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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Nov 7, 2018 5:17:57 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 slips further in October for third month in a row

Irish consumer sentiment weakened for the third month in a row in October, according to KBC Bank Ireland/ESRI Consumer Sentiment Index for October 2018. The consecutive slip comes as worries about the global economy and the risks posed by a hard Brexit…

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Consumers still saving as Brexit overshadows falling sentiment

Households continued to deposit more money with banks than they borrowed, according to the latest data from the Central Bank of Ireland. The figures indicate that the scars of the 2008 financial crisis have not yet healed, despite ultra-low interest rates…

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Retail sales buoyant as jobs and wages on the up

Retail sales posted another strong month in September thanks to rising job numbers and accelerating wage growth, with the headline number up 1.5pc from August and 6.1 pc from a year ago in volume terms, the Central Statistics Office said yesterday.

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Contactless payments surge 66% in H1 in Ireland

Banking & Payments Federation Ireland (BPFI) Payments Monitor has revealed that contactless payments surged 66% year-on-year rise to 158 million in the first half of 2018. Overall card, payments recorded a significant growth, driven by contactless…

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Uber has just announced they are launching Uber Eats in Ireland

It has just been announced that Uber Eats will be launching in four cities across Ireland. Uber have just announced that they will be launching their food app during lunchtime on 8th November. People in Dublin, Cork, Limerick, and Galway will then be able…

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CCPC launches campaign to create online consumer protection awareness for retailers

The Competition and Consumer Protection Commission (CCPC) has commenced a campaign to make businesses who sell online aware of the protections that they must give consumers who are based in the EU.

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Lidl announces pay rise to match latest Living Wage increase

Lidl has become the first supermarket here to announce a minimum hourly rate of €11.90. This means more than 700 workers are in line for a pay increase in March 2019. The move is to match the latest revised rate recommended by the Living Wage Technical Group.

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Tesco Ireland stores aids Temple Street raising €102,000

Tesco Ireland stores throughout the country raised €102,000 Temple Street Foundation's Trick or Treat over the bank holiday weekend. At the front of each 151 stores, the employees were dressed up in costumes, hosting Halloween parties with cake sales, face-painting and balloons.

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Offaly Tesco stores raise €2,500 for Temple Street

Tesco stores in Birr, Edenderry and Tullamore Square Extra raised a 'fangtastic' €2,558 as part of Trick or Treat for Temple Street over the bank holiday weekend. In all 151 stores across Ireland, Tesco colleagues dressed up in a variety of costumes while…

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Lidl wins sustainable energy in business award

The Sustainable Energy Awards took place at a Gala event this week, at which Lidl Ireland and Northern Ireland was named winner of the Large Business Energy Project award. The Sustainable Energy Awards reward excellence in energy management…

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Ireland's Musgrave Group acquires sole control of Donnybrook Fair

The Competition and Consumer Protection Commission has cleared the acquisition of gourmet store operator Donnybrook Fair by Ireland’s Musgrave Group. Musgrave Group public limited company, through its wholly owned subsidiary Superquinn Limited…

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BWG targets sales boost as it buys Corrib

BWG Group plans to almost quadruple sales to €150m at its latest acquisition, Corrib Food Products, after successfully completing the deal last week, chief executive Leo Crawford told the Sunday Independent.

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Hickey’s Pharmacy launches app with takeaway and delivery service

Hickey’s Pharmacy has launched a new app which offers customers a prescription takeaway and delivery service. 'Click & Collect' gives people the option of ordering their prescription in advance before collection and is available at all 37 stores nationwide.

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Irish profits treble for Zara owner Inditex after online sales boost

The world’s biggest fashion retailing group, the Zara owner Inditex, trebled its profits last year across its Irish network of 23 stores. The listed Spanish behemoth operates nine stores here under the Zara banner, as well as six Bershka, three Pull & Bear stores, three Stradivarius…

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Menarys celebrates opening of new stores for the first time since 2009

Department store chain Menarys will open two new stores following six years of continual performance improvements, the firm says. The retailer will launch one store today in Ballymena and a second unit in Enniskillen on November 15, bringing total numbers to 18.

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Marks & Spencer Northern Ireland recruiting 300 new Christmas staff

Marks & Spencer Northern Ireland is recruiting 300 new staff for the Christmas period A variety of roles are available across 21 of the organisation's stores with clothing, home and food departments all looking for fresh staff ahead of the festive period.

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Maxol raises €25,000 for Aware

Maxol has raised €25,000 for charity partner Aware, which provides support, education, and information for people impacted by depression, bipolar disorder and mood related conditions. The family-owned forecourt and convenience retailer supported…

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Mike Ashley's new Brand Max discount chain opens Northern Ireland shop

Fashion and home retailer Brand Max has opened its first store in Northern Ireland at the Connswater Shopping Centre in Belfast. Owned by Mike Ashley's Sports Direct, the new discount chain was launched in the second half of 2017.

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TK Maxx sister outlet opens first NI store

A Canadian discount homeware retailer will open its first store in Northern Ireland today creating 38 jobs. Homesense, which is part of the TJX family - the owners of TK Maxx - will open at Lisnagelvin Retail Park offering discounts of up to 60% on a range of homeware brands.

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Topics: irish retailers news, irish retail news, retail news, Retail News Ireland