News & insights

Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Sep 5, 2018, 5:08:11 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.

 

Finder: Subconscious drives 95 per cent of purchasing decisions

People’s subconscious drives 95 per cent of their purchasing decisions. This is not necessarily something marketers want to hear, but true nonetheless, said Arron Child, head of neuromarketing at Finder, at the recent ADMA Global Forum. Understanding the subconscious and how it works…

READ THE FULL STORY

 

Good weather seen as factor for sales growth in all major Irish supermarkets

New figures suggest all the major Irish supermarkets have grown sales for the sixth period in a row. The latest grocery market share data from Kantar Worldpanel is for the 12 weeks ending August 12th. The figures also show an intensely competitive retail environment, with just 1.5 percentage…

READ THE FULL STORY

 

‘Disappointing’ sales miss summer bounce

The good weather failed to deliver the expected bounce in sales at the shops last month but spending was nonetheless significantly higher than a year earlier, according to official figures. The CSO said sales surged, in volume terms, by 6.5% in July from June, and were up 5.5%...

READ THE FULL STORY

 

Despite wanting convenience, Irish consumers steer clear of new tech, research shows

Despite increasing demand for greater convenience, Irish shoppers are slow to adopt e-commerce technologies, according to Nielsen. The data analytics company published its Quest for Convenience report which highlights a rapidly growing demand for convenience in markets around the world.

READ THE FULL STORY

 

Irish shoppers slow to adopt e-commerce technology, survey finds

New data has revealed Irish shoppers are slow adopters of new e-commerce technologies, compared with their global counterparts. The findings, from Nielsen, suggest this is the case for shoppers in the UK as well.

READ THE FULL STORY

 

Irish online shoppers spent €2.7bn overseas in the past year, according to PayPal research

The number of Irish consumers shopping at international online stores exceeds the number of domestic online shoppers in Ireland, according to new PayPal research. The online payment firm estimated that a total of 2.2 million Irish consumers made a purchase from an overseas website…

READ THE FULL STORY

 

Irish online consumers now buy more from abroad than from domestic retailers

Irish retailers are losing out because more consumers here purchase online from suppliers abroad than at home. According to new research from PayPal, 2.1 million of us bought goods online from an Irish retailer last year, compared with 2.2 million people buying from a foreign website.

READ THE FULL STORY

 

Expand your horizons with the Retail Excellence eCommerce Trustmark

Retail Excellence, Ireland’s largest retail representative body, is celebrating all online retailers who are putting customer online safety and trust first, with the use of the Retail Excellence eCommerce Trustmark on their websites.

READ THE FULL STORY

 

All ‘major’ Irish supermarkets grow sales for sixth consecutive period

All of the major Irish supermarkets have grown sales for the sixth period in a row, according to the latest grocery market share figures from Kantar Worldpanel. Published today, the figures relate to the 12-week period which ended on August 12, 2018.

READ THE FULL STORY

 

Spectre of deflation still stalking retail brands

Once again, the Kantar Worldpanel figures which were published this week, clearly demonstrate the competitive nature of the grocery market in Ireland while highlighting some of the challenges suppliers and their brands face in what is a never-ending battle to win over the hearts…

READ THE FULL STORY

 

Tesco retains top spot as Ireland’s fastest growing Irish retailer

For the seventh consecutive period Tesco is the fastest growing of the Irish retailers, with sales up 4.8% compared to this time last year. The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 12 August 2018 show that just 1.5% points…

READ THE FULL STORY

 

Tesco retains top spot in Ireland's supermarket wars yet again

Tesco has yet again retained its position as Ireland’s most popular supermarket, but SuperValu is close behind it. The latest Kantar Worldpanel supermarket shares show that Tesco accounted for 22.4% of the consumer spend over the course of the 12 weeks to 12 August, making it the…

READ THE FULL STORY

 

Profits jump to €29.8m at operator of Spar stores

Pre-tax profits at the owner of the Spar franchise in Ireland, the BWG Group, rose by 23pc to €29.83m last year. BWG Unlimited Company and subsidiaries operate a network of stores across Ireland and the UK and revenues at the group increased marginally, from €1.392bn to €1.41bn…

READ THE FULL STORY

 

BWG's pre-tax profits up 23% in 2017, confirmed solid start to 2018

The BWG group, owner of the Spar retail chain in Ireland, saw its pre-tax profits soar by 23% last year to €29.8 million, according to the Irish Independent. The news publication reports that the group, with businesses in the UK and Ireland, saw its revenue marginally increase to €1.4 billion…

READ THE FULL STORY

 

Kilkenny SPAR stores honoured with Customer Care awards

Three Kilkenny SPAR stores were awarded one of retail’s highest honours at the inaugural SPAR 365 Standards Customer Care Programme celebration recently. SPAR and SPAR Express retailers from across Ireland attended the prestigious ceremony which was held at Citywest Hotel…

READ THE FULL STORY

 

Lidl plans more stores but not considering convenience formats for Dublin

German retailer Lidl plans to add more than 40 additional shops to its network in the Republic within the next five to seven years but it is not currently considering convenience store formats for Dublin city, according to its property director Alan Barry.

