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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Oct 28, 2015 2:22:06 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.

Resurgence in retail sales reported

There has been a resurgence in retail sales, according to new figures published by Retail Excellence Ireland. The figures show that sales in the three months to the end of September across 4,000 stores in Ireland topped €3.3bn, some 5.5% more than in the same period last year.

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Boom brewing as retail sales on the rise

It might not be the heady days of the Celtic Tiger, but latest figures from Retail Excellence Ireland (REI) show the retail sector has experienced the largest growth since 2007. In the third quarter of this year, sales across 4,000 stores topped €3.3bn — some 5.5% more than in the same period in 2014.

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Latest Kantar figures show growth as Christmas looms

With the all-important Christmas shopping season set to kick off any day now, the latest supermarket share figures from Kantal Worldpanel (12 weeks ending 11th October) show a year-on-year growth in sales of 2.1% across Ireland’s grocery market.

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Irish Grocery Market Posts Best Performance In Five Years

Lidl was the best performer in the Irish supermarket industry in the 12 week period to 11 October, according to the latest supermarket share figures from Kantar Worldpanel. The discounter increased its sales by 9.8% and also improved its market share to 8.8% in the period. Each basket in Lidl contained on average two additional items when compared with the same period last year, Kantar said.

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87% of Irish people think they eat healthily, research says otherwise

A recent study by Bord Bia has found that almost nine out of 10 (87%) Irish people regard their diet as fairly or very healthy. Bord Bia’s biennial PERIscope study has been exploring consumer attitudes towards topics such as eating at home, cooking, local food, sustainability and health and wellbeing.

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CBRE report analyses shopping centre visitors’ food and beverage habits

A new report published by CBRE analysing Food & Beverage habits among consumers in shopping centres has revealed some interesting and useful insights for retailers and other researchers. The report, which surveyed 22 markets and 22,000 customers – 1,000 of them Irish – aimed to provide an overview of how shoppers perceive the food and beverage offering within shopping centres and how this compares with the other locations surveyed.

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Two Fifths Take Food And Beverage Options Into Consideration When Choosing Shopping Centres

New research from CBRE has found that almost two-fifths of those surveyed (37%) said that food and beverage is 'very important' or 'extremely important' when they are deciding which shopping centre they will visit.

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Irish shopping site Opsh launches in the UK

Irish online shopping platform Opsh has launched in the UK. Having established a strong customer base in Ireland, the fashion site has set it’s sights across the pond and have said they’re ready to take over the UK market.

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Amazon to take Ireland spend past €1bn with new data centre

Internet retail giant Amazon is planning yet another massive data centre in Dublin in a move that could propel its expected total capital expenditure on such projects here to as much as €1bn, the Irish Independent understands.

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Black Friday set to attract estimated €109 million spend

An estimated €109 million will be spent on Black Friday, up 31% on last year according to a new research by ecommerce partner Webloyalty (www.webloyalty.ie) in conjunction with retail research experts Conlumino. The research which examines spending and shopping trends for Black Friday and Cyber Monday finds that the occasion made popular in the United States, is now a firm date in the Irish retail calendar.

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Revenue warns Christmas shoppers to be aware of tax implications of shopping online

Shoppers searching for a bargain online ahead of the Christmas rush have been warned to keep on top of taxes and other charges — and to not try and dodge the rules.

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US import Black Monday will boost retail sales – but at a cost

There's an argument for saying that we, as a nation, are becoming more Americanised year by year, with Black Friday the latest shopping phenomenon to reach the island.

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Aldi to create 400 new jobs in Ireland

Aldi Ireland is to recruit 400 new staff and raise its minimum pay rate to €11.50 an hour, equivalent to the living- wage threshold. The move comes on foot of what the retailer said was sustained sales growth and store expansion in the Republic.

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Lidl and Aldi going strong

The latest supermarket share figures from Kantar Worldpanel in Ireland show a year-on-year increase in sales of 9.8% and 4.5% for Lidl and Aldi, respectively. For both retailers, the strongest source of growth has been customers filling their baskets higher – each basket in Lidl contained on average two additional items when compared with last year, while Aldi’s baskets saw an increase of one item.

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Dunnes experiences largest growth among Irish supermarkets

Dunnes Stores experienced the largest growth of any Irish supermarket in the last three months, increasing its sales by 4.7% and bringing the retailer’s current market share to 23.2%.

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Tesco's Clubcard Leads The Way In Loyalty Race

According to the latest Consumer Insights study by Empathy Research, Tesco’s Clubcard is the most popular supermarket loyalty programme, with more than 8 out of 10 (87%) respondents that are signed up to supermarket loyalty card schemes currently registered with it.

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Keohane: Tesco Didn't Respond Quickly Enough To Impact Of Recession

Former Tesco Ireland chief executive Tony Keohane has said that he believes the retailer did not respond quickly enough to the impact of the economic crash back in 2008. In an interview in the Sunday Independent, Keohane said that Tesco "thought we'd get out of [the downturn] very quickly", adding that it saw the situation as being "serious, but not long-term. Perhaps the company was both distracted and consoled by that."

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Aéropostale Announce Their First European Store Will Open In Ireland Tomorrow

Abercrombie & Fitch, Hollister and Aéropostale are the brands that Irish students like to wear in Autumn to rub in the fact that they've been working in the States for the summer. A&F have been in Dublin for a while now but another one of the oversized-hoodie, board shorts-selling stores is opening in Ireland tomorrow (October 22).

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Dunnes planning for revamped flagship Belfast store

Dunnes Stores is planning a major revamp of an outlet at the Abbey Centre near Belfast, with the intention of creating a new flagship premises in Northern Ireland.

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M&S introduces Flavours of the World range for Irish shoppers

Remember when Tayto crisps and Fairy Liquid appeared in M&S and how we all wondered what was up? Now the selection of goods on offer is growing again as the retailer integrates items from its Flavours of the World range to shelves in its Irish stores.

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New-look Spar in Clonakilty sees €250,000 investment

Spar Clonakilty has officially launched its new-look store following a €250,000 investment supported by BWG Foods, facilitating the complete refurbishment of its retail premises, and creating 15 new jobs locally.

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Taste of Success winner takes €100,000 prize

Spoiler alert! Mayo woman Joanne Clarke was declared the winner of The Taste of Success on RTÉ One on Tuesday night, scooping €100,000 - one of the biggest prizes in Irish television - in what was a personal as well as financial triumph.

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UFC star Conor McGregor has sparked a craze for three-piece suits - Retail boss

Retail Excellence Ireland chief executive David Fitzsimons said Conor McGregor has had a huge influence on a new surge in menswear sales. Menswear sales have risen by 12.4pc. Three-piece suits are now more popular than ever, he said, and suit specialists such as Louis Copeland have identified Conor McGregor as an influence for Irish men when it comes to style.

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Rapid rise in private sector rents a major threat to retail growth and competitiveness

The on-going debate surrounding the rapid increase in private sector residential rents in Dublin and other major urban areas has so far focused heavily on the surging homeless numbers and the effects on the most marginalised in society.

Topics: Aldi, Dunnes, irish retail news, irish retailers, M&S, Retail, retail news, Spar, Tesco