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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Mar 2, 2016 5:15:42 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.

Sharp rise in car sales boost January retail figures

Retail sales jumped 10.3 per cent in the year to January on the back of a sharp increase in the numbers of cars sold in Ireland. New figures from the Central Statistics Office show that while sales volumes reached double figures, they were only up by 6.4 per cent if motor trade-related sales are excluded.

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Slight Growth Seen In Food, Beverages & Tobacco Sales In January

The latest CSO Retail Sales Index figures for January 2016 indicate a slight increase in value sales in the Food, Beverages & Tobacco category (+1.1%) compared to the same period last year. Value sales were down 1.2% on a month-to-month basis.

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How much is the average Irish person planning to spend on Mother's Day?

Almost one-third of us are planning to splash out €30-€50 on a present for our mums this Mother’s Day, a new study has revealed. The survey of more than 1,000 Irish adults was released today by One4all and 80% of people rated their mammy as the best they know.

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Pet Owners Look For Value When Purchasing From Pet Food Category

The latest Consumer Insights report from Empathy Research has found that Irish pet owners are more likely to look for value when shopping for Pet Food, but are willing to trade up when it comes to Pet Treats and Accessories.

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From coupons to convenience foods: 10 trends every Irish retailer needs to know to make an impact in a competitive industry

It's a busy time for Irish retail, with an ongoing battle for the top spot. In the last 12 months alone the leading grocer has changed four times, with SuperValu overtaking Tesco once again at Christmas. For those in the sector, there are 10 key trends they should be aware of if they want in on the action.

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SuperValu boss keeps his eyes on the prize

Supervalu is Ireland's biggest supermarket chain, with a quarter of the market. Their 2015 sales topped €2.6bn. But lurking in the shadows are German discounters, an economic recovery that is patchy at best, and new rules which make buying from Irish suppliers more complicated. SuperValu managing director Martin Kelleher walked Sarah McCabe through the Supervalu in Glanmire, Co Cork, to explain what he is doing to keep the tills ringing.

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Dunnes records highest beer sales, followed by SuperValu and Tesco: Reep

Extensive new research into the beer sector by Reep reveals the extent to which beer brand sales vary at each retailer and consumers' preference for in-house beers at Lidl and Aldi

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Lidl opens multi-million euro store in Ballina town centre

LIDL Ireland celebrated the opening of its new store in Ballina yesterday (February 25) following five months of construction. Representing a multi-million euro investment by the retailer, the state-of-the-art building measures nearly 24,000 square feet and stands eight and a half metres high.

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BWG Foods Unveils €8 Million Londis Store Redevelopment Plan

BWG Foods has announced details of an €8 million Londis store redevelopment plan, which will see 17 stores across Ireland receive complete upgrades in 2016. A further 23 stores will introduce new deli and coffee offerings as part of the plan.

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Daybreak partners with Irish Heart Foundation

Daybreak, Ireland’s fastest growing convenience group, has announced the Irish Heart Foundation as its official Charity of the Year for 2016. The Irish Heart Foundation is the national charity fighting heart disease and stroke and is 92% funded by public donations.

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Home Retail completes Homebase sale but battle for Argos continues

Home Retail Group has completed the £340m sale of Homebase to Australian group Wesfarmers after 99.3% of its shareholders backed the deal. The acquisition, which was first revealed back in December, was unanimously approved at a general meeting last week, paving the way for the takeover to be completed at the weekend.

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Union demands to know whether Dunnes Stores is for sale

Mandate, the main union at the chain, said rumours about a possible sale had created "unnecessary anxiety" among staff. A letter sent this week by the union's assistant general secretary Gerry Light asked about a possible "operational restructuring". Mr Light said the letter followed some "strange goings-on" at stores, including the removal of emblems and the changing of long-standing delivery schedules.

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Athlone’s Golden Island shopping centre sold by Tesco to Credit Suisse for €43.5m

Swiss bank Credit Suisse has purchased the Golden Island shopping centre in Athlone for €43.5 million. The investment will be held by one of a number of real estate funds managed by the bank. The 20-year-old centre is producing a rental income of €3.1 million which will give the new owners an attractive return of 7.42 per cent.

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Topics: Daybreak, Dunnes, irish retail, irish retail news, Retail, retail news, Tesco