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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Lillian Wayne on Jun 5, 2019 3:00:00 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.

 

One fifth of Irish consumers bake weekly, research shows

Home baking continues to be popular amongst adults with 1 in 5 (20%) claiming to bake at least once a week, although there hasn’t been any increase in the proportion who are baking once a week or more when compared to previous research conducted in 2017 (19%)…

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Irish grocery inflation at 2.9% ‘highest since 2014’ as households spend more

The annual rate of grocery price inflation in Irish supermarkets accelerated to 2.9% in recent weeks, the highest since October 2014, according to a new survey. The figures come from the regular survey by market researcher Kantar which polls over 30,000 grocery items…

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Brexit blues lift as Irish consumer mood holds steady

Irish consumer sentiment held steady in May as consumers caught up between the implications of a delayed Brexit while an improving jobs market may be adding to household spending power. This is according to the latest KBC Bank Ireland Consumer Sentiment Index…

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Pubs and cars post falls in retail sales but spending boom for furniture and electrical retailers

Pubs, cars, and department stores were the only three of 13 retail businesses to post falls in their retail sales in the first three months of the year, official figures show. The CSO figures for the three months to the end of March also show something of a spending boom…

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Contactless payments jump almost 60% in the past year

New figures have shown the number of contactless payments on credit or debit cards in Ireland are up 59.2%. Banking & Payments Federation Ireland (BPFI) said consumers made close to one million contactless payments per day in 2018. Irish firms also recorded the highest percentage of…

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Retailers get tough on serial returners

John Hearne says retailers are deactivating the accounts of online shoppers who routinely return goods they’ve bought to trial at home. Are you a serial returner? Do you routinely send back goods you’ve bought online, even though there’s nothing wrong with them…

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Bord Bia toasts another Bloom-ing success

Bord Bia has hailed Bloom 2019 as another roaring success, with more than 115,000 visitors (including 20,000 children) descending upon Dublin’s Phoenix Park for the renowned gardening, food and lifestyle festival. Tara McCarthy, CEO of Bord Bia, said that…

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Taste 2019: Dublin’s vibrant food on show for the world

There are just three weeks to go until Taste of Dublin, one of the most anticipated events on the festival calendar, returns to Iveagh Gardens in the heart of the city. Several Irish restaurants are set to make their Taste debut at the event, and excitement is building about…

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CSNA demands zero tolerance: Security Report launched at National Conference

A startling ‘Security Report’ was launched today by the Convenience Stores and Newsagents Association (CSNA) as part of its 2019 National Conference at Fitzpatrick Castle Hotel in Killiney, Co. Dublin. In the wake of the report’s publication, government…

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More people cash in their chips by recycling crisp bags with TerraCycle

An American recycling firm which processes packaging waste that cannot go in household green bins has reported a steady increase in interest from Irish consumers and community organisations in recent months. TerraCycle pays 1c or 2c per item to schools…

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Love Pie-land: The food trends poised to hit Ireland this summer

Finally, we have the data which reveals the changing ordering habits and food trends poised to hit Ireland this summer. It's vital information that we simply HAD to know, and Deliveroo went full FBI secret agent to discover the fascinating food facts. The summer trends reveal…

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Dunnes remains in pole position as Ireland's Top Supermarket for ninth month

Recent research, showed that Tesco grew sales by 3.6% in the past 12 weeks to 19 May 2019, narrowing the gap with Dunnes to just 0.2%. Meanwhile, SuperValu’s growth of 0.9% puts the Musgrave-owned retailer on a positive footing for the second consecutive…

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Tesco challenged to proceed with €20M Mayo investment

An independent member of Mayo County Council has called on Tesco to proceed with a €20 investment in Ballina. The supermarket chain was granted planning permission a number of years ago for a development in the Pearse Street/Market Square area…

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Lidl Ireland invests €130,000 in solar panels at Birr store

The Irish arm of discount retailer Lidl has completed the installation of solar panels at its Birr store adding a further investment of €130,000 in renewable energy. The newly installed solar panels, which were supplied by Cavan-based Kingspan, will produce…

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Dealz-owner posts 11.9% sales increase in first half

Dealz-owner Pepkor Europe, has reported a 11.9% sales increase for the second quarter and for the half year ended 31 March 2019. The European retail group, has posted sales of €1.7 billion in the first half of its financial year, an increase of 14.2% on the same period…

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Expansion costs drag Ikea Ireland profits down 71%

Pre-tax profits at the Irish operation of Swedish furniture giant Ikea plummeted by more than 71%, to €2.53m, last year as rising investment costs ate into performance. Irish customers spent nearly €3.6m a week - or €181.1 million across the year - at Ikea’s main…

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Fyffes Ireland joins Dunnes Stores to give pineapples the chop

Shoppers who like to see their food being freshly prepared can now enjoy witnessing their chosen pineapple being chopped on the spot at various Dunnes Stores outlets throughout Ireland between now and mid-August. Supplied to Dunnes Stores by Irish fruit…

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Public transport needs to be first option not last for shoppers

With Translink's Bus and Train Week taking place this week, it is very timely to highlight the huge contribution that public transport makes not only to our retail sector, but to our wider economy. Retail NI has always been a champion for public transport, urging shoppers to…

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Retail sales fall in May at fastest rate in 24 years

Shoppers shunned the high street last month in greater numbers than in a generation, shock new data shows. Sales plummeted 2.7 per cent in May, faster than at any time in the last 24 years (since January 1995), according to the BRC-KPMG Retail Sales Monitor…

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SuperValu invests £250k in new product lines

Grocery retailer SuperValu, owned by Musgrave Group, has invested £250,000 in 30 new lines for the barbecue season. The investment will be available in stores across the retailer's Prepared By Our Butcher and Fresh For You lines. It follows on from the retail chain's…

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