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Irish Retail At A Glance

Irish Retail At A Glance

Posted by Sanya Mittal on Jan 8, 2020 4:19:34 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.

 

€5bn Christmas splurge bigger than spend in Celtic Tiger boom

Boom-era spending will be eclipsed this Christmas as shoppers here splurge a record €5bn. Fatter paycheques and the highest number of people ever at work here will see households spend an average of €2,800 each in December - twice the amount they did…

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Irish retail enjoys Brexit breather after mixed 2019

The threat of a no-deal Brexit hung like a dark cloud over the Irish retail industry for much of 2019, weighing on confidence. The threat of a disorderly crashout may yet return in 12 months’ time if the UK’s trade talks with Brussels hit the buffers.

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Checkout's Top Christmas Ads for 2019

It’s that time of year again, where the grocery retailers and brands you love, go the extra mile in their efforts to encourage you to visit their stores, buy their products, and in the process, serve you a generous helping of that warm and tingly festive feeling.

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St Stephen’s Day sales – Thousands of shoppers to hit streets as sales competition sends retail prices into tailspin

Major stores like Arnotts, Brown Thomas and Debenhams open their doors — and are hoping for a post-Christmas boost. And experts say consumers can expect massive discounts in the sales as big-name stores compete for customers.

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Reeling in the year: highlights that impacted the grocery retail sector in 2019

A concerted push towards sustainable retailing practices, uncertainty over Brexit and the resurgence of Irish brands, were some of the top stories in the Irish grocery retail sector in 2019. Checkout highlights these and other standout moments for the sector during the year.

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Tesco gives vegan range a bit of Oumph!

Tesco has joined a number of other retailers in expanding its vegan offering for Veganuary, bringing out a new product from the Swedish meat substitute brand Oumph! Sticky Smokehouse Oumph! – which is rib-style fillets covered in a richly flavoured sticky…

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Nationwide roll-out of charge points for electric vehicles, 52 locations

Tesco Ireland, in partnership with ESB, has announced the rollout of dual outlet electric vehicle chargers which will be installed at 52 of its store carparks spanning 18 counties nationwide.  The new electric vehicle charging sites will allow Tesco customers to easily charge…

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PTT retail unit plans to bid for Tesco’s Asia business: sources

The retail unit of Thailand's biggest energy company PTT plans to bid for Tesco Plc's Asia businesses, competing with other Thai corporate heavyweights for the operations worth up to $9 billion, people familiar with the situation said.

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Society of St. Vincent De Paul receives €5,000 Aldi boost for work in Kildare

The Society of St. Vincent De Paul had a bright start to the New Year, as the charity received €5,000 in vouchers from Aldi Ireland this week to assist in the invaluable work they do in the Kildare community.

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Aldi staff plant 16,000 trees to launch woodland initiative

Aldi staff gathered at Rockfield, Limerick recently to plant 16,000 plant Oak, Birch, Hazel and Alder trees to launch Aldi’s commitment to planting a further 100,000 new trees over the next five years. The new plantation of native Irish woodland will help…

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Lidl Ireland to remove cartoon characters from cereal packaging

Lidl Ireland has announced plans to remove cartoon characters from the packaging of its own-brand cereals by the spring of this year. The retailer said that it will replace cartoon characters from the Crownfield line of cereals with a new, cartoon-free branding.

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SuperValu launches new recyclable packaging on ready meals

SuperValu has launched new recyclable packaging on its ready meals will result in 35 tonnes of black plastic being removed from circulation each year. SuperValu Superquinn sausages, will also benefit from new recyclable packaging this month as black plastic…

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Debenhams faces uphill battle for survival as store closures loom

Debenhams has had an annus horribilis. Once the main fixture in dozens of town centres, the department store chain is on life support after falling into the hands of its lenders earlier this year. It hopes that enough shoppers came through the doors in the run-up…

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Fallon & Byrne closes Rathmines branch

Restaurant, food shop and wine bar group Fallon & Byrne has recently closed its outlet in the Rathmines. Located in the Swan shopping centre, the 10,000 square foot food hall and restaurant was the firm's biggest outlet in the Irish capital.

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M&S names former Tesco executive as interim finance chief

British retailer Marks & Spencer on Friday named former Tesco executive David Surdeau as its interim chief financial officer, temporarily filling a void left by the departure of Humphrey Singer. Surdeau, who spent 15 years at Tesco, Britain's biggest retailer…

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Brown Thomas the main attraction on Grafton Street as early risers hit the Stephen's Day sales

around 150 people had gathered outside the main entrance to Brown Thomas on Dublin’s Grafton Street a few minutes before 9am as one of the most popular winter sales events of the city kicked off today.

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Nestlé announces new share buyback programme

Nestlé S.A. has announced plans to launch a new share buyback programme of up to CHF20 billion (€18.40 billion). The food giants programme, scheduled to commence on or after tomorrow (3 January 2020), will close by the end of December 2022.

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Coca-Cola acquires value-added dairy products company

The Coca-Cola Company has announced that it has acquired 100% stake in Fairlife LLC, a Chicago-based manufacturer of value-added dairy products, for an undisclosed amount.Coca-Cola had previously acquired a 42.5% stake…

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Northern Ireland economy lagging behind UK for past 20 years

Northern Ireland’s economy has been consistently behind the UK as a whole over the last 20 years, figures have shown. And 2018 output here has also taken a hit from the loss of tobacco giant JTI Gallaher’s and tyre maker Michelin, which have both shuttered…

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Northern Ireland retailers to ring in £24m bonanza with Boxing Day sales

Northern Ireland shoppers are expected to spend £24m in the Boxing Day sales - handing retailers a much-needed boost. Today has traditionally been one of the key dates in the retail calendar. And while there has been a decline in footfall in recent years, tens of thousands of…

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