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.
Savvy shoppers splashing the cash again as economic recovery gets underway
The economic recovery is underway and shoppers splashing the cash again are contributing to the boost, new figures show. Savvy spenders are giving our economy a much needed shot in the arm after significant drops in consumer confidence since the recession began in 2008.
Households spent more on restaurants, hotels and shopping last month, as consumer spending accelerated - Visa
Consumer spending on all payment types increased by just over 6pc year-on-year last month, improving on the 5.6pc increase in June, according to the latest Irish Consumer Spending Index from Visa Europe. Spending rose by close to 8pc on hotels, restaurants and bars, while shoppers also spent more on clothes and shoes, rising by 7.8pc year-on-year.
Start-up raises £201k to reinvent the shopping mall experience on Xbox
Microsoft Ventures-backed TV commerce player Von Bismark has raised £201,000 on CrowdBnk to drive its e-commerce shopping experience called The Mall, which will launch on Xbox One this Autumn.
Retailers fight Dublin City Council’s car ban plans
Retailers have asked Dublin City Council to scrap proposals to ban private cars from large parts of the city centre because they say it will have “serious implications for the future viability of city centre retailing”.
11% Of Consumers Purchase Energy Drinks Weekly
Despite over four-fifths of consumers (81%) noticing an influx of energy drinks in the market, only 11% of consumers purchase energy drinks at least once a week, according to the latest Consumer Insights survey from Empathy Research.
Aldi wins big at Great Taste Awards with 62 awards
Irish Aldi stores recently picked up 62 awards at the international 2015 Great Taste Awards, more than any other retailer in Ireland the company has announced. Aldi’s product range has now won a total of 240 Great Taste Awards in the last six years, proving Irish consumers don’t have to spend a small fortune to enjoy the very best groceries.
Tesco Ireland Enjoys 'Most Positive' Performance In Over Two Years
According to the latest supermarket share figures from Kantar Worldpanel for the 12 weeks ending 19 July, Tesco continues to hold on to its position as Ireland's number-one grocery retailer, despite its market share dipping below 25%.
Losses at SuperValu owner Musgrave Group reduced by €100m last year
The group’s main grocery arm is now toe-to-toe with Tesco in the supermarket space in Ireland, where competition for household spending has become fierce. Growth in the sector of just 1pc last year is well below the rate of growth in the wider economy.