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.
Consumer Confidence Up In Q1, Nielsen Study Finds
Consumer confidence rose in the first quarter of this year, according to the latest edition of the ‘Concerns & Spending Intentions’ report from Nielsen. The study found that global consumer confidence increased 2 pts on the last quarter to 96, while Europe’s score also rose 2 pts to 75. Ireland’s consumer confidence increased 5 pts to 82 this quarter.
Top 10 Items found in Irish shopping baskets
Irish food brands squeezed out global giants such as Coca Cola in the list of products most popular with Irish consumers. Avonmore, Brennans and Denny are the brands most purchased by shoppers in Ireland, a report by Kantar Worldpanel has shown.
60% Of Irish Shoppers Prefer Resealable Packaging
Six out of 10 Irish consumers are more likely or a lot more likely to buy a product if it has a resealable packet, as opposed to one that does not, according to the latest survey results from Empathy Research.
Of 1,010 participants, more women (62%) than men (57%) felt that resealable packing was more appealing than regular packaging. Resealable packaging also appears to have more of an influence on the buying decisions of older age groups compared to younger age groups; 18-24 (55%), 25-34 (53%), 35-44 (64%) and 45+ (62%).
Win Two Tickets To A 'Digital Marketing In Retail/FMCG' Seminar, Hosted By Checkout And The Digital Marketing Institute
Checkout has teamed up with the Digital Marketing Institute to host a special one-off 'Digital Marketing In Retail/FMCG' seminar, taking place on Tuesday 22nd July. Read on for details on how you could WIN two tickets to this exclusive event. This one-day seminar, to be hosted at the Chartered Accountants House, just off Pearse St, in Dublin, is aimed at grocery retail and FMCG executives seeking to develop an understanding of how their brand can fit in with the digital landscape, and what online strategy is right for them.
Changing how Irish customers shop... Lidl by Lidl
With 17pc of the market to themselves, Lidl and Aldi are transforming our retail habits – but we're shaping the stores too. With its 140 stores in the Republic of Ireland, Lidl has gone from discount retailer to a mainstream supermarket brand.
Farmbake in deal with Tesco to supply 28 stores
Irish-owned cake distribution business Farmbake has won a deal to supply its range to 28 Tesco Ireland stores nationwide. The agreement will involve distribution to 19 Tesco Ireland Superstores and nine Tesco Express stores and is expected to generate annual sales of over half a million Farmbake products.
BWG Foods Announces Own-Brand Partnership With Daily Bake
BWG Foods has announced the launch of a new own-brand range, in partnership with Armagh-based supplier Daily Bake. The deal is expected to be worth €1,000,000 over 12 months. The announcement, which follows a trade event at BWG’s Kilshane Cross distribution facility, will see Daily Bake supply fresh dinners and desserts to BWG Foods retail brands Spar, Mace, Eurospar and XL.
Lack of sites chills Iceland’s Irish expansion plan
Malcolm Walker, the founder of the UK retail chain Iceland Foods, says its plan to open between 50 and 60 new stores in Ireland, which would create more than 1,000 new jobs, is being held back by difficulties acquiring suitable sites. Mr. Walker, who founded the frozen food retailer 43 years ago, said it was a “real problem” that most empty retail sites in the country are under the control of banks and insolvency practitioners.
Ireland’s first in-store gluten-free bakery to meet rising customer demand
Ireland’s first gluten-free in-store bakery will open this summer in Scally’s SuperValu in Clonakilty, Co. Cork, creating five new jobs. The supermarket has invested €500,000 in a state-of-the-art kitchen and bakery unit that will produce gluten-free products freshly in store. The owner of Scally’s SuperValu Clonakilty, Eugene Scally, said they were responding to the demands of customers in rolling out the gluten-free bakery.
Green Isle Foods Announces €30m Investment
Green Isle Foods, part of the 2 Sisters Food Group, has announced it is to make a significant investment of €30m across its operations in Ireland, creating 115 jobs over the next five years. The investment will lead to 50 jobs being created at its pizza production facility in Longford, and a further 65 jobs at its pastry production plant in Portumna. The investment programme was supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.
Dorothy Perkins firm cuts its costs in wake of losses
The firm behind the Irish operation of Arcadia Group's Dorothy Perkins, Burton and Evans stores racked up a €1.5m loss in its last financial year as it struggled in a tough consumer environment. Turnover at Arcadia Group Multiples (Ireland) fell to £19.7m (€24.1m) from £46.6m (€57.1m) in the 12 months to the end of August 2013, but the decline was the result of the firm having sold its Top Shop and Top Man brands to another group company for £8m (€9.8m) at the end of the previous financial year.
Aldi to sponsor first National Brown Bread Baking Competition since 1973
Aldi Stores has announced its sponsorship of The National Brown Bread Baking Competition, in association with the National Ploughing Association (NPA) and the Irish Countrywomen's Association (ICA).
SuperValu announces sponsorship of Bloom
SuperValu has officially announced it is a partner of the Bloom festival in the Phoenix Park. Now in its eight year, it is Ireland’s largest garden and food festival and will run for five days over the June bank holiday weekend in Dublin’s Phoenix Park, from Thursday, 29 May until Monday, 2 June 2014.
Red Bull partners with Tesco Ireland to promote cliff diving event
Tesco Ireland is collaborating with Red Bull to create a unique shopper experience to promote the Irish leg of the Red Bull Cliff Diving World Series taking place at the end of June. The energy drink brand has created a ‘virtual world’ using oculus rift technology to give users an immersive experience – from the top of the diving ramp on Inis Mór through to the dive into the Serpent’s Lair.
Dixons and Carphone Warehouse shares drop on merger
Shares in Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse have fallen sharply after the two companies announced a merger deal worth £3.8bn. The new firm will be known as Dixons Carphone, with ownership split equally between the two firms' shareholders.