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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Manikandan Anbukkarasu on Feb 13, 2019, 12:06:13 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.

 

Retail sales increase despite fall in footfall

Retail sales figures in the fourth quarter of last year have shown an increase, despite a fall in footfall, research shows. Sales values grew by 2.7% in the fourth quarter of last year compared to the same period in 2017, hitting the pre-Christmas industry growth targets…

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Irish consumer sentiment lifted by post-Christmas sales, jobs news

Dublin (Reuters) - Irish consumer sentiment improved slightly in January as a seasonal Christmas effect and positive jobs news offset concern around the possibility of Britain crashing out of the European Union without a deal…

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'Veganuary' influenced what we put in our shopping baskets last month

Following a record spend on groceries in December, Irish shoppers started off the new year with good intentions as new figures show a rise in the sale of fruit, vegetables and plant-based milk in the last month. The latest Kantar Worldpanel…

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Retail challenge: Changes to shopping habits mean there are testing times ahead

Supermarket sales rose by 5.3pc in the final three months of 2018, buoyed by rising employment and wages that helped contain the shift to online. However, discounting in the run up to Christmas has slowed overall retail growth…

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‘Huge Growth Opportunities’ for retailers and brands as online FMCG sales accelerate

A new report from IRI highlights new growth opportunities for FMCG retailers and manufacturers online, and reveals eight key trends in FMCG e-commerce, including one-click ordering, shopping by smart home device and the…

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Irish retailers see digital technology as essential to customer service and long-term success

The vast majority of Irish retail leaders (79 per cent) believe that putting customers first will determine their long-term success, while a similar amount (84 per cent) cite ‘trust’ as an important factor for maintaining strong customer relationships…

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Dublin sees retail space resurgence – report

Dublin city centre is undergoing a resurgence in investment in high end retail space, a new study has found. The research by BNP Paribas Real Estate Ireland (BNPPRE) shows Grafton street, Henry street and Mary street areas are…

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Ireland's attractiveness for retail investors falls in fourth quarter

Ireland's retail market for has become far less attractive for global investors, according to a new report from German firm Union Investment, an investment arm of DZ Bank Group. Its Global retail attractiveness Index saw Ireland's score drop…

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Tesco appoints Christine Heffernan as group Communications Director

Christine Heffernan will join Tesco’s executive committee as group communications director from 1 March 2019.Heffernan most recently worked as executive director to Group CEO Dave Lewis. Prior to that, she spent five years as director of corporate affairs in Tesco Ireland…

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Tesco Irish subsidiary reduces share capital by almost €1bn

One of Tesco's Irish subsidiaries has reportedly reduced its share capital by almost €1 billion. The move has been put in place to 'facilitate the declaration and payment of a dividend' to its parent company, reports the Sunday Business Post…

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St. Patrick’s Festival announces new cultural partnership with Tesco

St. Patrick’s Festival has announced a new two-year cultural partnership with Tesco Ireland entitled 'Tesco Finest - A Celebration of Irish Culture'. The programme partnership will feature a diverse range of events, many of which will take place…

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Dunnes wins in two categories in European Private Label Awards

Irish retailer Dunnes Stores was named as the category winner in two categories in the second-annual European Private Label Awards (EPLAs), organised by ESM: European Supermarket Magazine in association with M.A.D.E. Dunnes…

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Dunnes retains its position as Ireland’s top supermarket: Kantar Worldpanel

Dunnes Stores has retained its position once again as Ireland’s leading supermarket, following a ‘recording-breaking’ festive period, with year-on-year sales growth of 3.4% for the industry. The Irish retailer secured 23.1% of the grocery market share…

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Aldi extends sponsorship of Angus all Ireland Bull Calf Championships

Discount retailer Aldi has announced that it has agreed to a new deal to continue as the lead sponsor of The Aldi Irish Angus All Ireland Bull Calf Championships until 2022. The German-based retailer will join ABP Ireland and the Irish Angus Cattle Society as sponsors for the…

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Kildare Centra store named best convenience store in Ireland

Cross’ Centra in Kilcullen has been named the best Convenience Centra store in Ireland for 2019. The store received the much-coveted accolade at the Centra National Conference, which took place at the Great Southern Hotel, Killarney…

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Iceland considering bid for Sainsbury's/Asda stores post-merger

Frozen food retailer Iceland is reportedly considering bidding for any stores rivals Sainsbury’s and Asda may be required to sell in order to complete their merger. Speaking to the Financial Times, Iceland managing Director Richard Walker said…

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Maxol’s IURU rugby tournament takes place in Belfast

Maxol has marked its 27-year partnership with Irish Universities Rugby Union tournament, one of the longest-running sponsorships in the game. The aim of the tournament is to promote the growth of rugby in third level institutions, by maximising opportunity, participation…

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Top Oil takeover confirmed by Canadian giant

Historic Canadian oil and gas company Irving Oil has completed its acquisition of Tedcastle group, the Irish company better known as Top Oil. The agreement between the two companies was first announced last summer, with a large number of conditions of sale… 

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Retail rents on Grafton Street and Henry Street spark debate

Prime Dublin high street retail market rents fell in the last quarter of 2018 according to the latest MSCI Property Index, the authoritative monitor of the Irish property and investment markets undertaken in conjunction with…

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Retail footfall jumps by a quarter at Connswater Shopping Centre, creating over 100 jobs

More than 100 jobs were created at Connswater Shopping Centre last year on the back of a footfall upturn of over a quarter. New figures from owners, Alfred street properties, show that 105 jobs were created at the Belfast complex in 2018…

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Retail NI meets minister over rates reform

Glyn Roberts, Retail NI chief executive, said: “We left the permanent secretary and her officials in no doubt as to how bad the situation is in regard to our broken and antiquated system of business rates in Northern Ireland. “Independent retailers…

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Lidl's share of Northern Ireland grocery market is up again as it 'makes strong inroads

Lidl is chipping away at Northern Ireland's top three grocery retailers, increasing its capture of the market by 0.4% over the past year, according to new figures. The Kantar Worldpanel Market Search survey for the 52 weeks…

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Retail rates uncertainty overshadows positive footfall

Northern Ireland continued to buck the UK retail trend in January as footfall in Northern Ireland continued to increase in January, but Brexit and the issue of business rates is causing concern an industry body has claimed. The 3.9% increase…

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Hundreds of retail jobs in danger as high street bloodbath continues

Hundreds of South West retail jobs are still under threat as it emerges 9.4% of the region’s shops are now closed and footfall in shopping centres is dropping. The UK’s beleaguered high streets have seen nearly 20,000 jobs lost or put in…

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Topics: irish retailers, irishretailnews, Retail Ireland, Retail News Ireland, retailers ireland