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Irish Retail At A Glance

Irish Retail At A Glance

Posted by Sanya Mittal on Dec 4, 2019 5:01:59 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 consumer sentiment 'notably' improves in November

Irish consumer sentiment improved notably in November, after a six month low which was recorded in October, as the reduced risks of a ‘crash-out’ Brexit, research shows. At current levels, the recently published KBC Bank Irish Consumer Sentiment Index is still pointing…

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New legislation sees introduction of five-year expiry date on gift vouchers

From today, a gift voucher bought in the Republic of Ireland, cannot have an expiry date less than five years from the date it was purchased. In order to comply with the new legislation, the Consumer Protection (Gift Vouchers) Act 2019, which was…

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'We've become victims of frenzied overconsumption': The dark side of Black Friday

"I'm making you all gifts this year," my sassy sister announced last Christmas. We were briefly horrified and then pleasantly surprised as her creativity and sentimentality transformed into thoughtful bespoke gifts that we now treasure.

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Irish retail sales weaken in October

DUBLIN, Nov 28 (Reuters) - Irish retail sales volumes fell 0.5% in October, their weakest performance in three months, data showed on Thursday. When volatile motor sales are excluded, retail sales volumes were down 2.1% compared to the previous month, their sharpest decline of the year…

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Over half of Irish women admit to keeping shopping habits a secret from partner

More than half of Irish women have admitted they would keep their shopping habits or overspending a secret from their other half. The findings emerged as an estimated €250million is set to be splurged by shoppers during today's Black Friday extravaganza.

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The 8 worst things every retail worker has heard during the Black Friday sales

As red sale banners hang from every light fixture, fresh bags are being unpacked, and Michael Buble’s Christmas album is blaring from the speakers, retail workers across the country are bracing themselves for one of the most torturous weekends of the year – Black Friday.

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Irish small businesses kick off Green Friday encouraging customers to shop local this Christmas

The CEO of the Kilkenny Group, Marian O’Gorman, came up with the campaign for customers to shop closer to home and pick up some Irish products. Last year, more than €50 million was spent by consumers here between Black Friday and Cyber Monday.

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Naas is among the most friendly towns in Ireland to shop in

Naas can claim to be among the top five towns in Ireland to visit having taken an award at the AIB sponsored Retail Excellence Awards event in Killarney.It took place on November 9. The other towns were Ennis, Carrick On Shannon, Limerick and Cork.

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Irish households throw out €1.5bn worth of food each year, research shows

Irish households throw out €1.5 billion worth of food each year, peaking at Christmas time, when households waste 50% more - the equivalent of hundreds of thousands of Christmas dinners, research shows.

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Packaging waste from online shopping to reach 11,740 tonnes this year

Packaging waste from online shopping purchases from foreign retailers made by Irish consumers will increase 17% to 11,740 tonnes this year, according to recycling industry body Repak. The organisation has called on the government to examine the…

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Retail and social media are a match made in heaven, if it's done right

RETAIL AND SOCIAL media are a match made in heaven. The ability to reach and engage with exactly who you want, at any time is an opportunity that marketers cannot pass up. At this time of year, the competition for potential customers’ attention…

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Irish Cream liqueur Sales Increases By 10% In Past Four Years

Sales of Irish Cream liqueur has increased by 10% in Ireland since 2015. “Irish Cream liqueur continues to sell and grow, driven by innovation and creativity in the sector," said Vincent McGovern, head of drinks Ireland|Spirits.

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New research reveals newspaper purchasers contribute €1.9million annually to the Irish retail sector

The consumer study from Behaviours & Attitudes has shown that newspapers remain a "highly profitable" retail product. The research has shown that newspaper buyers spend an average of €14 per shopping trip, which generates around €1.9 billion in sales to the retail market.

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Tesco Ireland partners with Foodcloud to launch annual Christmas food appeal

Tesco Ireland has partnered with FoodCloud to launch the Annual Christmas Food Appeal for 2019. Now in its sixth year, the annual appeal takes place across Tesco’s Extra and Superstores nationwide this Friday, 29 and Saturday, 30 November.

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Kevin the Carrot fans ‘fight’ in Aldi stores as 3ft long toys go on sale

Kevin the Carrot fans were allegedly fighting over the 3ft long toys that went on sale. Aldi’s Christmas mascot has become a popular character for the season and shoppers were keen to get the best Kevin deal around.

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Aldi unveil amazing selection of wines with prices from €6.99 ahead of Christmas

German retailer Aldi has unveiled their superb wine selection just in time for Christmas. The discounter has an incredible selection of reasonably priced wines available ahead of the festive season.  Shoppers will be able to stock up on great…

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Lidl opens 110m-dollar facility

The retail giant Lidl has had bountiful news raining down on us long before the holidays even began. Earlier this fall, the company focused its efforts across the pond, opening its largest distribution center in Great Britain, investing $19 billion into a British supplier agreement…

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Lidl reduces chilled products price by almost 90% on best before date

Lidl Ireland has announced its plans to reduce the price on a range of its chilled food products by in the region of 90% on their best before date. The discounter said that the news is a part of its new Lidl food waste initiative, ‘Waste Not’ which it…

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Musgrave agrees acquisition of northern Ireland Brewdog distributor, drinks inc

Musgrave has announced that it has agreed to acquire the brand and company assets of drinks group Drinks Inc who distributes brands such as BrewDog and Dingle Distillery in Northern Ireland. Established in 2001, the Belfast based agent for premium brands…

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Lidl launch 'Waste Not' initiative to combat food waste

Supermarket chain Lidl is introducing a new "Waste Not" initiative to reduce food waste by over 700,000 kilogrammes a year, in all its 200 stores across the country. Customers will see savings of up to 90% on a range of chilled food products that have reached…

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Circle K opens newly redeveloped Fairyhouse motors station

Circle K has recently opened its newly redeveloped service station, located on the Fairyhouse Road, Newtown, Ratoath, Co. Meath. The newly fitted fuel and convenience store will feature a full, fresh and healthy deli, Circle K’s own Simply Great Coffee as well as frozen soft drinks Froster.

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BWG beefs up food-service business with acquisition of Galway meat supplier

BWG, the owner of the Spar retail franchise in Ireland, has further beefed up its food-service division with the acquisition of a Galway-based meat supplier to the hospitality industry for an undisclosed sum.

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Producers recognised at Bord Bia Food and Drink Awards

Nine Irish producers and brands were recognised at the biennial Bord Bia Food and Drink Awards, held at the RDS Dublin on Wednesday 27th November. The awards were presented at a gala luncheon by Tara McCarthy, CEO Bord Bia…

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Boots Opens New Store On Dawson St. Dublin, Creates 10 New Jobs

Boots has recently opened a new store on Dawson Street in Dublin city centre. The pharmacy-led health and beauty retailer's new branch will be managed by Lauren Gorman and will have 18 staff, creating 10 new jobs within the 221m² store.

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Meet the women leading luxury retail into the next decade

From Dublin to Galway to Cork, Paul McLauchlan meets the women at the heart of Ireland’s luxury independent boutiques. The 2010s witnessed a seismic shift in the retail landscape. Following the financial crash, businesses fell like dominos, lives crumbled…

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