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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Dec 1, 2016 7:01:30 PM

irish retail

CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. 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.

National Retail Supplier Awards Honour Ireland's Best Suppliers

Leading product and service providers to the retail sector were honoured at the second annual Checkout National Retail Supplier Awards, which took place 25 November, at the Radisson Blu Golden Lane, Dublin 8.

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Almost 2 in 3 shoppers prefer self-service checkouts

When it comes to shoppers’ preferences for paying for basket-sized grocery shopping, almost 2 in 3 (64%) shoppers prefer to use self-service checkouts over cashier checkouts. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample...

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Majority of those aged 18-24 check their phone overnight

Almost nine out of every ten adults in Ireland now has access to a smartphone. A new survey has also found that nearly three quarters of those aged 18-24 check their phone in the middle of the night.

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Phone use in Ireland above EU average

Irish people are one of the biggest users of smartphones in the world, at 13% above the EU average. According to Google’s Consumer Barometer, 78% of us now use a smartphone. This is separate to the 97% who use any type of mobile phone, basic or otherwise.

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Retail growth slows as OECD trims outlook for Irish economy

New CSO figures suggest the Brexit-driven sterling slump is finally affecting the pace of growth in retail sales here, as the Organisation for Economic Co-operation and Development (OECD) think tank trimmed its outlook for the Irish economy.

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One in 10 Irish people claim they begin buying Christmas gifts in September

Almost half of Irish adults feel happier this Christmas than last, it has been revealed. It’s meant to be the most wonderful time of the year and 43% of people are finding this festive season even more joyful when compared to 12 months ago.

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Virtual shopping will take over in next 30 years

High street retailers could be a thing of the past by 2050 as virtual reality takes over the way we shop, experts predict. The only time we can expect to be asked “are you being served?” is when interacting with an artificially intelligent app.

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Irish shoppers are breaking for the border - but is it worth the trip?

Thousands of people are set to travel across the Northern Irish border for shopping trips in the run-up to Christmas. Northern retails say the post-Brexit fluctuations in the Sterling rate has boosted the number of shoppers visiting from the Republic by as much as 60% - and it is...

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Irish online shoppers keen to exploit exchange rate opportunities

Online shopping has become the norm for Irish shoppers with 63% of people using the online store of an internet-only retailer within the last 12 months, according to new research published today by Barclays Bank Ireland.

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Irish online retailers set to face sterling competition

Despite rising to a 10 week high sterling is still trading poorly versus the euro, allowing those spending euro an advantage in the UK marketplace. Similarly to shoppers physically shopping in Northern Ireland and the mainland UK the online UK market place is also seeing a significant...

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Irish retailers missing substantial online opportunity warns Virgin Media

With Black Friday underway, Irish retailers are losing out on a potential €4.5 billion in online consumer spending each year according to research carried out on behalf of Virgin Media by Amárach. Irish consumers currently spend €7.5 billion online every year but Irish retailers’ share...

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OLIVER MANGAN: Euro’s fall to 85 pence will provide relief to retailers

Last week’s CSO data on the Irish labour market for the third quarter of the year was stronger than expected. Robust growth in employment continued, despite the challenge to the economy of the uncertainty of Brexit and despite the sharp fall of sterling this year.

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Ireland wants the EU to make shopping online as cheap as the rest of Europe

Jobs Minister Mary Mitchell O’Connor has called on the EU to tackle “unfair” geo-blocking. Mary Mitchell-O’Connor was in Brussels yesterday saying that the practice had to be tackled at EU level.

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Weak pound will see nearly half of shoppers cash in on UK sites

Nearly half of Irish consumers are planning on taking advantage of weak sterling by buying from British online retailers, new research has shown. Cyber Monday may be over, but online sales are set to continue in the run up to Christmas.

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Cyber Monday offers €53m boost to embattled retailers

Cyber Monday - the busiest online sales day of the year - is predicted to boost Irish retailers' coffers to the tune of €53m. The annual online sales splurge that traditionally takes place tomorrow is the online equivalent of Black Friday, the biggest shopping day of the year in the US.

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Cyber Monday is an 'opportunity' for retailers

Cyber Monday is an opportunity for Irish retailers to 'seize the moment' and reverse a trend of consumer spending going to international retailers, experts have said. Irish retailers are losing out on €4.5bn annually, according to research carried out by Amarach for Virgin Media.

