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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Jul 4, 2018 5:20:19 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.

 

Irish retail sales up by 4.3% in May compared to 2017: CSO

There was an annual increase of 4.3% in the volume of retail sales in Ireland during May compared with the same month last year, according to the latest figures from the Central Statistics Office (CSO). The recently published report showed that seasonally adjusted, the volume of retail sales…

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Irish retail sales buck the negative UK trends

Irish retail sales were up 3.7pc in value terms in May, compared to the same period last year. They were down 0.4pc in value compared to April, according to statistics released yesterday by the CSO. In volume terms, sales were up 0.1pc month-on-month and 4.3pc year-on-year.

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Warm weather sees rise in ice cream and cider sales

Soaring temperatures have led to a 12% increase in the sales of ice cream over the past 12 weeks. The latest research from Kantar Worldpanel shows the number of people buying barbeque food is up by 10%. Alcoholic drinks have also experienced a surge in demand with sales of cider up 14%.

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Soaring temperatures increase sales of Summer grocery favourites by 9%

The latest grocery market share figures from Kantar Worldpanel, published today for the 12 weeks ending 17 June 2018, reveal that the soaring temperatures have increased sales of summer grocery favourites by 9%. The overall market only grew by 2.1%, and Kantar said that this surge in summer…

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Less than two thirds of cat owners feed their cats solely cat food

Just less than two thirds (64%) of cat owners will feed their cat solely on cat food, down from 70% in 2017, with a significant increase (33% from 24%) in the proportion who will feed them a mixture of both cat food and leftovers, while there are 3% who claim to only feed their cat leftovers.

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Report says Irish developers must keep up with evolving retail environment

The retail environment is evolving rapidly both in terms of physical stores but also in terms of e-commerce, according to a new report. This is according to the Retail Development Pipeline Ireland report, published on Thursday (28 June) by commercial real estate company Cushman and…

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Retail boost for hardware and paints

Sales of paints and hardware helped retail sales extend a winning streak even as bar owners posted a drop in sales, official figures show. CSO figures show that core retail sales, which exclude sales of cars, rose 1.5% in terms of volume of sales in May, and were 4.7% up from levels a year earlier.

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Revealed: Ireland's most popular ice creams during the heatwave

As Ireland basks in a week-long heatwave, one thing that the majority of the nation love is an ice cream to cool themselves down. Throughout the week, many supermarket freezers have been emptied out by the afternoon, as sunseekers rush to pick up their favorites.

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Threat to retailers as 'Amazon effect' delivers market share to online giants

Irish retailing is suffering from the 'Amazon effect' as strong increases in the volume of sales translate into much lower increases in the value of sales. The volume of retail sales rose by 4.3pc in May compared to the same month last year. However, the value of retail sales increased by only…

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Minister calls on supermarkets to reduce the use of non-recyclable plastic packaging for fruit and veg

Minister Denis Naughten has written to all supermarket CEOs calling on them to reduce their use of non-recyclable plastic packaging for fruit and vegetables. The letter, seen by TheJournal.ie, was sent to all the major supermarket chains operating in Ireland, asking them to set out what measures…

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Retail Group calls for tax fairness for retailers in budget 2019

Retail Excellence is today (4 July) calling for targeted solutions for retailers in Budget 2019. “In an increasingly boundary-less retail environment the representative body are seeking additional online supports and tax fairness measures to protect retailers from the onslaught of cheap, non-European…

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Tesco and Carrefour create strategic alliance in effort to cut prices

Grocery giants Tesco and Carrefour are to enter into a long-term, "strategic alliance" to enhance their competitiveness. The alliance, over three years, will cover their relationships with global suppliers and the joint purchasing of own brand products.

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Tesco continues strong run in Ireland

Latest grocery market share figures from Kantar Worldpanel for the 12 weeks ending 17 June show Tesco continuing its recent strong run of form in the Republic of Ireland and keeping hold of the top spot it reclaimed last month. The chain recorded sales growth of 3.7% during the period.

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Sainsbury’s sales set to slip as Asda deal back in focus

Sainsbury’s is set to report a dip in first quarter sales next week, with boss Mike Coupe expected to be questioned on the progress of the supermarket’s £12 billion merger with Asda. The grocery giant is tipped by analysts at Barclays and Jefferies to report a 0.1% fall in like for like sales in the three…

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Sports Direct gets a boost with new Laois store

Sports Direct in Laois has undergone a re-fit to give the customers an enhanced shopping experience that aims to offer an unrivalled range of choice from top sports and lifestyle brands. The 21,000 sq. ft site at Laois Retail Park has been fitted to a high standard throughout and will include in-store…

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The IMAGE Boutique Awards: An entry into luxury fashion without full retail prices

Forget what you think you know about second-hand or vintage shops. The designer consignment is a new breed of second-hand that's a far cry from funky smells and rummaging through bins of musty T-shirts and dresses. They are, in essence, an entry into the world of luxury fashion without paying…

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Coffee chain Tim Hortons to open second Northern Ireland store

Multinational Canadian coffee chain Tim Hortons is opening its second restaurant in Belfast, following a successful launch of its first restaurant in the city in May. The opening of the restaurant in Fountain Street saw over 300 people queuing outside and around the corner, so they could be…

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Retail deals hit by political crisis and Brexit concerns, says report

The lack of an Executive and fears over Brexit have hit the rate of retail transactions in Northern Ireland, according to a report. Colliers International, which has an office in Belfast, said the number of retail property deals had slowed since January, partly as a result of our political stalemate and…

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