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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Nov 15, 2018 11:03:57 AM

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.

 

Household spending rises by 4% YOY, the fastest in four months: Visa Index

Irish Household expenditure was up +4.0% year-on-year, the fastest in four months following a modest rise of +1.5% in September, research shows. Halloween helped to boost Irish consumer spending in October, the latest Visa’s Irish Consumer Spending Index, produced by IHS Markit.

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Halloween sees spending index hit four-month high

Visa’s Irish Consumer Spending Index has highlighted a pick-up in momentum at the start of the fourth quarter of the year. Household expenditure was up +4.0% year-on-year, the fastest in four months following a modest rise of +1.5% in September.

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Generous Irish adults will buy 21 gifts for loved ones this Christmas

Generous Irish adults will buy a staggering 21 gifts this Christmas, and 1,323 throughout their adult life. New research has revealed how festive Irish people get, spending an average of 819 hours Christmas shopping between the ages of 18 and 81.

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Strong Q3 sales growth sparks hope for Christmas trading period: Retail Ireland

Retail sales values grew by 3.9% in the third quarter of the year compared to the same period in 2017, giving rise to positivity as retailers approach the crucial Christmas period, research shows. According to Retail Ireland's latest Retail Monitor report all retail…

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Irish shoppers believe retailers should do more to reduce plastic packaging: Nielsen

91% of respondents believe retailers should do more to reduce the amount of packaging used on grocery products a Nielsen survey finds. New research from Nielsen shows Irish people are willing to educate themselves when it comes to environmental awareness…

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Irish shoppers demand curb on unnecessary plastic packaging

Plastic reduction has been one of the themes of 2018 across all industries, and now a new survey by Nielsen reveals almost half of Irish shoppers either actively seek products with minimal packaging (48%), actively seek products in recyclable packaging (46%)…

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When is Black Friday 2018 in Ireland? Everything you need to know about the big sale

Now that November is upon is, Christmas shopping season is in full swing. And with Black Friday coming up, it's the ideal opportunity to nab some serious bargains on festive gifts, trimmings and party clothes. Whether you're hitting the high street or shopping online…

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Retailers ‘must digitise business’ as Black Friday attracts more shoppers

A third of Irish shoppers will spend more on Black Friday on November 23 and Cyber Monday on November 26 shopping events this year than last, with more than half of those willing to part with up to €500.

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Digital battle: Retailers competing against online shopping events Black Friday and Cyber Monday

Irish shoppers have embraced 'Black Friday' and 'Cyber Monday', eagerly participating in the traditional American shopping bonanza, according to research from global consulting group PwC. Black Friday is the informal name given for the day following…

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How are Irish shops faring in the online retail apocalypse?

About 50 per cent of Irish consumers shop online, according to Retail Ireland, a division of the employers lobby group Ibec. In the UK, it says, this is 80 per cent, which shows the headroom for change in the Irish market. A recent retail study from PwC said 38 per cent…

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Shop shakeout ‘to hit Ireland’

Many of the adverse trends leading to multiple closures of shops in the UK will likely accelerate in Ireland too, a retail researcher has said. Gordon Fletcher, of the University of Salford Business School, said the UK retail shakeout will affect Ireland and…

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Huge support for ban on advertising unhealthy foods and drinks to children, poll finds

More than 70% of adults are in favour of an outright ban on the advertising and promotion of unhealthy food and drinks to children, a poll has found. The Ipsos MRBI research, conducted on behalf of the Irish Heart Foundation, showed that just 26%...

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Cork Chamber launch gift card to promote more shopping amid car ban concerns

Cork’s largest business representative group has launched a new gift card to promote more shopping in the region. Cork Chamber’s Gift Card, which will be operated by the One4all multi-store gift card company, will be accepted by hundreds of retailers and businesses.

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The best Christmas markets in Ireland in 2018

It's the most wonderful time of the year - and time to get out and enjoy our brilliant Christmas markets. We just can’t get enough of the festive season and nothing says winter wonderland like a Christmas market. Whilst we’d love to be jetting off to Vienna…

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Aldi's Christmas advert 2018 sees Kevin the Carrot battle an evil parsnip

Aldi's Christmas advert takes a baffling turn as the second half shows Kevin the Carrot battling against an evil parsnip. The first half saw Kevin driving a van, which shocked fans as it seemed to be a very close version of the famed Coca Cola advert.

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Aldi continues €160m store investment programme

Aldi’s nationwide expansion continued today with the opening of a new flagship store at the revamped Frascati Shopping Centre in the heart of Blackrock. Ireland rugby stars Rob Kearney and Garry Ringrose took time away from preparations for this weekend’s…

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Ad of the Week: SuperValu’s Consider Christmas

Following the recent launch of its new ‘All things considered’ campaign, SuperValu and TBWA\Dublin have followed up with a new Christmas campaign that encourages customers to ‘Consider Christmas’.

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Offaly GAA Star officially opens new Lidl store in Offaly

Offaly LGFA Captain, Mairead Daly, was on hand today to officially open Lidl s new and improved store in Birr. The newly built store will create 10 new jobs within the locality. Customers can avail of 130 free parking spaces which will include a number of...

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Iceland turns heads with “banned” Christmas ad campaign

Forget what you thought you knew about Christmas TV ads. Iceland has stirred up controversy with its festive campaign, which it turns out cannot be broadcast on normal television due to it being in breach of political advertising guidelines.

