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.
Brand trust key for consumers according to Love Irish Food study
Price is no longer the key driving factor in the branded food and drink buying habits of Irish shoppers, according to new research. Trust in the brand, country of origin and local provenance are now the top priorities, according to the study commissioned by Love Irish Food.
Half Of Irish People See Pre-Packed Meals From Delis As Better Value
According to the latest Consumer Insights report from Empathy Research, almost half (46%) of Irish adults think pre-packed meals prepared by a supermarket’s deli are better quality than branded pre-packed meals found on the shelves.
Adults watch a day’s TV every week
TAM Ireland/Nielsen TV audience figures for last year show that the average Irish adult watches 3½ hours every day, or over 24 hours a week. It is two minutes more per day than in 2014. Live TV viewing as it is scheduled accounts for 90 per cent of all viewing time, with just 10 per cent time-shifted, with PVR recordings on Sky+, Virgin Horizon, VCR or DVD.
Tayto The Biggest Spender On OOH Advertising In November
Tayto's 'More Than A Crisp' campaign was the biggest spender on outdoor advertising in November 2015, according to the latest Posterwatch report from PML Group. The crisp brand's campaign accounted for approximately €306k worth of spend, well ahead of Kinder Joy, which accounted for €193k worth of spend, and Flahavan's Quick Oats, which accounted for €144k worth of spend.
Advertising spend in Ireland expected to increase by 10% in 2016
Spending on advertising in Ireland will grow by 10 per cent this year, the first double-digit growth since the recession, according to a forecast by Accenture Media Management Ireland. Television and radio will both be “lifted by a strong rising tide” in 2016, although digital will, unsurprisingly, be the fastest-growing medium...
No Irish need apply when it comes to UK online retailers
Chances are, during the holiday season you either purchased something online for yourself, or (if feeling a bit more generous) for someone else. That’s what I would have thought, anyway. Everyone I know seems to buy stuff online. But it turns out that Ireland comes in well below the average in the EU for online shopping.
Irish online shopping sees record-high spending
There has been a record increase in online shopping by Irish consumers. The December Visa Europe Irish Consumer Spending Index saw a 6.6% rise in consumer spending, which was a 16% year-on-year increase - the strongest growth in the series history.
Retail sales volumes and values higher in November
The volume of retail sales increased by 2.2% in the month of November and by 9.3% in the year to the end of that month. The latest CSO figures indicate that the value of retail sales increased by 1.6% in the month and by 5.6% in the year. When motor sales are excluded, the value of sales increased by 2% in the month and by 4.9% in the year.
Tills rang out for bumper Christmas shopping sprees despite bad weather
Retail sales figures from the CSO for November pointed to a strong Christmas period with the total value of sales up 4.8% when compared to November 2014. The volume of sales rose 9.2% over the period. The retail sectors with the largest month-on-month volume increases were electrical goods (up 13.6%), department stores (up 7.4%), and other retail sales (up 4.7%).
Retail Insolvencies See 5% Decline in 2015
Despite recording the second highest number of corporate insolvencies in 2015, the Retail sector continues to show signs of recovery, as the total number of insolvencies within the industry fell for the third year in a row.
British retailers report unexpected growth over Christmas period
There was some good news on Tuesday for Morrisons and Debenhams as both defied gloomy expectations by checking in with better-than-expected Christmas trading figures. It shows how bad things have become at Morrisons when a wafer-thin rise of 0.2 per cent is judged a triumph.
Lidl demonstrate Corporate Social Responsibility in Cork
Next Wednesday (13 January), Lidl Ireland and Bia Food Initiative will launch a structured food donation programme for Cork city and county. Every day, surplus food will be donated from participating Lidl stores in Cork and its Regional Distribution Centre in Charleville and redirected to over 55 charities working with those affected by food poverty.
Poundland shares dive as retailer feels the pain of a quieter high street
Shares in discount retailer Poundland fell more than 10pc after it warned that profits will be at the lower end of forecasts for the year, as a quiet spell on the high street took the shine off sales growth from its newly acquired 99p Stores.
DIY surge boosts sales at Grafton's Woodie's retail arm
Grafton Group has said it noted a positive performance from its Irish operations in the second half of last year, with its merchanting business continuing to perform strongly and its Woodie’s DIY retail arm benefiting from a pick-up in consumer confidence and spending.
Maxol Castletroy retailers raise €2,300 for Make-a-Wish foundation
Times have been busy for Maxol Castletroy in Co. Limerick recently, with a new-look forecourt launch following extensive refurbishment, as well as staff working hard to raise funds for Maxol’s official charity partner the Make-a-Wish foundation in a special day of fun just before Christmas.
Analyst: Sainsbury's Has 'No Intent' In Building Irish Presence Through Home Retail Bid
A leading analyst has told Retail Intelligence that despite Sainsbury's launching a bid to takeover Home Retail Group, which incorporates Argos and Homebase, the retailer has currently no interest in developing a Republic of Ireland business.
The List: Ireland's 30 best independent boutiques
From the best of Irish design to the most covetable high-end labels, these stores have it all.