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Retail At A Glance

Retail At A Glance

Posted by Gillian Farrell on Jan 4, 2017 4:31:19 PM

irish retail

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.

Easter Eggs on sale in stores all over Ireland… just 102 days before Easter

Shoppers have been left shocked as stores such as Tesco fill their shelves with chocolate eggs despite still having Christmas selection boxes on sale

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Britvic - Ballygowan maker expands in Brazil with €63m deal

Soft drinks manufacturer Britvic has announced it will acquire Brazilian firm Bela Ischia Alimentos in a deal worth around €63m

The deal is the latest example of Britvic's ambition to expand its international operations in the area of concentrates and juices.

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Brexit hit Northern Ireland commercial deals 'to bounce back in 2017'

Brexit contributed to a 40% slump in Northern Ireland investment commercial property deals, it's been claimed.

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Next braced for 'tougher times' after poor festive performance

HIGH street giant Next says it is bracing for "tougher times" in 2017 as it warned over sales and profits after a worse-than-expected festive performance.

The fashion and homewares giant said sales in the 54 days to December 24 fell 0.4 per cent, defying hopes of a fourth quarter turnaround, while it posted a 7 per cent plunge in end-of-season clearance sales.

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25% GROWTH IN SUPER-PREMIUM ALCOHOL SALES OVER CHRISTMAS PERIOD

Super-premium wines and spirits have shown an unprecedented rise in sales over the 2016 Christmas period, according to Dalcassian Wines & Spirits, one of Ireland’s largest drinks distributors.

The report shows a 25% rise in the sale of super premium brands but indicates the wider alcohol market remains static.

The company distributes over 100 wine and spirits brands to restaurants, bars and the off-trade in Ireland. They recorded a 20% increase in total turnover over the Christmas period, which Managing Director John Dillon says is down to the growth in premium and above wine and spirit products.

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Online shopping marches on as 59pc of Irish make web purchase

THE growth of digital shopping across the EU continues unabated with an ever-increasing number of people now shopping online, according to a recent survey from Eurostat.

Two thirds of internet users made an online purchase in 2016, according to the data.

However, the percentages differ vastly across the continent, with 87pc of internet users in the UK making online purchases, compared to just 18pc in Romania.

Ireland was above the overall EU average of 55pc when it came to shopping online. Some 59pc of Irish people surveyed said they made a remote purchase in the 12 months to December 2016.

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2016 a bumper year for new shops in Belfast but still 'room for more'

Northern Ireland saw a flood of brands setting up shop here in 2016, but there is "still plenty of room" for "golden opportunities" and further new retailers in 2017, it's been claimed.

The region saw a raft of food stores and clothing brands opening up in the province for the first time, including low-cost pie firm Greggs and cake shop Patisserie Valerie.

Along with lifestyle retailer Oliver Bonas, they were marking their first footprint on the island of Ireland by opening in Northern Ireland.

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Musgrave Group’s SuperValu Wins Agri-Food Innovation Award

The retailer was awarded the Agri-Food Innovation Award at the recent UTV/Business Eye Awards, held at the Waterfront Hall in Belfast, Northern Ireland.

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Microsoft Corporation (NASDAQ:MSFT) Planning To Launch Its New Surface Pro 5 2-in-1 In Q1 of 2017

Microsoft Corporation attempts to attain leading position in street, Shares price changes as it -1.21% to close at $62.14 with the total traded volume of 25.51 Million shares. Microsoft (MSFT) declared that it is planning to launch its new Surface Pro 5 2-in-1 in the first quarter of 2017 which will feature an Ultra HD display and magnetic charging stylus, with Pegatron Technology to manufacture the device, according to a Chinese-language Economic Daily News (EDN) report.

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Topics: irish retail, irish retailers, irish retailers news, Retail, retail news