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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maëlle Le Ruyet on Jan 17, 2018 4:58:52 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.

 

Healthy eating still unaffordable for many consumers, research shows

While health and well-being is likely to be at the forefront of most consumers thoughts at the moment, almost 6 in 10 (59%) adults don’t believe that retailers are doing enough to make healthy food more affordable.

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Irish grocery shoppers spent an extra €90m over Christmas

The latest grocery market share figures from Kantar Worldpanel in Ireland, published today (15 December) for the 12 weeks ending 31 December 2017, revealed that shoppers spent an extra €90 million on groceries over the festive period.

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Retail Excellence to represent Irish retailers on Global Retail Council

Retail Excellence, Ireland’s largest retail representative body, will tomorrow (Saturday 13) represent Irish retailers at a global meeting of retail representative bodies in New York, USA. The Forum for International Retail Association…

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'Retailers are the modern-day dictators abusing their power to accumulate vast profits', says IFA President

This year will be a defining year for farming, the IFA President Joe Healy has told the Association's AGM in Dublin today, who said that farmers are not getting a fair share for their produce and retailers are the modern-day dictators abusing their power to accumulate vast profits.

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Bord Bia report shows robust growth for Irish drinks exports, but worries over Brexit and labelling

Irish beverage exports rose by 8% last year to €1.5bn, due to continued demand for premium spirit and liqueur products, according to new figures released today. The Alcohol Beverage Federation of Ireland (ABFI), the representative body for drinks manufacturers and suppliers in Ireland…

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Tesco Ireland sales up 4% over key Christmas period

Tesco Ireland said that sales during the key Christmas trading period rose by 4% on a like-for-like basis compared to 2016. The supermarket group said that over the 19 weeks to January 6, it had experienced the highest rate of market share growth in Ireland for five years with like-for-like sales…

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Fresh food drives record Christmas at Tesco

Tesco experienced its highest rate of market share growth in the Republic of Ireland for five years, contributing to the retailer recording its best ever Christmas sales. In the Republic of Ireland sales were up 4pc during the Christmas period, while sales were up 3.3pc overall in Ireland….

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Tesco Irish sales rise as UK flop hits shares

Sales of fresh food and its own F&F clothing brand have helped Tesco to record its highest rate of market share growth in five years in Ireland as it continues to regain lost ground with shoppers. The gains made during the 19 weeks to January 5 cover the important Christmas trading period…

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Dunnes keeps top supermarket spot after record Christmas

Irish shoppers spent an extra €90m on groceries over the Christmas period, with the average household spending a record €1,532 on groceries, an increase of €38 on the previous year. The latest grocery market share figures from Kantar Worldpanel in Ireland show that Dunnes Stores…

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Lidl to create 100 jobs at Newbridge distribution centre

Discount retailer Lidl will create 100 new jobs at its new distribution centre in Newbridge, Co Kildare. Following the granting of planning permission from Kildare County Council, Lidl will begin construction of a 54,000sq m “distribution hub” which, when complete, will employ…

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Aldi to open in Ballinrobe

RETAIL discount chain Aldi will open in Ballinrobe this summer. The German supermarket will be located on the town’s Neale Road. Construction began on the site last month. The 15,000-square-foot site, located inside the town’s boundary, was purchased…

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Musgrave honours its Everyday Heroes 2017 at Gala Dinner

The second annual Musgrave Everyday Hero awards were celebrated at a gala dinner this week. First established in 2016 as part of Musgrave’s 140-year anniversary celebrations, the awards give employees throughout the Musgrave network an opportunity to nominate someone who they feel…

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Marks & Spencer suffers festive fall in clothing and food departments

Retail giant Marks & Spencer, which has around 20 stores in Northern Ireland, has revealed "mixed" festive trading after another steep fall in sales in its embattled clothing arm and disappointing trading in its food halls. The high street bellwether blamed a tough October for a 2.8% fall…

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Dealz to sell €6.50 jeans and €3.50 t-shirts in Naas and Newbridge

Dealz is launching clothes ranges in stores in Newbridge and Naas to compete with the likes of Penneys. The UK discount retailer with 61 stores in Ireland, including Newbridge, Naas and Maynooth. Next month it launches its Pep&Co clothing chain here and will be offering…

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Texaco gains three sites in Northern Ireland

Northern Ireland has gained three new Texaco-branded sites in recent months. Two of the sites, Rathcoole and Landscape, were previously competitor branded, while the third, Madigan’s Court, is a new build. All three sites are located in Belfast. Madigan’s Court features….

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Downsized Homebase makes €10m

The DIY retailer Homebase made €10.75m profit in Ireland last year, after closing one store and cutting costs. Sales rose by over €1m to €48.6m in the financial year to the end of February, despite the trimming of Irish outlets to 11. On a like-for-like basis, sales rose 13% from the previous year.

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Popular furniture franchise about to open in Kilkenny with 'huge sale'

Ireland’s leading retailer of quality furniture and home accessories has arrived in Kilkenny and is marking the occasion with a “huge sale”. EZ Living’s full range of exceptional furniture will be on offer at Kilkenny Retail Park and the new store reflects the very latest trends in home interiors.

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Superdry and Ted Baker report increases in festive sales

Shares in Ted Baker have raced higher after the fashion chain joined Superdry in unwrapping strong festive sales. Ted Baker rose 9.45 per cent in afternoon trading on the London Stock Exchange after retail sales jumped 9 per cent in the eight weeks to January 6th compared to the year before…

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Coast, Oasis and Warehouse continue to see Irish sales decline

Top high street fashion brands are struggling to survive on Ireland’s high street. In the same week that Forever 21 announced it is to close its only store in Ireland after racking up losses of more than €40 million since 2010, newly-filed accounts for the Irish subsidiaries…

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Vila to open store on Patrick Street in coming weeks

Cork’s Patrick Street is getting a new addition in the coming weeks, with clothing label Vila opening a new store. ‘Coming soon’ posters are in the windows of 83, 84 and 85 Patrick Street, formerly the location for Gloria Jeans and The Body Shop. The building has…

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Specsavers support and distribution arm in Ireland sees profit grow 87%

Profit at the Irish distribution and support arm of Specsavers increased by 87 per cent amid declining turnover as some stores sourced their support services from third parties. Recently filed accounts for the year ended February 28th, 2017 show pretax profit increased to €705,083…

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Christmas shopper numbers plunge in Northern Ireland's high streets and retail parks

HUNDREDS of bricks-and-mortar retailers in the north are thought to be in financial distress at the start of this year as profound changes in people's shopping habits impact on their businesses. And the weeks leading up to Christmas, which are traditionally the most lucrative…

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Asda's Northern Ireland supermarket share falls as Lidl welcomes growth

ASDA has seen its share of the supermarket sector here drop by 0.7% to 17%, new research has revealed. And it is the only multiple on the list to suffer a decrease in the size of its share in the last year, according to the Kantar Worldpanel Supermarket Market Share report. The chain…

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Retail footfall declines in Northern Ireland at fastest rate in five years

Footfall in Northern Ireland is on the decline as new figures show a drop of 3.1% in December compared to 2.4% in November 2017, according to the Northern Ireland Retail Consortium (NIRC). This decrease means that footfall in shops across Northern Ireland has been…

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