News & insights

Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 11, 2019 12:30:05 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.

 

Over a third of Irish adults purchase from a deli counter once a week

After previous decreases there has been no change this year from 2018 in the proportion of adults who claim to purchase from a deli counter at least once a week, with incidence levels maintaining at 35%.

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Consumers seek end of Brexit gloom

A lifting of the Brexit gloom and the relief of Britain ruling out crashing out of the EU would likely spur Irish households to spend more on pricey consumer items, a leading economist has predicted. Austin Hughes, chief economist at KBC Bank Ireland, said that a definitive…

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Irish consumer sentiment improves in March

Irish consumer sentiment improved in March, recovering about half of the large drop recorded in February when the index fell to a 51 month low. The uptick in confidence in March doesn’t signal any dramatic improvement in either the current circumstances or future prospects…

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Supermarkets toast St Patrick’s Day alcohol sales

Tesco and SuperValu underperformed the rest of the grocery market in the 12 weeks to March 24. That helped Dunnes Stores retain its place as Ireland’s biggest supermarket by market share, according to the latest figures from market researchers Kantar Worldpanel.

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St Patrick's Day offers booze and brekkie boost to retailers

Saint Patrick's Day provided retailers in the north with a big uplift in sales as shoppers stocked up on Irish breakfast favourites and alcohol, which had hit their highest point since the New Year. That feeds into latest figures from Kantar, which shows that overall grocery sales…

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Grocery market in Ireland continues robust growth; discounters and Dunnes lead the way

Latest market share figures by Kantar show that the Irish grocery market grew by 3.2% in the 12 weeks to 24 March 2019, with inflation running at 1.7%. The strong overall performance came despite Easter falling three weeks later than last year and the absence of…

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Grocery market sees Easter egg sales boost

There has been a surge in spending on Easter eggs by Irish shoppers. New figures from Kantar show in general, grocery sales in Ireland have slowed compared to 12 months ago. The data shows the market grew by 3.2% in the 12 weeks to March 24th.

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Who will protect the consumer after Brexit?

John Hearne offers insights on the post-Brexit landscape for consumers by looking at current protections for purchases made outside the EU. As uncertainty over Brexit continues, it’s impossible to be definitive about the level of protection that will apply when Irish consumers…

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Can food sharing initiatives reduce food waste?

More than half the world’s population currently lives in cities and it is there where most food is wasted – in supermarkets, restaurants, office canteens, private homes and even in gardens where unwanted fruit and vegetables go rotten.

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Event to bring retailers and Irish small food and drink producers together

The event, which is being run in partnership with Ireland’s Local Enterprise Offices, is open only to buyers from across the food industry such as supermarket groups, food wholesalers, retailers, independent fine food shops, and foodservice.

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Couple opens Ireland's first ever cashless coffee shop in Dublin

Ireland’s first ever cashless coffee shop has opened in Dublin. Bear Market Coffee, in George Street, is completely cash-free, which owners Ruth and Stephen Deasy say means staff can concentrate on providing a better customer service experience.

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Veggie ‘burgers’ could be renamed veggie ‘discs’

Veggie ‘Burgers’ could be renamed Veggie ‘Discs’ within the EU, following a recent European parliament vote on revisions to food-labelling regulations. The protected words could include steak, sausage, escalope, burger and hamburger, under a revised regulation…

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Dunnes on top as Tesco and SuperValu lag behind

Tesco and SuperValu underperformed against the rest of the grocery market in the 12 weeks to March 24. That helped Dunnes Stores retain its place as Ireland's biggest supermarket by market share, according to the latest figures from market researchers Kantar Worldpanel.

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Dunnes stores holds its place as Irelands largest grocer

Dunnes Stores sustained its strong performance and held its place as Ireland’s largest grocer for the seventh consecutive period. According to the latest grocery market share figures published recently by Kantar contrast to Aldi and Lidl, Dunnes’ growth has been driven by private…

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Tesco profits jump by almost one third

Tesco has reported a 28.8pc rise in full-year pre-tax profits to £1.67bn (€1.9bn). Revenue at the supermarket giant rose 11.2pc to £63.9bn (€74bn). In the UK and the Republic of Ireland, like-for-like sales grew by 2.9pc, helping generate revenue of £51bn (€59bn).

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Tesco hosts great Irish bake sale for Temple Street

Tesco stores across Ireland has announced that it will host the Great Irish Bake Sale today (Friday, 5 April) to raise funds for its national charity partner; Temple Street Children's Hospital. “Now in its fifth year the Great Irish Bake for Temple Street is a fundraiser that we are hugely…

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Tesco boss attributes competitor coupons snub to dip in Q3 and Q4 in latest results

Tesco’s Chief Executive, Dave Lewis has said that the 0.2% decline in Q3 and 0.4% in Q4 in terms of like-for-like sales was due to the groups decision to stop accepting competitor coupons. Commenting on the Supermarkets full year preliminary results 2018/19…

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Mandate to seek increase in minimum pay for Tesco employees

Mandate is to lodge a pay claim with Tesco on behalf of the 8,000 workers it represents. The trade union is seeking an increase in the minimum pay at the supermarket chain to €11.90 per hour. This is the living wage and is paid to workers at Aldi and Lidl.

