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.
Dublin voted fifth best shopping city in world
Readers of Conde Nast Traveller have voted Dublin in fifth place in a new poll of the planet's top 24 shopping destinations. Bustling Barcelona tops the rankings, with Philadelphia, Hong Kong and Chicago in second, third and fourth places respectively. Exactly half of the shopping destinations in the prestigious list are cities in the US, while just eight are European.
Innovation On The Agenda For Irish Businesses In 2015, Study Finds
Close to half (45%) of Irish businesses are planning to create new products and services in 2015, according to a study by innovation agency jump!. The study, which surveyed 79 businesses in Ireland (and 102 in the UK) across a broad range of industry sectors, found that 97% of Irish businesses surveyed see innovation as being important to their future success with 52% indicating that innovation will be a ‘primary focus’ in their organization.
Best Christmas for grocery market since 2010
The latest supermarket share figures from Kantar Worldpanel in Ireland, published today for the 12 weeks ending 4 January, show the best Christmas for Irish supermarkets since 2010, as sales grew by 1.1%.
Confectionery, Biscuits The ‘Most Promoted’ Categories In Run Up To Christmas
Confectionery, Biscuits and Crisps/Snacks were the ‘most promoted’ product categories in the run up to Christmas 2014, according to the latest ‘Retailer Promotional Review’, prepared for Checkout by OBK Accountants/The Food Accountants.
28% Of Irish Adults Aware Of 'More' In-Store Alcohol Merchandising Than Last Year
Over a quarter (28%) of Irish consumers think they have seen more in-store merchandising of alcohol brands this year, compared to the previous year, according to the latest Consumer Insights survey from Empathy Research.
Prepared Consumer Foods exports point to the future of Irish food industry
Prepared Consumer Foods companies have seen a 7% increase in exports between 2013 and 2014. For the first time, the sector’s performance has been captured in Bord Bia’s export figures. According to Shane Dempsey, head of the Prepared Consumer Foods Council, Ibec: “A thriving and dynamic Prepared Consumer Foods (PCF) sector is key to building sustainable domestic and international success for the Irish food industry.
International markets driving export growth, Bord Bia
A 4% increase has seen Irish food and drink exports reach a record high of almost €10.5 billion in 2014, according to Bord Bia’s Export Performance and Prospects Report, launched today (Tuesday, 13 January, 2015). Aidan Cotter, chief executive, Bord Bia outlined the background to the fifth consecutive year of export growth for the food and drink industry.
CHECKOUT CONFERENCE PREVIEW: Brands Need To Be 'Online Proof' To Compete For Attention Of Modern Shopper
A piece of research by Rabobank International has found that brands increasingly need to be 'online proof' in order to gain attention in an increasingly complex retail marketplace. The research, 'Food Companies Challenged By Online Growth Dynamics', will be presented at next week's Checkout Conference, in association with Rabobank, which takes place at the InterContinental Hotel, Dublin, next Tuesday, 27 January.
Local designers heading for 2015 Showcase Expo
Meath designers are taking part in Showcase - Ireland’s Creative Expo, which returns to the RDS from Sunday 18th January to Wednesday 21st January. Attracting more than 5,000 trade buyers from Ireland and up to 26 countries, Showcase has become a must-see event for retailers to source unique Irish design and craft products, making it the country’s largest annual trade event.
Coca-Cola The Biggest Spender On Outdoor Advertising In Dec
Coca-Cola was the biggest spender on Outdoor advertising in the month of December, according to the latest Posterwatch report from PML Group. The soft drink giant, which traditionally ramps up its media presence around the festive season, accounted for €747k worth of Outdoor spend for the period, ahead of Vodafone (which accounted for €566k worth of spend) and Cadbury (which accounted for €488k worth of spend).
Tesco retain Irish grocery market leadership
With a 25.4% market share over Christmas, Tesco have retained their leadership of the Irish grocery market, but SuperValu at 25% continue to narrow the gap. The gap between market leader Tesco and number two in the market, SuperValu, narrowed to just 0.4% in the latest data on the Irish grocery market released by Kantar Worldpanel.
Aldi announces new partnership with Connolly Meats
Aldi Stores (Ireland) today announced a new agreement with Connolly Meats that will see the Scotstown based pork processor supply Aldi with a new range of sliced bacon and bacon joint products. The new partnership with Aldi is expected to lead to the creation of five new jobs at Connolly Meats.
HMV and Xtra-Vision see 15% rise in combined group sales
Entertainment retailers HMV and Xtra-Vision, which are both owned by Hilco Capital, posted combined group sales of €95.2 million for 2014, up 15 per cent on the previous year. Sales of CDs were up 170 per cent to over 1 million units as HMV shop-in-shop departments were rolled out to 51 Xtra-vision stores and new HMV stores opened in Dublin, Ballymena, Galway and Belfast.
Three Ireland to close 42 stores around the country
The company has not yet said which of the stores will close but confirmed that the move will lead to the loss of 75 jobs and the “non-renewal of a number of fixed term contracts”. The company is closing the stores months after finalising its €780m acquisition of O2 Ireland. The closures are aimed at removing duplication of retail outlets in towns and urban areas which have both 3 Ireland and O2 Retail stores.
Cork retail deals at a TK Maxx?
Retail developments in Cork in the coming months suggest the marketing of the Wilton Shopping Centre, in a portfolio offer, and TK Maxx opening up in the former Tesco unit in Douglas Shopping Centre.