News & insights

Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 3, 2019 2:33:58 PM

CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. 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.

 

Retail sales bounce back despite Brexit worries

Retail sales bounced back from a weak start to the year, rising by 2.1 per cent in February despite fears that consumers were tightening their belts amid the Brexit uncertainty. The latest Central Statistics Office data indicates sales were up by 5.1 per cent on an annual basis in February.

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Bar sales slump as furniture and electrical surge

Furniture and electrical stores and supermarkets have gained sales in recent months, but bars were the only business to post significant falls. The latest CSO figures show electrical goods as the winner across 13 types of retailers, with sales surging 18.4% in terms of the volume of goods sold…

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Find out why more than 5% of independent retailers fail the food hygiene test

Independent convenience stores are nine times more likely to receive a failing food hygiene rating than multiples. RN analysed the food hygiene ratings of 173,907 businesses including 6,894 symbol group and unaffiliated convenience stores across the UK.

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Global retailers to move towards real-time in-store pricing

Gartner, a leading research and advisory company, is predicting that by 2025, the top 10 global retailers by revenue will leverage contextualised real-time pricing through mobile applications to manage and adjust in-store prices for customers.

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Apparently, Irish men spend more on Mother’s Day gifts than women

With Mother’s Day just around the corner, AppliancesDelivered.ie, Ireland’s highest rated electrical retailer, carried out a nationwide survey to find out what exactly makes Irish Mammies the best in the world. The survey found that Irish men will spend more than their female…

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Milk output up, but consumption down as demand for milk alternatives grows

The overall intake of milk in Ireland during February increased by 2.5pc, but milk consumption in Ireland fell by 3pc. Figures from the Central Statistics Office (CSO) show that domestic milk intake by creameries and pasteurisers was estimated at 301.6m litres for February 2019…

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Food Drink Ireland welcomes future growth loan scheme

Food Drink Ireland, a group that represents the Irish food and drink sector, has welcomed the announcement of a €300 million future growth loan scheme for SMEs and farmers. Under the terms of the scheme, eligible Irish businesses can avail of a loan with a term of eight to ten years…

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Optimism among Irish companies falls to weakest point in eight years

Optimism among Irish companies is the weakest in almost eight years according to the latest AIB Ireland Business Activity Insight Report, with sentiment around profits, employment and investment lower than reported in October 2018 as uncertainty around Brexit continues.

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Online shoppers warned about buying from British websites post-Brexit

Online shoppers have been issued with a stark warning to take precautions when buying from British websites post-Brexit. All EU protections will disappear and shoppers could find they won’t have the same ‘cooling off’ period they enjoy in the EU, or the same rights if a product is faulty.

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Ireland pays second-highest level of alcohol excise tax in the EU, says DIGI

The Drinks Industry Group of Ireland (DIGI) has said that Ireland pays the second-highest level of alcohol excise tax in the EU, behind only Finland. Ireland pays the highest tax on wine, the second highest on beer, and the third highest on spirits.

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Dunnes marks 75 years in Cork

A stroll around the aisles of Dunnes’ flagship store in Patrick Street, Cork city, these days will allow you to snap up everything from almond milk to fresh pastries and exotic fruit and vegetables. Then there is high fashion from the likes of Paul Costelloe and Lennon Courtney.

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Lidl Ireland launches weekly autism friendly quiet evenings across Ireland

Lidl Ireland is to implement autism friendly quiet evenings across all stores following a successful trial last year. The say positive feedback means Tuesday between 6pm and 8pm will be designated for autism awareness in every store from now on.

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Lidl doesn't plan to launch its £1.50 damaged fruit and veg boxes in Ireland

Lidl has confirmed it won’t launch its £1.50 ‘Too Good To Waste’ fruit and vegetable boxes in Ireland. The supermarket last week announced that it was rolling out the scheme across all of its stores in England, Scotland and Wales following a successful trial.

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Aldi to sell over 1,000 tonnes of Irish strawberries in 2019

Aldi has announced that it intends to sell over 1,000 tonnes of Irish strawberries in 2019, a 20% increase on the previous year. All 137 Aldi stores nationwide are now taking delivery of early season Irish strawberries, which will be on sale for €2.49 per 227g punnet.