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Kildare town Aldi gets a massive revamp

Aldi’s Kildare Town “Project Fresh” store has reopened its doors to customers following an extensive renovation project which has seen the store completely refurbished as part of Aldi’s €160m investment in its Irish store network.

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Lidl Ireland becomes first Irish retailer to offer customers recycling stations in-store

Lidl Ireland plans to become the first Irish retailer to offer customers in-store recycling stations nationwide. In a bid to reduce packaging waste bought in-store, Lidl has committed to introducing segregated recycling stations at the end of customer checkouts in all 160 stores across Ireland.

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KWWSPCA awarded €500 by Aldi’s Kildare Town store staff

Kildare and West Wicklow Society for the Prevention of Cruelty to Animals(KWWSPCA) is the latest charity to benefit from Aldi’s Community Grants programme.  Aldi’s Kildare Town store staff have awarded the charity a €500 grant in recognition of its tremendous work and to help…

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Spar retailers make large contribution to charity partner

Ahead of this year’s annual fundraiser, 65 Roses Day, in aid of Cystic Fibrosis Ireland, Spar retailers recently handed over a massive €564,547 donation to the charity for monies raised over the term of its two-year official partnership, which is intended to last for a long time to come.

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Warning insurance hikes will now shut humble family grocery stores

Family grocery stores are facing job losses and will have to push up prices, with others forced to close because of the squeeze on them from the insurance crisis. Community shops have seen premiums rise by an average 73pc in the last five years, a specialist in retail insurance has said.

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Maxol plans to invest €100m to transform from fuel to convenience retail model

Maxol has announced its plans to invest €100 million to transform its services stations from a fuel-driven business to a food service and convenience-led model across the country. “Maxol operates in an incredibly competitive market so we’re constantly looking at ways we can…

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Mothercare Ireland reassures customers, to open bigger Galway store

Mothercare Ireland has once again moved to reassure Irish consumers that it is a seperate entity to the UK business, which on Thursday reported sales data for its fourth quarter. The Irish operation, which has been in business for 26-years, stressed that none of its 14 stores…

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Vacant shopping centre bought by university for €8m as city campus

A vacant Dunnes Stores shopping centre in Limerick is to be redeveloped into a modern city- centre third-level college campus. The University of Limerick (UL) has purchased the reported “eyesore” building for €8m.

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IKEA to start serving salad grown at its stores

IKEA, the world's biggest furniture retailer, is preparing to serve lettuce grown in high-tech containers outside its stores as part of its efforts to improve its environmental profile. IKEA, which demonstrated one of the LED-powered containers at an event at a store in Kaarst…

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Morrisons is launching 20p paper carrier bags in all stores to reduce plastic waste

Morrisons is to sell 20p paper carrier bags in all stores by next month in a bid to reduce plastic waste. Based on customer uptake during an eight-week trial that took place across eight stores since January, the supermarket predicts the initiative will save an estimated 1,300 tonnes of plastic a year.

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Lucky number seven for Henderson Retail

Henderson Retail, owners of 86 SPAR and EUROSPAR stores across Northern Ireland, is celebrating a seventh consecutive year of team members excelling in customer service at a UK-wide awards event. Fiona Addis from EUROSPAR Ardglass, County Down picked up the Sales Assistant…

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Lidl continues strong growth in NI as sales take a leap of 6.8%

Discount supermarket chain Lidl is continuing its strong growth in the Northern Ireland grocery market as sales rose by nearly 7% over the last year. Information company Kantar said growth in sales at the German company in the 52 weeks to March 24 was the largest of…

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Tesco maintains solid growth in Northern Ireland

Latest data from Kantar shows that overall grocery sales in Northern Ireland grew by 1.2% in the 52 weeks to 24 March 2019, with Tesco maintaining its place as the country’s largest retailer. Douglas Faughnan, consumer insight director at Kantar, commented: “Tesco’s overall share…

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Belfast Tesco Metro 'to reopen and Primark cordon to reduce' as Zara resumes trading

As fashion retailer Zara resumes trading at its Belfast city centre store it's claimed the Tesco Metro reopening and a further reduction of the Primark safety cordon are not far off. The shop, along with 14 others, was forced to shut in the wake of the devastating Primark Bank Buildings…

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Furniture retailer to open new store

A Northern Ireland-based furniture retailer is to open a new store in Staffordshire this month. Starplan Furniture, represented by international real estate advisor Savills, recently acquired a new unit at Longford Island Retail Park, Cannock.

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