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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jul 22, 2015 5:39:11 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.

 

Furniture and homewares lead retail sales comeback

Homeware and furniture are leading the way, as the retail sector continues to increase sales, according to the latest industry data.

Average sales in the industry rose by almost 5 per cent in the second quarter to the end of June, according to new figures from lobby group Retail Excellence Ireland (REI).

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Bord Bia Study Finds Price More Important Than Brand Names

67% of consumers now believe that price is more important to them than brand names, compared to 58% in 2010, according to a new Bord Bia study.

In addition, consumers are taking extra care when making purchases, with 72% of people increasingly likely to spend time researching a product before making a purchase (up from 67% in 2010).

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Half Of Irish Consumers Think Lunchtime Meal Deals Offer Value For Money

The latest Consumer Insights from Empathy Research has found that half of Irish consumers think lunchtime meal deals offer good value for money.

The survey of 1,011 Irish adults found that younger age groups appear to be more of this opinion than older age groups; 18-24 years (66%), 25-34 years (57%), 35-44 years (55%), 45-54 years (55%) and 55+ years (35%).

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Retail SMEs Slightly More Optimistic, ISME Study Finds

SMEs in the retail sector are slightly more optimistic about their economic landscape, according to the latest Quarterly Business Trends Survey from ISME.

The study found that in Q2, the sector reported a decrease across 8 out of 10 economic indicators, which is a decline on the first quarter of the year. However, these figures are an improvement on Q4 2014, indicating that the sector is starting to see improvements.

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HB Was The Biggest Spender On OOH In June

HB's 'Goodbye Serious' campaign was the biggest spender on outdoor advertising in June, according to the latest Posterwatch report from PML Group.

The ice cream brand continued its summer push by accounting for approximately €425k worth of spend, ahead of Coca Cola, which accounted for €411k worth of spend, and 7Up Free, which accounted for €354k worth of spend.

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TV3 and Aldi seeking diners for 'The Restaurant'

TV3 and Aldi have launched this year’s ‘The Restaurant’ with a call for diners to take part in the new series. The six-week series, which is moving to the Courtyard Bar & Grill in Donnybrook from the Wineport Lodge in Co Westmeath, will go into production next month and air on TV3 in the New Year.

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Tesco Ireland chairman Tony Keohane steps down

Tesco Ireland confirmed to ShelfLife this afternoon that the company’s chairman has retired from his post. Tony Keohane, who had been with Tesco for 37 years, joined Quinnsworth as a management trainee in 1978 and was appointed to the Quinnsworth Board in 1995, before being made part of the Tesco board of directors in 1997

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Over half of Irish people believe things are going well financially

A new Bord Bia study, entitled ‘The Irish Consumer 2015’, focused on consumer sentiment and outlook in Ireland shows that today`s consumer is empowered, self-reliant and seeking life balance. The results of the study, undertaken in conjunction with The Futures Company, were presented this morning to 100 representatives from Irish food and drink companies at Bord Bia headquarters in Dublin.

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Aldi sparks price war as it offers school uniforms for less than €5.50

The school holidays have barely begun and already budget retailer Aldi has kicked off a new uniform price war, offering a full school outfit for less than €5.50.

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Irish giant Dunnes aims to double UK stores in ambitious expansion plan

Irish fashion, food and home retailer Dunnes is seeking up to 40 UK stores amid ambitious plans to more than double its presence here. Dunnes is talking to property agents in a bid to expand its fledgling British business, Retail Week understands.

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Aldi gets build approval despite farmers protest

Aldi has received the green light to extend its retail operations in Ireland, despite opposition from a group of north Clare farmers. This follows Clare County Council giving the German retail giant the go-ahead for an outlet in the north Clare market and heritage town of Ennistymon. The farmers had been frustrating Aldi’s efforts, arising from their anger that Clare Marts Ltd has sold the old Ennistymon mart site to Aldi.

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Northern Ireland commercial property returns beating leading European cities

Income returns from commercial property in Northern Ireland are among the highest in the UK, a new report has shown. And alongside recovering capital values, it makes the region one of the most attractive markets for investors, according to MSCI's first publicly released Northern IrelandInvestment Review.

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Northern Ireland high streets and shopping centres hit by drop in footfall

Northern Ireland's high streets have suffered a massive slump in shopper numbers, according to the latest figures released today. Footfall numbers in June were 3.5% lower than the same time a year ago, according to retail analysts Springboard and the Northern Ireland Retail Consortium.

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Topics: irish retail, irish retail news, Retail