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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Lillian Wayne on Jun 12, 2019 12:41:59 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.

 

Major Irish retailers working to reduce packaging

Irish retailers are trying to reduce packaging and replace plastics, while some are trying their hand at unpackaged items and refill stations. Several of Ireland’s large retail companies have been presenting plans to make their existing packaging more environmentally…

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Global dairy prices fall for second consecutive month

Global dairy prices fell for the second time in a row at the latest auction held today (Wednesday 5th June), after previously experiencing ten consecutive increases. The drop was due to strong supply as prices eased off after a long rally at the beginning of the year…

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Study suggests risk-taking increasing in retail sector

Growing pressure on the retail sector could increase risk-taking in the supply chain, data in a new report suggests. With thousands of shops closing in 2018 and high street brands hitting the headlines, if retailers are not able to manage the trade-off between…

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Repak survey reveals Irish attitudes to companies and recycling

96% of people are more inclined to shop or engage with a company that has been rewarded for tackling climate change. The figure is part of the results of a survey launched alongside the 2019 Pakman Awards, powered by Repak, which is searching for…

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Minister opens second call for €1.25m fund for Irish retailers

Minister for Business, Enterprise and Innovation, Heather Humphreys yesterday announced the second call of the Enterprise Ireland pilot Online Retail Scheme which opens for applications on Wednesday, 19 June 2019.  The €1.25m fund is targeted at online retailers…

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Strong majority feel cashless society will leave behind societal groups

Over 88% of people believe the move towards a cashless society will leave behind a significant cohort of Irish people, according to recent research undertaken by the Dublin Mint Office. The Dublin Mint Office poll questioned 562 people on whether they…

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For business, no win-win as Irish consumers push back against price increases

The personal sector is a significant component of the Irish economy and its consumption behaviour has a big effect: If the consumer is not spending, then the economy will not perform and jobs will be lost. Consumer behaviour is driven by real economic and financial…

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Counterfeiting and piracy cost Ireland €900m in lost sales

Counterfeiting and piracy are resulting in estimated annual sales losses of more than €900 million in Ireland, according to an EU report released on Thursday. Analysis of 11 key business sectors, as part of a wider report by the European Union Intellectual Property Office (EUIPO)…

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Sustainability, 'Blue Planet' and guilt: Our new way of shopping

As the second country to declare a climate emergency, Ireland is once again on the global stage when it comes to social and political issues and - as always - many citizens will voice their thoughts on the matter with their debit cards. When the same device can be…

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Supervalu celebrates its 10th year as GAA partner

SuperValu, one of Ireland’s leading retailers, has launched its 10th year as a sponsor of the GAA Football All-Ireland Senior Championship. In announcing the news, the retailer also revealed that it will contribute over €2.6 million to the GAA and GAA Clubs across…

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SuperValu introduces five new gin brands to celebrates World Gin Day

SuperValu has introduced five new gin suppliers to its shelves around the country to celebrate World Gin Day, which takes place today, Saturday 8 June. In addition, the retailer is also launching a gin sale which will run in-store and online from Thursday 6 June – Wednesday 3…

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Dunnes Stores loses appeal over €36.5m plastic bag levy

Dunnes Stores has lost its Supreme Court appeal concerning the validity of laws under which the Revenue Commissioners later raised tax assessments of €36.5 million on the supermarket chain concerning certain plastic bags. The five-judge court, while critical…

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Applegreen named official coffee partner at Taste of Dublin

For the second year running, forecourt retailer Applegreen has been confirmed as Official Coffee Partner for this year’s Taste of Dublin festival. The company said that the partnership showcases its commitment to offering “the best coffee on the road”. Taking place this…

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Boots Ireland delivers profit growth in 2018 despite adverse weather

The Irish arm of Boots has reported pre-tax profits of €24.1 million in 2018, it has been reported. According to the Irish Independent, the group’s recent accounts show that its profits rose by 2% in the 12 months ending August 2018. The company said it delivered…

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Ocado invests in “vertical farming”

While the competition in online grocery shopping slowly builds, as it has done in recent years, the major brands continue to diversify and invest in order to improve their central product. Online supermarket retailer Ocado has announced two “complementary investments…

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Losses soar at Debenhams in Ireland

Exceptional costs at the Irish arm of the troubled retailer Debenhams contributed to its pre-tax loss soaring to over €20.6m last year. New accounts filed by Debenhams Retail Ireland Ltd, which operates 11 stores in the Republic, show that the company posted…

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Profits at Irish arm of Argos jump 60%, but revenues fall

Pre-tax profits at the Irish arm of British catalogue retailer Argos jumped nearly 60% last year, new figures show. Newly-filed accounts for Argos Distributors (Ireland) show a 57% rise, to €8.45m, in pre-tax profits for the 12 months to March 2018. Revenues, however…

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Danish retailer JYSK to open three more Irish stores this summer

It comes after the firm - considered a competitor to Ikea, but with smaller stores - opened its first Irish store in Naas earlier this year. Its second Irish outlet will open in Drogheda on July 4th, followed by a store in Navan three weeks later on July 25th. On August 8th

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Waterford Retail Park to lead the way in sensory-friendly shopping

Waterford Retail Park is leading the way in sensory-friendly shopping to make store visits easier for people with autism and other sensory difficulties. The project is set to be launched in Waterford this weekend. Initiatives will include the availability of peaked caps…

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First ever Changing Places facility installed at Dundrum Town Centre

This is following a €120,000 investment and the official opening of the new, fully accessible toilets. The new facility is different to standard accessible toilets and designed to enhance the health, safety, comfort and dignity of someone who may need extra support…

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Ashleaf centre given a €10.75m price tag

The Ashleaf Shopping Centre in Crumlin in south west Dublin has come to the market with a €10.75m guide price. The sale includes retail, office units and a pub but does not include the anchor store, which is owned and operated by Dunnes Stores…

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Town in line for huge retail boost

Tralee town could be in line for a major jobs and retail boost with news that four prominent high street retails chains are eyeing up the county capital for new stores. The exact identity of the four businesses - or the units they are considering - hasn't been revealed…

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Sales growth for Lidl in Northern Ireland though Tesco still holds number one spot

German discount supermarket Lidl has continued to grow its market share in Northern Ireland - and has a bigger slice of spending here than it does in Britain, according to a report. Statistics from information service Kantar said the retailer had increased its market…

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