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Musgrave MarketPlace reports boom in eco-friendly products

More encouraging news in the realm of sustainability and the race against waste: Musgrave MarketPlace has reported that sales of eco-friendly packaging and disposables grew by a whopping 131% in 2018; this growth reflects once again that business as a whole is entering a new…

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Local winners at annual Musgrave store awards

Three local SuperValu, Centra and Mace stores have clinched the coveted title of ‘Store of the Year' at Musgrave's annual awards. McCool's SuperValu in Ballymoney claimed the title of SuperValu Store of the Year for a second year. The store, known as the ‘heart of the community'…

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SuperValu creates 70 jobs and invests €12m in new Dunboyne Store

SuperValu has created 70 new jobs as part of a €12 million investment in a new 15,200 square feet store in Dunboyne, Co Meath. Nally’s Dunboyne store will anchor an overall 25,000 square feet new town centre development which incorporates four adjacent units, office accommodation…

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SuperValu staff in Naas raise money for National Rehabilitation Hospital

Rushes SuperValu Naas picked the National Rehabilitation Hospital Dun Laoghaire as their chosen Charity of the Year 2018. Each year the management and staff nominate a charity and direct all their fundraising efforts towards their chosen good cause.

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Debenhams to consider Sports Direct takeover bid

Struggling retailer Debenhams has said it will give any firm takeover offer from Mike Ashley's Sports Direct "due consideration" but said it would continue with emergency funding plans. Sports Direct, which purchased House of Fraser last year, said after market close on Monday it was…

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Sheridans Cheesemongers at Dunnes Stores wins Best Cheese Shop in UK and Ireland

Theres no doubt that it has been an incredible journey for our own Sheridans Cheesemongers. After starting out selling Irish farmhouse cheese on a market stall in Galway almost 25 years ago, the Sheridan brothers' operation has grown, and Sheridans Cheesemongers can now…

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Mace stores recognised for outstanding retailing achievement

Five Mayo-based Mace stores were honoured for achieving exceptional standards in retailing at the Mace Excellence Awards, held in the Heritage Hotel and Spa in Killenard, Co. Laois, and hosted by BWG Foods, owners and operators of the Mace brand.

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Circle K open its largest service station in Gorey

Circle K, one of Ireland’s largest fuel and convenience retailer, has opened the largest service station in its global network; Circle K Gorey on the M11 in Co Wexford. The new service station will create 40 new jobs in the locality.

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Boots inks FA deal to sponsor UK and Ireland national women’s teams

Boots has signed a three-year deal to sponsor the women’s national football teams of every country in the UK and Ireland, having spotted an opportunity to align itself with the game. The partnership marks the first time that any brand or retailer has sponsored all five FA women’s national teams.

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Harvey Norman’s staff and customers raise €175k to kit out 20 new properties for homeless people

An Irish retailer has raised enough funds to kit out 20 new homes for those experiencing homelessness. Harvey Norman held over 300 local fundraising activities both in-store and outside of stores from February 7 until March 10 – which included baking, cycling, waxing events…

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Mayo homeware business features in Guaranteed Irish promotion

A new campaign has been unveiled by retailer Harvey Norman to promote the very best of Irish-made homeware and interiors. Among the businesses involved in the promotion is Mayo-based Elephant Living.

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H&M reveal why they opened their newest store in Sutton High Street

H&M want to be in Sutton for a “lifetime” as the fashion giant opened the doors of its new Sutton High Street store to hundreds of new customers. Around 500 people who queued for hours before it was officially launched, at 11am on March 28, were treated to a quirky dance before heading inside.

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Shop Direct set to rebrand

Shop Direct has announced plans to rebrand to The Very Group, bringing its name and identity in line with its main consumer brand Very.co.uk. The online retailer – which also owns Littlewoods – stated that the new corporate identity will be unveiled later this year.

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Retail NI: ‘Northern Ireland’s rural towns can’t be left behind’

A representative body for independent retailers in Northern Ireland has warned that rural towns and villages cannot be left behind as the Belfast ‘city deal’ progresses. Glyn Roberts, chief executive of Retail NI, said that rural communities are also facing a loss of access to cash as a result of…

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Lidl creates eight jobs at new branch in Junction retail park

Lidl has created eight jobs by opening a new store at Antrim retail complex The Junction. The building replaces the German retailer's previous supermarket, which was demolished as part of a £23m masterplan to redevelop The Junction.

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HMV to play on at Belfast store as agreement reached with landlord

Entertainment retailer HMV will remain in its Belfast premises after reaching an agreement with landlord Sports Direct. The future of the store had been in doubt after new owners Sunrise Records said the terms of its lease in the city centre were not viable in the long-term.

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Topics: irish retail, irish retail news, irish retailers, irish retailers news, Insight