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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Feb 4, 2015 4:32:41 PM

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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.

 

Retail sales volumes increased by 5.1% last year

Retail sales volumes rose by 0.5 per cent last month and were up 5.1 per cent on an annual basis, new figures from the Central Statistics Office (CSO) show. If motor trade figures are excluded, there was a 1.9 per cent rise in the volume of retail sales in December and a 4.8 per cent jump in the annual figure.

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54% Believe Large Supermarkets 'Seek To Drive Smaller Stores Out Of Business'

The latest Consumer Insights survey from Empathy Research has found that more than half (54%) of Irish consumers believe large supermarkets set their pricing strategies to 'deliberately drive smaller stores out of business'.

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Recession-hit Ireland is still a nation of shopaholics

Recession-hit Ireland is still a nation of shopaholics, it has been revealed. As the economy looks to recover, 75% of people said they spend €100 a month on clothes while 16% splash out €300 on the latest styles. The survey by gift card group One4all also found Amy Huberman has the most enviable wardrobe.

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Davy increases Irish economic growth forecast

Irish stockbroker Davy has raised its forecasts for Irish economic growth for this year and next on the back of continued strong exports and an uptick in domestic consumer demand. Davy also believes the rate of unemployment will drop to 7 per cent by 2017.

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Consumers are still hesitant about making mobile ecommerce transactions despite surge in traffic

Mobile traffic on Irish ecommerce sites may have surged 52 per cent last year, but consumers remain relatively hesitant to make transactions on mobile devices. The sturdy desktop still “punches above its weight” when it comes to purchases, says Alan Coleman, chief executive of marketing agency Wolfgang Digital.

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The cheap - and pricey - cities for your groceries

You could pay twice as much for your French stick in Montreal as you would in Dublin. Meanwhile, a Mars bar is twice as expensive Down Under as it is in Dublin. These are some of the findings of a survey by this paper of grocery prices in five cities across the world. We checked the prices of a number of popular groceries in major supermarkets in Dublin, London, Paris, Sydney and Montreal early last week.

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SuperValu doing the most to support Irish producers, say retail executives

Two-thirds of retail executives feel SuperValu is doing more than any other supermarket in supporting Irish producers. Close to 200 delegates at the annual Checkout Conference, which comprises top-level executives from the retail and consumer goods sectors, were asked, “Which supermarket do you think puts their money where their mouth is, and actively supports Irish producers the most?”

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Londis reveals new look private label range

Londis has unveiled the Group’s new look private label range of products that will launch in all stores in the coming weeks. The complete redesign of the Londis private label range brings greater coherence and consistency to close to 200 own-brand products with a new identity across the entire range.

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Centra's sales up 3pc to €1.5bn in 2014

Centra said today that it recorded retail sales of over €1.5bn in 2014, up 3pc over the previous year. The convenience retailer also revealed that it will add 380 jobs to the network in 2015, with 16 new stores are set to open this year. Last year, Centra retailers invested €7m in store openings and refurbishment, adding 25,000 sq ft to the network.

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Centra Looking To Healthier Options To Spur Future Growth

Convenience brand Centra will roll out a range of in-store 'healthier options' this year in a bid to seek differentiation from its competitors, Musgrave has announced. The new strategy will "make it easier for shoppers to pick up healthy options at any time of the day", Martin Kelleher, Centra managing director, told the Centra Conference in Killarney.

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Retail.... No supermarket closures for Tesco Ireland

The supermarket has now informed the stores that will see their shutters come down for good. The closures will affect at least 2,000 staff across England, Wales and Northern Ireland. However, a spokeswoman said Ireland was not affected.

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Medicines on sale in ‘sweet-free’ area of Tesco shop

The area - usually designated for healthy snacks like nuts, seeds and dried fruits - contained packets of paracetemol-containing medication including packets of Panadol, Disprin, Lemsip and Anadin. Customers raised concern with the tablets being displayed under the “sweet-free check-out” banner at the Tesco in Ringsend in Dublin.

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Nolan's Sees Profits Increase Last Year

Independent supermarket Nolan's of Clontarf saw its profits rise to €1.29 million last year, up from €1.05 million a year earlier, according to accounts just filed. Accounts filed for Nolans Supermarkets Limited, for the year to 30 June 2014, said that the retailer, on Dublin's Vernon Avenue, "has maintained excellent profitability levels in a challenging sector."

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Tesco Mobile Ireland reports 40% increase in customers

Tesco Mobile Ireland said its customer base rose by more than 40 per cent last year. The mobile virtual network operator (MVNO), which is a joint venture between retail giant Tesco and Three, said it started 2015 with 300,000 customers, giving it a 5.9 per cent market share.

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Tesco to close three NI stores with the loss of 167 jobs

Tesco has said it is to close two superstores in Belfast as well as a smaller express store in Ballymena as part of a major restructuring that will see 43 unprofitable stores across the UK shut down.

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Topics: irish retail, irish retail news, Retail