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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Oct 19, 2016 6:37:31 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

The only way is up: Irish consumers spending rises again

Visa’s consumer spending report for the month of September, which analyses all payment types (cash, cheque and electronic payments), has revealed yet another increase in expenditure among Irish consumers. Spending increased 5.1% year-on-year, a faster rate than the previous month’s...

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Loyalty Cards Remain Popular With Irish Consumers

Supermarket loyalty cards and similar reward schemes are almost universal in their membership, with 9 in 10 (90%) Irish adults claiming to be a member of such loyalty programmes. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally...

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Visa survey shows Irish consumers embracing mobile payments

Irish consumers are embracing mobile payments, turning to their smartphone, tablet or wearable And it’s not just millennials leading the move – figures show the fastest growth rate is for people aged between 55-64 years.

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Mobile phones fuelling growth in online grocery shopping

More Irish people are grocery shopping online and many of them are doing it via their phone. According to SuperValu, traffic to their website has grown by 50% since the start of 2016. “Supervalu online shopping has seen overall traffic to its website grow by a massive 50% in 2016...

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Marketing professionals say local Irish sponsors beat international brands in summer of sport

Local, rather than global, sponsors were the big winners of this summer's major sporting events, according to a survey of Ireland's marketing professionals by consultants Onside. According to the research, AIB topped the list in terms of best overall sports sponsorship for summer 2016 through its work with the GAA.

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Highly sweetened café drinks will remain free from the 'sugar tax'

Coffee shop and dairy drinks, some of which can have as many as 25 spoons of sugar, are to escape the Government's planned sugar tax. The tax, which will come into effect in April 2018, will be imposed only on fizzy drinks with more than 5g of sugar per 100ml.

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Budget 2017: ‘Border shopping drain not tackled’

A border trader has predicted three-hour queues of southern shoppers heading for Northern Ireland after a missed opportunity budget. Dundalk is 23km from Newry in Co Down and could be hardest hit by Brexit and the plummeting value of sterling. The flow of shoppers north has...

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Pop-up shop Halloween HQ has opened 16 outlets in Ireland

Pop-up shop Halloween HQ has opened 16 outlets around Ireland in time for this year’s Halloween celebrations. Marketing itself as a one-stop-shop for all things Halloween, the growth of the brand from one Cork store in 2012 confirms the strength of the pop-up phenomenon in the retail trade.

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IGBF Hold First ‘Today’s Women In Grocery’ Networking Lunch

Leading women from the Irish Grocery industry gathered in the Westbury Hotel at the first ‘Today’s Women in Grocery’ networking lunch on Friday September 16th. The ‘Today’s Women in Grocery’ (TWIG) group was created by the Irish Grocers Benevolent Fund (IGBF) in order to provide...

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Aldi invests €1bn in Irish and UK retail sector as revenues surge

Discount supermarket giant, Aldi last year enjoyed exponential revenue growth in Ireland and the UK but pre-tax profits fell by 14.5pc to £212m (€234m). The German store continued its expansion in Ireland and the UK in 2015 and new accounts from Aldi Stores Ltd show that revenues for the...

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SuperValu relaunches its Real Rewards loyalty scheme

Irish grocery retailer SuperValu has relaunched its Real Rewards loyalty scheme in partnership with Bank of Ireland and Electric Ireland. Under the new scheme customers who link their Bank of Ireland credit cards to SuperValu’s loyalty card will earn 250 bonus points, which can be...

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Tesco stores partner with Foodcloud to donate 20,000 meals a week

It was announced today that Tesco Ireland’s innovative surplus food donations programme has redistributed over two million meals to 195 charities and support groups since its launch in July 2014. This equates to over 20,000 meals donated to causes every week.

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Tesco stores in Leitrim redistribute 24,000 meals to local charities

Local charities and groups across Leitrim have received almost 24,000 meals to date from Tesco Ireland through their surplus food donations programme run in partnership with Irish social enterprise, FoodCloud.

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Aldi has announced details of its huge toy sale later this month at 126 stores across Ireland

Santa Claus will be seriously excited about this news - one of Ireland's leading stores is releasing a selection of special toys at the end of the month. Aldi's annual Toy Specialbuys sale will take place on Thursday October 27, with a long list of special products in 126 stores across the country.

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BWG Group Seeks To Keep Growing In Ireland

Leo Crawford, Chairman of Spar Ireland and Chief Executive of BWG Group, has announced that the Group plans to increase the number of Spar outlets in Ireland over the next year. Addressing the audience at the recent Spar 'Fresh Focus' Convention, Leo Crawford said, "While challenges...

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UK retailer Asda funnels €253m of online sales to Ireland

The Irish subsidiary is used to process revenue from the sale of its groceries through all its online channels, including the Asda.com website, as well as phone and tablet applications. The 'Sunday Independent' revealed in 2014 that Asda had established the Irish unit to process payments.

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Retailers 'not cutting prices in line with fall of sterling'

Retailers have been accused of boosting their profits at the expense of consumers. The charge was made after new figures showed prices of goods and services have not fallen over the past year despite the collapse in the value of sterling.

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Rushmere shopping centre secures retailer expansion

A popular fashion retailer is expanding its presence at Craigavon's Rushmere Shopping Centre. River Island will create a new 9,000 sq ft unit which will feature womenswear and childrenswear sections.

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Northern Ireland high street shops suffering but retail centres still proving popular

Statistics published by Springboard and the Northern Ireland Retail Consortium have also revealed that Northern Ireland fared badly compared to the UK as a whole, which saw a 0.9% decline during the same period.

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Popular Northern Ireland clothing store Exhibit in administration

Popular clothing store Exhibit has gone into administration affecting around 150 jobs. The Northern Irish franchise owned by Colin Rankin, brother of celebrity chef Paul Rankin, has been operational since 1983. The affordable fashion retailer has 14 stores across Northern Ireland and two...

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Northern Irish independent sees sales rise as it celebrates 40 year milestone

Northern Irish furniture retailer CFC Interiors has reported a third successive growth in turnover as it reaches its 40th anniversary. According to its latest filed accounts for the year ended 29 February 2016, total sales grew by 10.7% to £6.2m from £5.6m in 2015.

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Topics: irish retail, irish retail news, Retail