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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Lillian Wayne on May 15, 2019, 2:16:26 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 retail sales value grows 4.7% in first quarter

Irish retail sales values grew by 4.7% in the first quarter of the year when compared with the same period in 2018, aided by a 'mild late winter' and 'early spring', research showed. While these figures are robust, it must be highlighted that in this period last year…

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Brexit not having a significant impact on consumer savings, survey find

88% of people feel that Brexit is not having an impact on their saving decisions, a survey has found. The Bank of Ireland/ESRI Savings and Investment Index for April shows that Brexit is having more of an impact on saving behaviour in border areas and in Dublin…

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4 in 10 adults 'plan to change their off-trade alcohol' intake this summer

Almost 4 in 10 (38%) adults who consume alcohol claim they plan on changing their off-trade alcohol consumption patterns over the course of this summer. Central to the research, which was conducted amongst a nationally representative sample…

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Lift on Good Friday alcohol ban sees sales surge by 5.3% YOY

With the alcohol ban on Good Friday lifted, Nielsen reported a 5.3% surge in alcohol sales this year, compared to 2018. Irish shoppers spent €34.6 million on alcohol in the week leading up to Easter, the report showed. The recent data showed that cider sales increased by 33.4%...

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Influencers have very little influence on Irish shoppers, survey shows

So-called “influencers” and celebrities have very little impact on how Irish people shop, a new survey suggests. Just seven per cent of Irish shoppers are influenced by influencers in their purchases and that figure drops to 1 per cent for those who…

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Bord Bia named RepTrak’s most highly regarded organisation in Ireland

The Irish food board topped the poll with an Excellent Reputation Pulse score of 83.5, and was one of five Irish companies in the top 10, alongside the IRFU, Tourism Ireland, Aer Lingus and Dublin Airport. Some of the companies that made the biggest moves…

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Big win for Tesco Ireland at 2019 FreeFrom Awards

The 2019 FreeFrom Awards event took place on 10 May at the Grand Hotel in Malahide, recognising the achievements of producers and retailers in the rapidly-growing field of free-from products. Tesco Ireland won in three of the major categories…

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Aldi launches their own gin festival

Gin lovers will get the opportunity to purchase from a massive range of unique and incredible gins during the event, which promises to have something for everyone's taste. Aldi’s Gin Event is launching in 137 stores nationwide from Sunday, 26th May…

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Lidl to keep investing after sales rose in 2018

Germany’s Schwarz Gruppe, the owner of discount retailers Lidl and Kaufland, said on Monday its sales grew 7.4% in 2018 and that it planned to keep investing heavily despite a challenging environment…

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Chris Martin to retire as Musgrave CEO

Musgrave CEO Chris Martin has announced he is to step down from his role. Martin, who was made CEO in 2005, oversaw significant expansion in his 14 years at the helm, including last year’s acquisition of the Donnybrook Fair group of high-end grocery stores…

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Musgrave posts €84.5M profit for financial year 2018

Musgrave today (10 May) announced that its turnover for 2018 was up 3.8% to €3.9 billion and its profit before tax showed a 5.6% increase to €84.5 million, compared to the previous year. Net assets were €410 million, an increase of €79 million on 2017…

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Musgrave considers standalone coffee shop chain

SuperValu owner Musgrave is eyeing the potential roll-out of a standalone coffee shop chain as part of its expansion plans. Expansion could also see the group grow its Donnybrook Fair store network as well as ongoing store openings across…

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Londis provides water for Darkness Into Light

Londis retailers have announced that it has teamed up with Pieta House to ensure those taking part in this year's Darkness into Light 5km walk are 'kept hydrated' and will be providing water at 115 venues around Ireland…

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Holland & Barrett bans wet wipes to save the environment

A major health retailer will stop selling wet wipes in its Irish and UK stores from the end of September to help to reduce the damage they cause to water systems and the environment. Wet wipes have become a major environmental problem in the past decade…

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Fashion store Superdry looks to close stores as profits nose-dive

Fashion chain Superdry has issued yet another profit warning after its sales crashed leaving the company's new management to push ahead with a shake-up of the business – which could include store closures - as it looks to save £50million…

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Amazon take on click and collect with clothing chain Next

Amazon has teamed up with clothing chain Next to offer a network of stores where the online retail giant’s UK customers can collect their parcels. Seeking to capitalise on the growing popularity of click and collect services, Amazon is offering delivery to…

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Party City rises to the occasion at Liffey Valley

Party City, the largest retailer of party goods in the US with nearly 900 stores, is set to open its first European retail outlet in Ireland. The New York Stock Exchange-listed company will open the flagship store on June 8 in the Retail Park Liffey Valley, Co Dublin. It will employ 30 people…

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Northern Ireland economy weakened over past quarter, says Ulster Bank

The bank conducts a monthly survey of private sector activity in what is considered a reliable indicator of the economy. April saw a contraction in new orders, exports, employment and overall output. That follows a fall in output in March and a weakening…

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Northern Ireland hospitality sector calls for fairness in licensing law changes

The head of Hospitality NI has called on the Government to play fair with local pub and restaurant owners as it plans to change licensing laws in time for this July's Open Golf Championship in Portrush…

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Topics: irish retail, irish retail news, irish retailers