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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Dec 7, 2016 6:47:23 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 Consumers Set To Spend €4.2 Billion This Christmas

The latest Christmas Retail Monitor from Irish retail representative group Retail Ireland has found that Irish retail sales are likely to top €4.2 billion this Christmas. The report predicts an increase of 3.7% in consumer spending this December compared to last year, with total sales of €4.21 billion...

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The cost of Christmas: Irish households will spend an extra €720 in December

Irish households will spend an average of €2,587 this December - approximately €720 more than any other month of the year, according to a report from a retail group published today. The figure is a €26 increase on the average spend for Christmas 2015, Retail Ireland says.

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Irish households to spend an average of over €2,500 on Christmas

Irish people are going to spend some €720 more in December than any other month of the year. That is according to Retail Ireland, the IBEC group that represents the retail sector. It has published its Christmas Retail Monitor 2016, which predicts the Irish household will spend an...

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Third Of Consumers Plan Special 'Christmas Shop'

A third (33%) of all grocery shoppers claim they will conduct a dedicated Christmas shop this year, with the remainder of shoppers using a mixture of stockpiling (19%) and adding additional items to their usual grocery shopping (48%) to prepare for Christmas.

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One in four Irish consumers will shop in UK for Christmas

A staggering one in four consumers is planning to leave Ireland for Christmas shopping - with Northern Ireland and the UK top destinations. The weak sterling is considered a top reason for 12% planning a drive to Northern Ireland and another 5% hopping on a flight or ferry to England.

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Why December 8 is a huge shopping day for Ireland

It's a day where the whole of Ireland normally comes to Dublin to get the last few bits ahead of Santa's visit. And December 8 has become a traditional shopping day in Ireland. The so-called 'Culchie Shopping Day' emerged for a number of reasons - mostly because it's a holy day..

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Irish consumer spending continues to weaken

The rate of growth in consumer spending in Ireland slowed for the second month running in November according to the latest data from Visa's Irish Consumer Spending Index. Expenditure across all payment types (cash, cheques and electronic payments) increased +3.9% ...

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Shop outlets start taking payment by smartphone

Tens of thousands of smartphone users can from today pay for goods and services in certain shops and in apps by using their devices, following the launch of Google's Android Pay in Ireland. The contactless mobile payments system will initially be offered to holders of Mastercard...

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Amazon have just launched its first walk-in store - and it's an absolute game changer

In a development that will have supermarket checkout staff up and down the land fearing for the future of their jobs, Amazon have offered the world a glimpse of its new queue-less, checkout-less shop.

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SuperValu scoop two Retail Excellence Ireland Awards

Congratulations to Smith’s Supervalu, Kinsale Road and Scally’s SuperValu, Clonakilty on winning two Retail Excellence Ireland Awards. A fantastic result for all involved! We’re over the moon to announce that Smith’s Supervalu, Kinsale Road were crowned Supermarket of the Year 2017...

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Tesco cuts sugar in own-brand drinks by 20%

Supermarket chains and retailers have been urged to follow Tesco’s example by providing and promoting lower-sugar soft drinks on their shelves. The message from obesity expert Professor Donal O’Shea follows the chain’s completion of a five-year plan to reduce the sugar content in...

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Tesco Food Appeal collects €3,700 worth of food donations

Tesco Ireland’s annual two day food appeal held in Tesco Ballinamore and Carrick on Shannon stores in partnership with the Lions Club and FoodCloud collected over €3,700 for families in need. Over €170,000 worth of food donations was collected by the Lions Club and FoodCloud...

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Aldi to create 400 jobs in 20 stores in €100m expansion

German discount retailer Aldi has announced it is to open 20 stores across the country over the next three years, creating 400 jobs in the process. The €100m expansion programme will initially see stores opening in Ennistymon, Co Clare; Trim, Co Meath; and Leixlip, Co Kildare in early 2017.

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New Swords Aldi brings 25 jobs

A total of 25 new jobs in the retail sector have been created in Swords with the opening of a brand new Aldi store in Seatown. The new Aldi store brings to 19, the number of outlets the German retail giant now has in Dublin alone and is the 128th Aldi store to open in Ireland since the...

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BWG completes €23m investment for 2016 with new facility

BWG Group, which owns the Spar convenience store chain in Ireland, will complete a €23m capital investment programme for 2016 with the opening of a new cash-and-carry facility in Dundalk, Co Louth this week.

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Asda serves up new soup deal with Avondale

Lurgan company Avondale Foods has launched a new range of single-serve soups at Asda. The deal will see its Just For You soups stocked in all of the retailer’s Northern Ireland stores. The introduction of the individually portioned soup range builds on Avondale Food’s existing...

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Supermarket backs charity and education causes in Laois

Local charities and community groups in Laois have received over 3,000 meals through Aldi’s partnership with FoodCloud. The discount supermarket has also announced that that the Portlaoise based Kolbe Special School is the latest charity to benefit from Aldi's new community...

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Topaz to roll out healthy options as it aims to innovate in the forecourt convenience sector

With a turnover in excess of €3bn a year, 438 petrol stations around the country and 2,000 staff, Topaz is Ireland's largest forecourt and convenience retailer. With a 35pc market share, it also operates one of the largest commercial fuel businesses, supplying competitors as well as the...

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Penneys opens 37th store in Ireland at Liffey Valley

Penneys has opened a new 53,900 square foot store in Liffey Valley, its 37th shop in Ireland. The store opening is part of a new €26 million investment in the shopping centre. The new store, the 323rd one to be opened by Penneys/Primark worldwide, covers three floors.

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Ikea reports 15% sales rise at single Irish store in Ballymun

Sales growth slowed slightly at the Irish arm of homewares group Ikea last year ahead of the opening of its second Irish store. Figures published on Wednesday by the Swedish retailer said the company saw sales at its Irish business rise to €152.5 million in the year to the end of August.

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Retail property rents to grow between 7% – 10% over next 2 years

A new report from property consultants, Savills Ireland has found that retail property rents are entering a phase of slower growth. Nonetheless increases of between 7 and 10% are predicted over the next 2 years.

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McColl's posts 1.9% boost in sales following expansion

Retail chain McColl's, which has bought five Co-operative shops in Northern Ireland, notched up its sixth year in a row of rising sales as it hit its target for 1,000 convenience stores across the UK. The group posted a 1.9% rise in sales over the year to November 27 thanks to expansion...

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