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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Mar 15, 2017 7:08:00 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.

Majority of Irish adults use discount coupons while shopping

Just over 8 in 10 (81%) adults claim to use discount coupons while shopping in-store with 6 in 10 (60%) claiming to check what retailers have on promotion before doing their weekly household shop.

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Irish consumer spending falls in February

The latest data from Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), showed a -0.7% year-on-year fall in consumer spending, compared to a +3.9% rise in January.

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Consumers opting for online shopping over high street

Online shopping continues to outgrow traditional face-to-face transactions, according to latest data from Visa. Its Irish Consumer Spending Index shows a 0.7 per cent year-on-year fall in spending compared to a 3.9 per cent rise in January.

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Fall in last year’s consumer spending driven by leap day

The primary factor for the decline in consumer spending in Ireland last year which showed a -0.7%, is the loss of a trading day due to the Leap Day in February 2016, according to the latest data from Visa's Irish Consumer Spending Index published today (14 March).

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Dunnes Stores retains top retailer position over SuperValu

Dunnes Stores has fought off SuperValu to retain the top spot in the latest supermarket share figures — the first time it has been on top for two consecutive months. Sales at Dunnes grew by 4.6% and the retailer increased its market share to 22.9%, up from 22.5% last year, according to...

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For the first time Dunnes stores holds top spot as 'largest grocer' for consecutive month

For the first time Dunnes Stores has held its position as Ireland’s largest grocer for two consecutive months, according to the latest supermarket share figures from Kantar Worldpanel in Ireland, published today (14 March).

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Tesco Ireland welcomes Food Waste Action Group for Irish retail

Tesco Ireland has welcomed the launch of a Food Waste Action Group by the minister for communications, climate action and environment, Denis Naughten. The new action group, launched on 9 March 2017,  is an initiative meant to help Irish retailers achieve...

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Sales of Aldi’s 'healthy Eating' ranges reaches record levels in 2016

Sales of Aldi Ireland's fresh food and healthy eating ranges reached record levels in 2016, which reaffirmed its position as Irelands fastest growing supermarket, according to a statement the retailer issued today (14 March).

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LIDL get green light for Finisklin store

LIDL is to create a new store at Finisklin following the granting of planning permission by Sligo County Council this week. The large site includes land bounded by Lyons Terrace, Finisklin Road and Union Place and is just off the Inner Relief Road.

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SuperValu in Kinsale named ‘best in country’

Smith's SuperValu in Kinsale has picked up the award for best SuperValu in Ireland, scooping the ‘SuperValu Store of the Year’ title for 2017. The store beat off stiff competition from 11 other finalists to receive the much coveted accolade at the SuperValu National Conference...

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Vouchers see Dunnes customers spend €3 more per trip

Dunnes Stores has held onto its position as Ireland’s largest supermarket for the second consecutive month, as consumers bought chocolates and flowers, pushing overall grocery sales up by 3 per cent.

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BWG Foodservice predicts 2017 sales to top €100m

BWG Foodservice, the wholesale division of BWG Group, has forecast sales for 2017 will surpass €100m for the first time in the company’s history, following a significant number of nationwide supply contracts.

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Spar helps launch Players’ Healthy Eating Guide

The Football Association of Ireland has created the Players’ Healthy Eating Guide, in conjunction with Spar, to encourage children to adopt healthy eating habits. Players from the Republic of Ireland Men’s and Women’s Senior Teams got involved to help out.

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Topaz to create 40 jobs as it opens 10 new Cantina food outlets

Ireland’s largest fuel retailer Topaz is to create 40 new jobs as part of a €1 million investment that will see it opening up 10 new Cantina food outlets at its forecourts across the country. Cantina, a Mexican street food chain concept that was introduced by the group last year, currently operates...

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Applegreen unveils maiden dividend as earnings grow 11%

Petrol forecourt retailer Applegreen announced a first dividend since its 2015 flotation after delivering 11 per cent growth in earnings last year, driven by food sales and as it continued to add sites in Ireland, the UK and US.

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Fuels and food retailer Applegreen says Brexit will not slow forecourt growth

Applegreen, the forecourt fuels and food retailer, said it sees no reason to curtail expansion plans because of Brexit, as it plans to open up to 50 new sites in Ireland, the UK and the US this year. The retailer, which came to the market almost two years ago, had 243 sites at the end...

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WH Smith Ireland reports weaker profits as turnover rises

The Irish subsidiary of WH Smith, which operates bookstores at Dublin and Shannon airports, as well as a concession outlet at Arnotts department store, paid a €2.5 million dividend to its parent late last year after it recorded a 14 per cent rise in revenues.

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Fashion retailer puro launches first store in Ireland

Puro have opened their first store on Wicklow Street in Dublin today. The men's fashion store offers a range of styles that fuse both modern and urban looks. It also houses collections from world-renowned labels such as Lab Pal Zileri and Joop!

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Over a dozen Irish shopping centres changed hands last year. Here are the biggest deals

Investors spent big on Irish shopping centres last year as smaller retail units proved harder to come by, new figures have shown. According to a report from property group Savills, 21 shopping centres were traded across Ireland in 2016 at an overall price of more than €1.9 billion.

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Topics: Retail