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Irish Retail at a glance this week - CPM

Irish Retail at a glance this week - CPM

Posted by Katie Pilgrim on Apr 23, 2014, 9:38:33 AM

Retail

CPM Ireland’s leading field sales company, take 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.

Netflix rival planned for Ireland

The head of Irish video rental chain Xtra-vision and entertainment retailer HMV has revealed ambitions to take on the likes of Sky and Netflix with a new Irish video-on-demand service set for launch this summer.

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65% Of Irish Shoppers Consider ‘Artisan’ To Mean ’Locally Produced’

Nearly two-thirds (65%) of Irish consumers think a food product labelled ‘artisan’, ‘farmhouse’, ‘traditional’ or ‘natural’ is from a small business and/or is locally produced.

The results come from the latest Consumer Insights survey by Empathy Research, which gathered information from 981 Irish respondents. Interestingly, more women (71%) than men (59%) believed that the terms meant the product was created locally or by a small business.

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Irish retailers remain cautious about recovery prospects

Green shoots of recovery are sprouting in Ireland, but retailers warn that the improvement is fragile and tax increases may hinder further growth.

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Tesco admit profits have been hit by price war with low-cost rivals

Tesco has admitted that there has been a "significant impact" on its trading profits in Ireland as consumers remain under pressure and it loses market share to rivals including Aldi and Lidl.

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Keogh's to make a packet after bagging UK deal

Irish crisp maker Keogh's has just struck a deal that could see it double the amount of crisps it sells in Britain. Under the deal, the company's handmade crisps will go on sale in 255 of Tesco's British stores.

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Sales Of Irish Pride Decline In 2013

Irish Pride Bakeries Ltd saw its sales decline 4.1% in 2013, according to results posted by its parent firm One51 plc for the year to end 31 December 2013.

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Omnivend kiosks being rolled out in O2 stores across Ireland

Waterford-based tech company Omnivend is rolling out its top-up kiosks to over 20 O2 stores around the country and is eyeing the UK market as it continues to grow.

Customers using Omnivend's technology in O2 stores to top up their mobile device enter their phone number at the kiosk and the credit is loaded directly onto their account.

The Omnivend machines are the first to dispense change for those topping up in multiples of €5 or more.

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Tesco buys Cabra site from the State for €1.7 million

TESCO IRELAND PAID €1.7 million to the State for a 0.69 acre site on the Navan Road that was surplus to the requirements of the Department of Social Protection.

According to junior minister Brian Hayes, the €1,702,800.83 will be halved with 50 per cent going to the Exchequer and 50 per cent to the 2015 Office of Public Works capital programme.

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JTI Launch Illegal Tobacco Trade Report 

JTI Ireland has launched a new report reviewing the illegal trade of tobacco products in Ireland.

The report, launched yesterday, explores the illegal trade in the current economic environment in Ireland, where criminals are earning profits equal to 1,000 times the fines imposed by the courts as well as non-duty paid tobacco costing the exchequer €250 million, not to mention the retail trade €450 Million annually.

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Topics: Insights, Retail