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.
SuperValu takes top Christmas spot above Dunnes Stores
The latest supermarket share figures from Kantar Worldpanel in Ireland revealed that SuperValu regained top spot as the largest supermarket over Dunnes Stores, increasing its market share to 22.8%, nudging its rival out by the slightest of margins, which was at 22.7%.
The two Irish giants were level at the beginning of December at 22.5% each.
Despite being edged into second place, Dunnes continued to perform well with Christmas sales almost 5% higher than in 2015.
Almost 4 in 10 Adults Confident Their Spending Will Increase in 2017
Almost 4 in 10 (37%) adults claim they are confident that their spending levels will increase in 2017. Recent research on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample of 1,000 adults aged 18+, sought to understand who is more likely to feel confident as we enter 2017 and which groups are less confident of their financial standing.
E-commerce accelerates, but savvy Irish shoppers look to UK for bargains
Household spending in Ireland continued to decline in the closing months of 2016, with face-to-face shopping falling as shoppers sought bargains online in the UK, according to data from Visa.
The latest data from Visa’s Irish Consumer Spending Index – which measures spend across all payment types such as cash, cheques and electronic payments – showed that spending was up 3.9pc in December over November.
Aldi Confirmed As Ireland's Fastest Growing Grocery Retail
The latest figures released yesterday by Kantar Worldpanel confirmed that Aldi Ireland experienced it's busiest Christmas ever, cementing it's position as Ireland's fastest growing retailer. In a statement issued by the retailer its year-on-year sales increased by 5.3% for the 12 week period ending 1st January, 2017.
Heavenly leads the way towards Sugarwise snack options
Baby and toddler brand Heavenly has cemented its commitment to supplying healthy low-sugar products to consumers in 2017 by becoming the first company in Ireland to be certified by pioneering low-sugar movement Sugarwise.
Heavenly, which supplies its award-winning baby and toddler snack to retailers including Tesco, SuperValu and Boots, has developed a range of healthy low-sugar snacks that were found to meet Sugarwise’s strict standards of certification regarding quality and sugar content. The results followed in-depth analysis from Cambridge University and researchers at CalTech in the USA.
Tesco consolidates number one spot in Northern Ireland
Tesco is pulling ahead of the competition to hold on to its position as Northern Ireland's most popular supermarket as its market share continues to grow.
More than a third of all food, alcohol, household, health and beauty products bought here were purchased at one of the chain's stores, according to Kantar Worldpanel.
Irish shoppers spend an extra €92m over Christmas period
Irish shoppers spent an additional €92 million on groceries over the Christmas period, 3.8 per cent more than last year, figures from Kantar Worldpanel show.
The latest Kantar figures, which cover the 12 weeks up to January 1st, also show Supervalu regaining top spot from Dunnes Stores as the Republic’s largest supermarket, with a market share of 22.8 per cent.
Slump In Sterling Affecting Irish Businesses | Checkout
Ilac Centre refurbishment commences
Hammerson and Irish Life, joint owners of the Ilac Centre, have commenced work on the redevelopment of the Centre’s Moore Mall South. Agreements have been exchanged for four of the five newly created units.
Irish whiskey exports set to soar, but lack of brands will hamper growth, warns Wild Geese
Irish whiskey exports will double by 2020, the Irish Food Board has forecast, with the segment growing its sales abroad by high single-digits in 2016.
In its 'Export Performance and Prospects' report, released earlier this week, the industry body said that Irish whiskey exports in 2016 in value terms were up by 8% year-on-year, coming in at EUR505m (US$536.5m). The IFB credited the growth to increased demand in the US, Eastern Europe and, to a lesser extent, Germany and the UK.
Irish retailers angry as State leaves them out in the cold
The State rolls out the red carpet for indigenous, export-oriented manufacturing and technology companies who come looking for assistance. Irish retailers trying to set up ecommerce sites to sell at home and abroad, however, are excluded from the party. As shopping custom flees online in the wake of Brexit, the industry wants help.
Irish stores boost sales at Primark
Discount clothing retailer Primark has reported first quarter sales growth of 11%, on a constant currency basis, with “strongly positive” like-for-like sales seen in Ireland, where the company trades as Penneys.
The sales cover the 16 weeks to January 7; effectively the first quarter of parent company Associated British Foods’ financial year.
British retailers report better-than-expected Christmas performance
Established brand names had a good season, but it is the performance of discounters Aldi and Lidl that stand out. However, John Lewis warned that its staff bonus may be lower than last year due to tougher times looming.
Figures from supermarket giants Tesco, Morrisons and Sainsbury’s and high street stalwarts Marks & Spencer showed the sector enjoyed impressive trading.
Christmas gifts and a "successful Black Friday" boost Debenhams sales
RETAIL giant Debenhams was sitting pretty after a growth surge in its beauty and gift sections boosted sales over the Christmas period.
The department store chain said group like-for-like sales rose 3.5 per cent in the 18 weeks to January 7, with non-clothing now accounting for 57 per cent of total sales.