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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Oct 21, 2015 6:22:20 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.

One In Seven Consumers Shop In Single Price Discount Stores Weekly

According to the latest Consumer Insights report from Empathy Research, just under one in every seven Irish consumers (14%) shop in single price discount stores such as Dealz or Euro Giant at least once a week, while a further 38% admitted to shopping in said stores at least once a month.

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Budget that put the jingle back into Christmas

Jingle bells are once more set to ring at Irish checkouts this Christmas following one of the most gift-wrapped Budgets in a decade.

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Retailers gear up for bumper Christmas sales

Retailers are gearing up for a busy period in the run-up to the festive season, as the consumer-friendly Budget left some money for shopping.

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Retail landlords back on top as lease terms tighten

The improvement in the economy has seen retail sales improve steadily in recent months, but conversely, leasing terms for those retailers who are seeking prime pitches in which to sell their wares are toughening up.

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Irish organic sector worth €109.5m; up 9% in 2015

The Irish organic sector, after a lacklustre five-year period, is up 9% in 2015 to €109.5m, according to Stephanie Moe, Food and Beverages Department, Bord Bia.

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Tesco launch loyalty competition will see one customer win ONE MILLION Clubcard points

Tesco is rewarding customers with the chance to win one million Clubcard points when they scan their loyalty card in store. One lucky winner will be selected to win the top prize while 149 runners-up, one for every Tesco store in Ireland, will win prizes of 10,000 Clubcard points each.

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Aldi profits dip in UK and Ireland as revenues surge

Discount retailer Aldi has made a pre-tax profit of £250.6m (€340.4m) in the UK and Ireland as it continues to increase its market share in both countries. The company’s latest accounts show profits dipped by £10m despite a £1.6bn, or 31%, surge in revenues compared to the previous year.

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Amazon to spend millions more on another Irish data centre

Internet retail giant Amazon is planning to spend tens of millions of euro on another data centre at a site in Dublin - just months after completing a facility at the same location, the Irish Independent has learned.

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Tiger burning bright with profits of €1.1m at Irish outlets last year

The Tiger retail chain in Ireland, which sells Scandinavian-style bric-a-brac, posted a €1.1m profit last year. The chain is 50pc-owned by the Danish parent behind the business - Zebra A/S - with the remainder owned by husband and wife team Niall Stringer and Gillian Maxwell.

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Topaz takeover of Esso approved by competition watchdog

The Competition and Consumer Protection Commission has approved the purchase of Esso Ireland’s fuels and convenience business in Ireland by Topaz. In making its decision, the authority directed that Topaz must dispose of three Esso service stations and also its interest in the Joint Fuels Terminal at Dublin Port.

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Maxol’s latest outlet opens doors in Dundalk

The Maxol group opened the doors to its latest service station last week, in Dundalk, Co. Louth. Maxol Mace, on the Dublin Road, bills itself as a vibrant convenience destination which includes a spacious forecourt and a Moreish cafe promoting the ‘Fresh Food at Maxol’ concept, as well as complimentary wi-fi, a 24-hour pay-at-pump facility and a drive-through car wash.

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Lidl Plans Raise Questions Over Supermarket Capacity In Dun Laoghaire Area

Planning permission has been granted for a Lidl supermarket in Dun Laoghaire, Co. Dublin, prompting a Fianna Fail councillor to call the decision 'hard to fathom'. An Bord Pleanála has granted permission for the development of a Lidl supermarket on the former site of The Deerhunter pub, as well as a nursing home and medical centre.

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I went shopping for veg and came home with a saxophone

It's hard to believe it's just 15 years since the first Lidl shop opened in Ireland. The company was founded in Germany in the 1930s as a grocery wholesaler. Its first retail store was opened in 1973. The company now operates over 10,000 shops across Europe, with 143 of these in Ireland. It is still privately owned by its founder Dieter Schwarz and his family, whose Schwarz group reported a strong 7pc increase in sales in 2014 to €79.3bn.

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McInerney’s Loughrea Ireland’s best supermarket for hygiene and food safety finalist

McInerneys SuperValu of Loughrea has beaten off stiff competition from hundreds of excellent Irish businesses in its bid to make the elite list of finalists The National Q Mark Awards, which are held annually by the Excellence Ireland Quality Association (EIQA ).

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Dublin newsagent is collectables king

The collectables know-how of well-known retailer, Joe Sweeney, owner of Newscentre in Donaghmede Shopping Centre, has led to him collecting a new award. Sweeney was named the Collectable Product Retailer of the Year at the NFRN Awards held at the Park Plaza Riverbank Hotel in London on Tuesday, 13 October 13. He received the award in recognition of the way he promotes trading cards and other collectable products.

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Malahide retail investment for €2.35m

A newly redeveloped retail building which has just been let to Boots pharmacy in the north Dublin village of Malahide is to be offered for sale as an investment through estate agent Michael Turley. Offers in excess of €2.35 million are being sought for the two-storey terraced building.

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Cork’s Blackpool Shopping Centre adds three new retailers

In a further sign that recovery in the retail sector in spreading outside of Dublin, three retailers have just joined the tenant line-up at Cork city’s Blackpool Shopping Centre and Retail Park. Discount store Dealz, technology and entertainment retailer CeX and outdoor equipment chain Trespass have all recently opened stores at the centre in advance of the busy Christmas shopping season.

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Hyundai to open ‘digital dealership’ shop in Dublin

Bouyed by the success of the Rockar franchise in the UK, Hyundai Ireland is showing a keen-ness to open Ireland’s first ‘Digital’ car dealership. The Hyundai-Rockar store in the Bluewater shopping centre, near London, has been a massive success in its first year, drawing 100,000 visitors to the physical store.

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Northern Ireland shops see rise in footfall

Footfall in Northern Ireland shops has improved slightly, despite “stubbornly” high numbers of vacancies, a new report has found. Even though the volume of shoppers in September was 0.7% lower than a year ago, it was the best result for the North since May.

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High street footfall figures boost Northern Ireland retail hopes

Even though the volume of shoppers in September was 0.7% lower than a year ago, it was the best result for the nation since May. The September figure was an improvement on the 2.4% fall in August. Good autumn weather and an additional bank holiday trading day have been cited among the main reasons for the rise.

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Budgens And Londis To Contribute £3m To Booker Full Year Profits

UK wholesaler Booker has announced in its interim results that it expects the Budgens and Londis businesses that it recently acquired from Musgrave Group to give a £3 million boost to its full year figures.

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Topics: Aldi, Esso, irish retail, irish retail news, Lidl, Mazol, Retail, retail news, Tesco, Tiger, Topaz