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Irish Retail at a glance for this week

Irish Retail at a glance for this week

Posted by Maria Diaz on May 28, 2014 4:51:51 PM

Retail-services-image-300x218CPM, 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.

 

Clothes shopping app to bring customers and retailers closer

A new development in online shopping for clothes which allows customers to upload a description of what they want and have the retailer search it out was launched yesterday. Stylists Brendan Courtney and Sonya Lennon spoke about celebrating what they called “Fashion Independents’ Day’’ with a whirlwind tour taking in 25 stores across the country. They were launching their new online app Frockadvisor.

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Insight of the Week: Discount Shopping

Despite a 1.7% rise in retail sales last month, the third largest increase in Ireland in a year, Retail Ireland still calls the sales "very disappointing." It noted that the rise was due to "retailers aggressively discounting prices to increase footfall." As the economy slowly begins to recover, Kantar Media TGI Ireland reveals further insight into retail shoppers pounding the pavement in search of bargains.

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29% Of Irish Consumers Buy Wine Once A Week

Over a quarter (29%) of Irish consumers purchase wine at least once a week according to the latest Consumer Insights survey from Empathy Research. Of 1,010 participants, it was mostly older age groups that said they buy wine at least once a week; 18-24 (17%), 25-34 (21%), 35-44 (32%) and 45+ (35%). Interestingly, it was participants from Dublin that were most likely to buy wine once a week (36%), a noticeable increase on other regions surveyed; rest of Leinster (30%), Connacht/Ulster (25%) and Munster (24%).

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66% Of Irish Consumers Won’t Let Rain Dampen Their Spirits As BBQ Season Kicks Off

Bord Bia has released new research that indicates that 66% of Irish consumers don’t let the rain dampen their spirits during barbecue season. Over half of those surveyed (56%) choose to cook outdoors but eat indoors when the rain threatens to pour and only 10% have cancelled their barbecue due to the weather.

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Trading Up Most Evident In Baby Products Category, B&A Study Finds

A study for Checkout magazine by Behaviour & Attitudes has found that Irish consumers are still resistant to 'trading up' in most grocery categories, except when it comes to Baby Products. The survey of 508 consumers found that 30% were more likely to trade up (i.e. buy more expensive product than in the past) when purchasing Baby Formula, with just 2% saying they are more likely to trade down in the category. 68% said they are likely to spend the same on Baby Formula as in the past.

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Global Irish Whiskey Sales Could Be Impacted By Plain Packaging Of Tobacco, Packaging Expert Warns

Packaging industry spokesperson Mike Ridgway has said that the introduction of plain packaging for tobacco products could impact sales in other product categories, including Irish whiskey, sooner rather than later.

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Price reductions and food shops bring retail sales to 10-year high

Food fans and heavy discounting have driven a 10-year high in retail sales, according to a Northern Ireland expert.Donald McFetridge of the University of Ulster was speaking after new Office for National Statistics figures revealed that retail sales volumes rose at their fastest year-on-year rate for a decade in April amid a squeeze on prices.

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Tesco’s totally treat-free tills pile pressure on rivals

Major supermarkets are coming under increased pressure to have sweet-free checkouts after Tesco stole a march on them by removing sugary treats from the tills in all their stores. The supermarket giant made the move after finding that 65% of customers backed confectionery-free checkouts.

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M&S is top of the flops as sales fall 5% despite ads splurge

Marks & Spencer suffered a staggering 5 per cent drop in Irish sales over the last year, as shoppers fell out of love with its clothes, despite heavy advertising using pop star Rita Ora, Eurythmic's singer Annie Lennox and Oscar winner Emma Thompson.

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Three of big four supermarkets refuse to stock more British beef

Three of the big four supermarkets have no plans to change their policy on stocking British beef, despite farmer anger. Tesco, Sainsbury’s and Asda said they would continue to sell Irish beef and were satisfied their labelling and pricing policies met customers’ preferences.

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Aldi announces it will create 450 jobs throughout Ireland in 2014

Retailer Aldi has announced that it will create 450 new jobs this year. The franchise said it will recruit for the new roles nationwide as it expands its network of stores in Ireland. Aldi is now seeking applicants across several positions including area manager, store manager, assistant store manager and store assistant.

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Shore Capital: Tesco Ireland Forecast To Post Further Sales Declines In 2014/15

Tesco's Irish operation is likely to contract in the coming financial year, before returning to growth next year, according to a company update by market analysts Shore Capital Stockbrokers. Tesco posts its results for Q1 of its 2014/15 financial year on March 6th.

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Shopper figures hit high point in north

Shops in Northern Ireland have been packing them in faster than at any time in history, a new retail survey shows.
Footfall - that's the measure of people visiting shops over a period of time and is seen as an important barometer of how well they're performing - has soared to its highest level since recent records were kept by the Northern Ireland Retail Consortium (NIRC).

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Sweet deals for Glenilen with Tesco and Aer Lingus

Cork-based food producer Glenilen Farm has secured significant contracts with Tesco in the UK and Aer Lingus to supply them with desserts. These deals, believe its family owners, will create five new jobs at its base in Drimoleague. Glenilen has secured a deal with Tesco to supply 138 stores in the UK with three desserts – lemon cheesecake, chocolate mousse, and coconut and passion fruit panna cotta – from the middle of June.

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Topics: Insights, Retail