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High street blues: M&S blames sales slump on 'difficult' Irish market

Retailer Marks & Spencer has described trading conditions in the Republic of Ireland as "difficult". The group also warned of a bleak outlook for sales growth overall as it reported a decline in half-year revenue but surprised the market with a higher profit figure.

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Marks & Spencer reportedly close to opening its first Limerick store

The UK-based Marks & Spencer is reportedly close to signing a deal for its first outlet in Limerick, according to the Limerick Leader. The retailer has announced expansion plans into the Irish market, hoping to launch a number of stores in the country as it expects…

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Lower prices key to M&S Ireland's food strategy

Boss Ken Scully is planning to appeal to a broader customer base as it battles disappointing results, writes Samantha McCaughren. In Marks and Spencer's Mary Street store in Dublin, Ken Scully, country director of the group's Irish operations, is showing how Christmas…

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Forecourt rebrand comes full circle

The rebranding of the Topaz chain of forecourt stores from Topaz to Circle K began in May this year. Jonathan Diver, senior director of retail sales and operations dealers, talks about the impact on the store network and their plans for 2019.

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Harvey Norman Black Friday sale 2018 in Ireland - everything you need to know about the deals

The Black Friday sale has become one of the busiest periods in the Harvey Norman calendar, overtaking Christmas and even the Harvey Norman Big Sale in January. It is a pre-Christmas sale where you can find the perfect gift, discounted; so what’s not to love?

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Currys PC World Ireland Black Friday 2018 sale launched early as retailer reveals 'Why Wait' deals

There may only be two weeks until Black Friday, but Currys PC World has launched incredible early deals on products already. Starting yesterday, the tech retail giant unveiled hundreds of price cuts across all categories including TVs, laptops, kitchen appliances…

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Smyths Toys kick off Black Friday deals for Irish customers two weeks early – here’s 11 of the best offers

Smyths Toys has kicked off their Black Friday deals two weeks early – with up to 50 per cent slashed off the price of popular toys. The popular toy shop’s Black Friday offers have already landed and are available instore and online now.

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Boots Ireland launches Christmas campaign celebrating uniqueness

Boots Ireland has launched its Christmas campaign, kicking off with a new TV ad which will be first aired during the X Factor live shows tomorrow night, November 10. The campaign was created by Ogilvy and is called ‘Get them something that says…you get them’…

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Ikea cools on opening more Irish outlets as it looks online

Swedish home furnishings giant Ikea is eschewing further expansion of its store network in Ireland, after a strong performance online following its entry a year ago into the ecommerce space. Ikea has over the past 18 months been closely linked with potential development…

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Ikea Ireland sales up over 7% to €181.5m

Sales at IKEA Ireland rose by 7.4% in the past year to reach €181.5m. The company said that 9.5% of sales were made online, a service the company launched less than a year ago. It noted that Dublin-based online shoppers were the biggest group for volume of online orders…

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Debenhams Ireland Black Friday 2018 sale and online deals date revealed

The Debenhams Ireland Black Friday 2018 sale date has been revealed. The deals will start from Tuesday, November 20, with discounts on the store's site from favourite brands from that day across beauty, womenswear, menswear and electricals.

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Primark profits rise despite like-for-like sales fall

Like-for-like sales at Primark fell 2.1pc during its last financial year, despite the chain securing a "significant increase" in its share of the total UK clothing market, according to owner Associated British Foods (ABF).

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Penneys owner blames 'unseasonable weather' for drop in sales

The owner of Penneys is blaming the weather for a fall in its annual sales. They were down 2.1% in the year to mid-September. Its stores in the eurozone suffered most. The retailer's chief executive has said trading in northern Europe was affected by three periods of…

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Superdry sales rise despite unseasonably warm weather

Superdry sales rose in the first half despite a run of hot weather hitting demand for its signature winter clothing. Group revenue rose 3.1% to £414.6 million in the 26 weeks to October 27, driven by wholesale and online growth, while in-store sales declined.

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JD and Champion top €110m sales

Combined revenues at the firms operating the JD Sports and Champions Sports brands topped €110m last year but profits fell. Following the purchase by UK firm JD Sports of Champion Sports seven years ago, between them, John David Sports Fashions Ireland…

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Woodie’s DIY owner benefits from Irish sales

Woodie's Grafton Group has reported a 5.5pc increase in like-for-like revenue for the four months ended 31 October. In Ireland revenue in the group's merchanting business increased 10pc during the four month period, while in the first ten months of this year revenue…

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Footfall in Belfast continues to plummet after Primark fire

Footfall in Belfast continues to plummet in the aftermath of the Primark fire. The retailer’s former store at Bank Buildings, a B1-listed building in the heart of the city centre, was badly damaged in a major fire in August.

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Primark to open Bank Buildings extension in December with new store coming in spring

Primark has confirmed it will reopen in Belfast on December 8 and will open a second new store in the spring. The retailer is to open its extension at the rear of Bank Buildings after August's devastating fire.

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Brand Max opens first Northern Ireland store at Connswater

designer clothes and homewares retailer Brand Max has chosen the Connswater shopping complex in east Belfast for its first Northern Ireland store. It has taken the anchor space vacated by Dunnes Stores in a 22,000 sq ft unit opposite The Range.

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