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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Manikandan Anbukkarasu on Mar 13, 2019 2:42:04 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 face-to-face spending falls 3.9% in February

Irish consumer face-to-face spending fell by 3.9% in February, research shows. Research has shown a decrease in consumer spending for a second time in the past three months during February. “While the likes of the Hotels, Restaurants & Bars (+6.7% year-on-year) …

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Irish people 7th in the world for consuming energy drinks

Irish people are among the biggest consumers of energy drinks on the planet despite health concerns over their sugar and caffeine content. Euromonitor International have revealed that sales of the drinks have continued to rise last year. Safefood warned…

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Drop in retailers using third party marketing channels

Use of third-party platforms like Amazon, eBay and Google has dropped amongst the UK’s top 250 retailers, according to a new study. The statistics were included within an annual retail performance index carried out by e-commerce and digital agency, Visualsoft…

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Slovenia and Ireland lead growth in Eurozone retail sales

Retail sales in the Eurozone rose in January, giving hope that the sector might have moved on from a disappointing December. A bulletin from statistics agency Eurostat said that sales in the 19 countries that use the euro were up 2.2% compared to the previous January…

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Retailers reap benefits of ‘Dining In’ trend this Valentine’s day

As Valentine’s day fell mid-week on a Thursday, many retailers in Ireland reaped the benefits of the ‘dining in’ trend on the 14 February this year. As most retailers had meal deal offers, sales of chilled ready meals and chilled pizza showed growth of 10% across all the…

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Valentine's day boosts Irish grocery market

Sales of wine, chocolate and convenience foods received a Valentine's Day boost in the past three months. According to the latest Kantar Worldpanel survey of supermarkets, wine sales increased by 17%, the amount of chocolate purchased was up by 10%...

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Wine and chocolate sales soar as Valentine's rush sees bumper February for supermarkets

Grocery sales increased by 3.5% in the latest retail period thanks, in part, to a bumper Valentine’s trade which saw the sale of traditional gifts surge. Traditional Valentine’s Day luxuries such as chocolate and wine received a boost and it was Dunnes…

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Online shopping after Brexit: Higher prices, slower deliveries

Rocketing prices, customs hold-ups, delivery delays, obstacles to returning unwanted purchases and a dramatic curtailment in the retail choices and rights available to Irish consumers are just some of the problems online shoppers here may be…

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Career concerns “hampering retail recruitment”

A new Jobs.ie survey has revealed that recruitment and employee retention are two major challenges faced by Ireland’s retail sector today. Over four in five (83 percent) retail employers in Ireland view recruitment as a challenge for their business with a further…

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Retail excellence announces new chair and vice-chair

Retail Excellence has announced that it has appointed Joe Barrett, COO and co-owner of Applegreen, as its new chairman. Barrett will succeed J.P. Kennedy (managing director of Tilestyle) as chairman of the Retail Excellence Board when he retires on 1 July…

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Taste of Dublin 2019, inspired by Neff, is a go!

Taste of Dublin, inspired by NEFF, is back for its 14th and most innovative year yet from 13 – 16 June 2019. Across these four days in Dublin’s Iveagh Gardens, visitors can enjoy world class dining from some of Ireland’s greatest and hottest restaurants…

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Millennials revealed as least loyal shoppers

Almost half (45%) of UK millennials (broadly accepted as 23-38-year olds), admit to being less loyal to retail brands than they were a year ago, research reveals. A survey of 4,000 UK and US consumers conducted by retail operations platform, Brightpearl…

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Dunnes retains top spot as Ireland’s largest grocery retailer

Dunnes Stores has secured its position as Ireland's leading grocery retailer the latest figures from Kantar Worldpanel shows. “For the seventh consecutive period Dunnes was Ireland’s largest retailer, posting sales growth of 3.8%," said Douglas Faughnan…

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Tesco honours six historic Irish women for International Women's day

Tesco Ireland has partnered with the Women’s Museum of Ireland to shine a light on inspirational women of Ireland in celebration of International Women’s Day, with a special installation across its stores on Friday 8th March. The Irish arm of the UK retailer…

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Musgrave 'In the running' to acquire Java Republic

Musgrave Group is reportedly in the running to acquire Java Republic. The deal between the grocery and wholesale company and artisan roasted coffee and hand-crafted tea maker could be worth in the region of €30 million, reports The Sunday Times…

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Retailer Primark moving more than 200 UK-based staff to Penneys Dublin HQ to merge different arms of business

The company - owned by Primark in the UK - has said it will merge its Buying, Merchandising, Design, Quality and Sourcing operations. Some 200 of Primark's UK employees will make the move to the international retailer's Dublin HQ…

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IKEA fans get ready – Danish rival JYSK has released the location of their first Irish store

Danish home retail brand JYSK will open its first Irish store in Naas, Co. Kildare next month as it forges ahead with plans to launch 15 stores here over the next two years. The Naas store is located at Unit C, Naas retail park in Jigginstown and will open on Tuesday…

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Domino's Pizza plans 25 more Irish outlets

Domino's Pizza is planning to open a further 25 take-away outlets in Ireland in the coming years. The quick-service restaurant chain opened one Irish outlet last year, bringing its total stores here to 50. Last year, Domino's acquired a 15% stake in its main Irish franchisee…

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Womenswear company LK Bennett collapses

Womenswear retailer LK Bennett has collapsed into administration, putting jobs at risk. The high-end retailer has 41 outlets in the UK, including two in the North, and five in the Republic, including concessions. It operates within the Brown Thomas store on Grafton…

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Oasis adds new strapline as part of brand refresh

Oasis has added a new strapline as part of a brand refresh its chief executive says is aimed at “staying in tune with the customer”. Boss Hash Ladha – who took over from Liz Evans as Oasis chief executive in October last year – told Retail Week that Oasis...

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BRC meets negotiators to address impact of no-deal Brexit

The British Retail Consortium and Northern Ireland Retail Consortium have met with the European Union’s Article 50 negotiation team to discuss the impact of a no-deal Brexit on retailers and consumers. Issues addressed included non-tariff barriers, data flow…

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Brexit: NI consumer faces 'dip in living standard'

Consumers could face rising costs post-Brexit; a retail expert has warned. NI Retail Consortium director Aodhán Connolly said a no-deal Brexit would mean a rise in household costs. Speaking on BBC Radio Ulster's on Your Behalf, he said he had heard of a small…

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North reports fifth consecutive month of footfall growth against backdrop of overall UK decline

The north was the only region in the UK to report an increase in retail footfall last month, according to the new Springboard figures. Footfall in Northern Ireland grew by 0.2 per cent in February, the fifth consecutive monthly increase, although the figure…

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Wayfair extends free UK delivery after ‘rip off’ surcharge campaign

Wayfair has extended its free UK delivery policy to Scotland and Northern Ireland in response to activist pressure. The US retailer will now offer free delivery on orders over £40 and a standard delivery fee of £4.99 in the two UK countries, according to a politician…

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Topics: retail irish news, retail trends, retailnews, retailers news, retailers ireland