READ THE FULL STORY

 

Lidl launches charitable bakery pop-up in Ireland

Lidl Ireland has launched a pop-up bakery in aid of its charity partner Jigsaw, the National Centre for Youth Mental Health. The concept, called The Bakery, kicked off on 21 August and is running for four weeks in four locations across Ireland – Rathmines and Dun Laoghaire in Dublin, Limerick and Cork.

READ THE FULL STORY

 

Laughter yoga and music for positive mental wellbeing at pop-up bakery in Limerick

A pop-up bakery in aid of youth mental health charity Jigsaw is set to take over the Potato Market in Limerick this weekend. The aim of The Bakery, which is being run by Lidl Ireland, is to raise much-needed funds while also encouraging positive mental health through several events.

READ THE FULL STORY

 

Lidl store damaged during snow storm reopens

A Lidl store that was closed because of vandalism during the snow storm in March has reopened. The Fortunestown store in Dublin has been under repair for four months after it was partially damaged with an excavator during Storm Emma.

READ THE FULL STORY

 

Family-run retailer Welch Sports shuts after 22 years

A long-established family-run sports retailer has gone into voluntary liquidation, closing its two remaining stores in Cork. Welch Sports Ltd, which traded for 22 years, closed its Maylor St store earlier this year and its Douglas Village Shopping Centre store this month.

READ THE FULL STORY

 

Eason shareholders set for €60m windfall from property sales

Irish books and stationery retailer Eason is planning to sell 13 properties in the Republic in a move that it expects to generate a €60 million windfall for its 220 shareholders. This will include the sale of its flagship property on O’Connell Street in Dublin, which would be leased back from the new…

READ THE FULL STORY

 

Competitive retail market hits sales at H&M Irish arm

The Irish arm of H&M, the world’s second biggest fashion retailer, saw sales fall last year against the backdrop of a “challenging retail environment”, recently filed accounts show. H&M Hennes & Mauritz Ireland Ltd posted a 7.7 per cent decline in like-for-like sales with revenue falling 2.6 per…

READ THE FULL STORY

  

Hollister and Abercrombie & Fitch suffer new slump in sales and profits

Profits and revenues at the Irish arm of major US clothing brands Hollister and Abercrombie & Fitch have dropped here for the fourth year running. New accounts show that pre-tax profits at A&F Hollister Ltd dropped by 29pc, going from €403,171 to €286,231 in the 12 months to February…

READ THE FULL STORY

 

Harvey Norman Flagship Stores delivering international growth

Lifts performance of other stores. Harvey Norman has reinforced the importance of its Flagship store strategy to its international sales performance as the Auburn Flagship store in Sydney as well as Zagreb in Croatia are set to be launched next month.

READ THE FULL STORY

 

Store wars: the High Street strikes back against the cyberspace threat

This time last year, Mayo businessman and footballer Donal Vaughan was gearing up for one of the fights of his life - his county's bid to bring home Sam Maguire for the first time since 1951. Dublin were victorious on the day but Vaughan is now involved in a different sort of battle, which…

READ THE FULL STORY

 

Supermarkets in Northern Ireland continue to grow market share says Kantar study

Despite an intensely competitive retail environment, all the major supermarkets in Northern Ireland have grown sales for the sixth period in a row according to latest grocery market share figures from Kantar Worldpanel in the 12 weeks ending August 12.

READ THE FULL STORY

 

Lidl's sales rise by 5.9% as share of Northern Ireland market grows again

German discount retailer Lidl has increased sales in its Northern Ireland supermarkets by nearly 6% over the last year, latest figures show. Research organisation Kantar Worldpanel said the company, which has 38 stores here, had also increased its share of the grocery market to 5.7% in the 52…

READ THE FULL STORY

 

New Subway outlet opens in vibrant Titanic Quarter

Global sandwich giant Subway has become the latest retailer to move into the vibrant Titanic Quarter, creating nine jobs. Under the ownership of Stephen and Keith Tierney, who operate three other stores in Northern Ireland, the Titanic Quarter Subway will be situated within the Arc…

READ THE FULL STORY

 

Haggle over rent may decide future of Belfast House of Fraser store

Sports Direct boss Mike Ashley will have "met his match" as he negotiates with Victoria Square landlord Commerz Real over the future of the Belfast House of Fraser store, it's been claimed. House of Fraser, now owned by Mr Ashley, will announce a spate of store closures this week, with the…

READ THE FULL STORY

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