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Irish retailers eye Black Friday sales of €100m

Retailers around the country today took part in the one-day sales event known as Black Friday. Sales were predicted to be 68% higher today when compared to a normal Friday, with more than €100m expected to be spent during the day.

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Black Friday sales 68% higher than normal weekend - XSellco

New research shows that Irish based retailers' sales were 68% higher on Black Friday compared to a normal Friday, while sales on Cyber Monday were 25% higher. Ecommerce software company XSellco reviewed the sales trends of 1,200 Amazon retailers from last year to help its...

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An Post predicts 40% increase in online shopping tomorrow

An Post is forecasting a 40% increase in our online shopping with Britain as Black Friday approaches. The postal service believes that Irish shoppers are not only making the most of the bargains to be found online tomorrow but also the sterling/euro exchange rate post-Brexit.

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Irish retailers face threats and opportunities on Black Friday

Thousands of consumers will begin their Christmas shopping today. Black Friday has hit Irish retailers - with bargain hunters able to avail of huge discounts thanks to the day of sales which began in the US. It's expected that €100m will be spent by shoppers in Ireland today in store...

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Black Friday: Irish shoppers look online following sterling fall

The post-Brexit collapse in sterling is likely to see a massive surge in people shopping on UK-based websites as Black Friday dawns. While many traditional retailers will be gearing themselves up for a dramatic increase in footfall over the course of the day, most deals are likely to be done...

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Will Black Friday drive another nail into the coffin of Irish retail?

It is Black Friday and across the world – well, in the US especially – people who yesterday gave thanks for everything they have, will today want more. But will Black Friday and next week’s Cyber Monday sound a death knell for retailers who aren’t online?

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Survey: Almost half of Irish consumers plan to ignore Black Friday sales

Almost half (47%) of Irish consumers are not planning on shopping on Black Friday today, according to a new survey. The iReach Insights nationally representative survey of 1,001 adults also found that 27% of us are planning on shopping today and 26% of us don’t know.

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Supervalu launch Christmas Charity Food Appeal

SuperValu has today launched their annual nationwide Christmas Charity Food Appeal. The Charity Food Appeal is held in association with St Vincent De Paul, The Simon Community and The Lions Club.

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Lidl and Aldi to hold prices in Republic despite sterling slide

Discounters signal no rises in State despite UK price increases after currency slippage. Shoppers in the Republic will not be affected by the decision of Aldi and Lidl to raise the price of basic groceries in the UK due to the post-Brexit sterling collapse.

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New Aldi store creates 25 new jobs

Aldi has further increased its presence in Co. Dublin with the opening of its latest store in Swords, generating 25 new jobs. The new Swords store is Aldi’s 19th store in Dublin, bringing the total number of Aldi stores in Ireland to 128.

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Musgrave steps in to bankroll Abrakebabra fast food group

Musgrave - the Cork-based retail group that controls the SuperValu and Centra chains - has stepped in to help bankroll Abrakebabra, taking a charge over assets belonging to the fast food group.

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Dunnes Stores announce partnership with Artisan Butcher

A fifth generation family butcher is celebrating a partnership with Dunnes Stores which is the first significant collaboration of its type between an artisan producer and a retailer of this size. The collaboration between James Whelan Butchers (JWB) and Dunnes Stores is said to be the...

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Dealz Longford contributes to €200,000 milestone in aid of Make-A-Wish

Ireland’s leading discount retailer Dealz celebrated five years of trading in Ireland last week. Since opening in September 2011 Dealz will have successfully launched 56 stores nationwide in Ireland including Longford over the five years, creating over 1,100 Irish jobs.

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Discount retailer Dealz to open two new Irish stores

Discount retailer Dealz is to open two new stores in Bandon and Killarney, creating 55 jobs. Dealz now has 56 stores nationwide, and recently celebrated its fifth year of trading in Ireland. It opened its first store here back in September 2011.

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Lidl becomes first major food retailer in Northern Ireland to increase living wage

Lidl claims it will become the first major food retailer in Northern Ireland to commit to paying the increased Living Wage of £8.45 per hour (plus supplements) to staff. The move will benefit the 19 per cent of staff earning the current wage of £8.25 per hour and the measure will be introduced...

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Topics: Retail