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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Durga Vemula on Sep 11, 2019 2:26:59 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 shoppers keep spending in face of Brexit

Consumer spending has been surprisingly resilient in the face of Brexit, a tax expert has said as figures show that VAT receipts are up on last year. Peter Vale, a partner at Grant Thornton Ireland, said that the VAT take would probably fall if the UK left the European…

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Volume of retail trade down 0.6% in euro area in July: Eurostat

The seasonally adjusted volume of retail trade declined 0.6% month-on-month in July in the euro area, according to latest data from Eurostat. The EU28 witnessed a 0.5% month-on-month decline in the volume of retail trade during the same period.

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'The outlook is bleak': Irish retail group will meet UK MPs amid no-deal Brexit fears

A group representing Irish retailers is set to meet with MPs in the UK this week amid fears of the effects that a no-deal Brexit would have on their business. Retail Excellence has also asked the government if it would consider seconding a staff member…

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No more burgers and coke? Climate fears hit meat and drink sales

Consumers worried about the environment are cutting their spending on meat and bottled drinks and trying to reduce plastic waste, and this trend is set to accelerate as climate concerns mount, a global survey showed on Tuesday. About a third of people surveyed in 24 countries in Europe…

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Using customer experience to drive profits to be explored at new event

Utilising enhanced customer experience initiatives to drive business profits will be the topic under the spotlight at an event later this month in TU Dublin. The event will be hosted by CP2 Experience, a specialist customer experience consulting and training company...

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Irish GDP Growth Projections Downgraded following impressive 2018

EY has revised downwards its economic forecast for Ireland on the back of weaker global outlook, following impressive GDP growth of 8.2% in 2018. EY now predicts GDP growth of 3.7% in 2020 (down from 3.3%), and a growth of 3.7% in 2019 (down from 4.1% in June).

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Shortlist for IQFA Awards announced

The shortlist of nominees for the 2019 Irish Quality Food & Drink Awards is now available, comprising the finest food and drink products from every corner of the country. The complete shortlist is available on the awards website. Overall winners will be announced at a special…

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Locals recognised for retail excellence in Awards

Moran’s Centra, Coleraine has been recognised for its retail excellence, having been shortlisted for four coveted awards at Ireland’s Forecourt and Convenience Retailer Awards 2019. The store has been shortlisted in the ‘Forecourt Retailer of the Year’, ‘Best Food To Go’…

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Lidl renews deal to sponsor Virgin’s Gogglebox

German discounter Lidl has again signed up as sponsor of Gogglebox Ireland which airs on Virgin Media One at 9pm from next Wednesday, September 11. With season five’s return, viewers can expect plenty of laughs, strong opinions and the occasional tear as the nation’s favourite…

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Restrictions on some stores gives rivals competitive edge; Aldi

German-based discount supermarket Aldi has said that restrictive opening hours and delivery times imposed on its supermarkets have given an advantage to the retailer’s rivals. According to the Sunday Business Post, a spokesperson for Aldi said that it has faced a…

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Longford children play leading role in Aldi Community Games National Festival

The National Festival was the final event in a successful third year of Aldi’s sponsorship of Community Games, which aims to introduce young people to a variety of sports, cultural activities and encourage healthy and active lifestyles.

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Spar teams up with Republic of Ireland

Spar recently teamed up with the Republic of Ireland senior international team to offer four lucky school children, and four of their closest friends, the opportunity to meet with and be trained by some of their Ireland heroes.

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Gala commences search for Ireland’s Most Inspirational People

Gala Retail has joined forces with the Sunday Independent to launch the first-ever Sunday Independent/Gala Retail Inspiration Awards, searching for Ireland’s unsung heroes who make Ireland a better place with their selfless acts and inspirational deeds.

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Share index relegation a sign of the times for once mighty M&S

Marks & Spencer chairman Archie Norman has said he is unperturbed by the British retailer's share price slide, with his focus on the long term, but relegation from the prestigious FTSE 100 index is a symbol of its decline. The 135-year-old food and clothing high street retailer…

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Woodie’s raise funds for local heroes

Staff at Woodies's Wexford have raised almost €9,000 for charity after four weeks of dedicated fundraising. Part of the nationwide Woodie's Heroes campaign, the 30-strong workforce organised jumble sales, a carboot sale and raffles as they sought to donate funds…

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Lidl and Sports Direct to open in Buttercrane, Northern Ireland

Grocery retailer Lidl and large sporting goods retailer Sports Direct will be opening their doors at the Buttercrane Shopping Centre in 2020, subject to planning. Lidl will be taking a 25,000 sq ft unit in the centre which was previously occupied by Easons as well as part of the former M&S space.

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Northern Ireland economy 'enters or is entering' recession

It suggests Brexit-related uncertainty underpinned the fall in private sector output in August. Every month the bank asks local businesses about things such as staffing levels, exports and new orders. It is considered a reliable barometer of private sector activity in Northern Ireland.

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Northern Ireland’s first eCommerce awards launched

The inaugural Northern Ireland eCommerce awards, which will be the first ever dedicated opportunity to celebrate achievements across the entire eCommerce industry, is now open for entries. The awards ceremony, which will take place on 24 October at…

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Job loss fears over reports Dunnes to close Northern Ireland store

Fears have been expressed for the future of the Dunnes store in Larne amid speculation the retailer is to close its town centre outlet. A source told this newspaper that staff had been informed that the branch was set to close its doors in a matter of weeks, putting them out of a job.

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