mark Awards. Hailed as “The Olympians of business excellence”, the team from Tobin's SPAR Express Letterkenny received the winner’s...

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Mothercare's online sales rocket 40% with endless aisle technology

Mothercare’s online sales have soared after it trialled endless aisle technology, allowing it to accept ecommerce orders in-store. After an initial six-week trial in Ireland earlier this year, Mothercare will roll out the technology, by ebizmarts, in China.

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Forecourt Retailer Topaz To Invest €33 Million In Network

Irish forecourt retailer Topaz has announced it plans to invest a further €33 million in its retail network in 2017. The new investment is expected to create over 200 jobs. Over the past year, Topaz has invested €36.1 million in developing its Re.Store brand and upgrading...

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Northern Ireland B&Q store which was closed due to cutbacks could be opened as a new retail hub

A former B&Q store which shut its doors this year amid cutbacks across the DIY chain is being turned into a new retail hub, it can be revealed. The huge store in Craigavon closed in April this year.

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Topics: Consumer spending, irish retail, irish retail news, Retail, retail news