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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Manikandan Anbukkarasu on Dec 19, 2018 12:35:02 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.

 

Food retail sales rise 3.8% in Ireland in third quarter: study

Food retail sales rose by 3.8% in Ireland in the third quarter of the year, compared to the same period last year, according to the quarterly Business Monitor from Food Drink Ireland (FDI). This is ahead of the EU average for food retail sales growth (3.1%), but behind that of the UK (4.4%).

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December grocery spend set to top €1 billion for first time

Irish households are on course to spend more than €1 billion during the month of December for the first time as competition among grocery retailers intensifies over the Christmas period. According to research firm Kantar World Panel in Ireland, households spent €968.2 million last December in supermarkets, and...

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Consumers to spend over €1bn on groceries ahead of Christmas

Irish households are expected to spend over €1 billion on grocery shopping in the run-up to Christmas, according to new research. Kantar research also showed that Dunnes Stores is the most popular Irish retailer, followed by SuperValu in second and Tesco in third…

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Irish retailers suffered in November, as shoppers opted for online Black Friday bargains

Irish retailers suffered in November as shoppers avoided the high street and opted to shop online for Black Friday bargains, research showed. Face-to-Face spending was down -4.3% year-on-year, the first reduction since August 2017 and amongst the sharpest since the series began in September 2014, according to Visa’s Irish Consumer…

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Visa: Black Friday deals hit high street sales for November

The latest figures in Visa’s Irish Consumer Spending Index, measuring expenditure across all payment types, recorded a modest year-on-year increase (+1%) in consumer spending during November. This represents the weakest growth in just over a year, slowing from +4.0% in October.

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Major online retailers slash prices to shift stock in run up to Christmas 2018

Major online retailers have dramatically slashed their prices in the run up to Christmas in a desperate bid to shift stock. The last-minute sales come as the fiercely competitive retail industry tries to drum up business. Online fashion giant ASOS.com saw shares plunge by 40% after it warned that weak sales in the crucial month of November…

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Irish festive shoppers ‘are savvy bargain hunters with selfless streak’

When it comes to Christmas shopping, Irish consumers are savvy, bargain hunters with a selfless streak and a tendency to go over budget, according to a festive survey published on Wednesday morning…

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Irish people will spend over €267 on taxis and takeaways in the run up to Christmas

Irish people will spend an average of €267 on taxis, takeaways and eating out in the run up to Christmas, it was revealed yesterday. It has also emerged that yule break your own budgets when it comes to buying presents and spend a lot more than you intended. The Irish public don’t hold back when it comes to eating and drinking...

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Study reveals Irish shoppers growing wary ahead of Brexit

Irish respondents put low prices at top of list of priorities when making buying decisions. Almost one in six claimed they had less than €280 disposable income each month, behind most developed economies. Almost one in six claimed they had less than €280 disposable income each month, behind most developed economies…

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Shop local

Kildare Chamber of Commerce is urging the county’s shoppers to support local retailers this Christmas, businesses it has described as the “heartbeat of our communities”. Retail Ireland’s Christmas 2018 Retail Monitor has revealed that Irish households are predicted to spend an average of €2,690 this December, a welcome opportunity – both online and in-store – for businesses across Co Kildare…

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Tesco: Irish shoppers are putting their pets first this Christmas

Irish shoppers are putting their pets first this Christmas, according to Tesco, as the retailer’s latest figures show that the demand for Christmas gifts and seasonal themed treats for pets increased sharply as the countdown to Christmas continues. The figures go further to reveal that shoppers in Naas, Co. Kildare and Arklow, Co. Wicklow lead the pack in buying seasonal gifts for pets…

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Aldi, Lidl post strongest growth in Irish Market: Kantar World panel

Aldi (+7.0%) and Lidl (+4.1%) posted the strongest growth in the Irish grocery market in the 12 weeks to 2 December, according to the latest market share data from Kantar World panel. The discounters currently sit on 11.6% (Aldi) and 11.3% (Lidl) market share…

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Dunnes Stores holds top spot as Ireland’s leading grocery retailer

Dunnes Stores has claimed pole position as Ireland’s leading retailer for the third consecutive period, boasting a market share of 22.4% in the 12 weeks to 2 December 2018.The latest grocery market figures from Kantar World Panel show the retailer registered sales growth of 3.4% on last year…

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Kantar World panel: Dunnes holds top spot amid Christmas rush

Dunnes Stores has claimed pole position as Ireland’s leading retailer for the third consecutive period, holding a market share of 22.4% in the 12 weeks to 2 December 2018.  The latest grocery market figures from Kantar World panel show that the family-owned retailer registered sales growth of 3.4% year-on-year. Dunnes Stores held the number one spot despite fierce competition from SuperValu, which remained Ireland’s second largest retailer with a share of 21.7%. Tesco’s more modest growth of 0.3% saw it remain in third place with 21.6%...

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Irish consumers seeking “companies that care”

Irish consumers favour goods and services from companies that reflect their customers’ personal values and beliefs, and increasingly stay away from those that don’t. This is among the findings of the 14th annual Accenture Strategy Global Consumer Pulse Research, which surveys 30,000 consumers from a range of countries around the world, including Ireland…

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Tesco Ireland raises €150,000 worth of donations in Christmas appeal

Tesco stores across Ireland raised €150,000 worth of donations this weekend to support families in need in their local communities. Volunteers from 130 good causes were on-hand across the country to collect these goods for local distribution. Tesco announced last week that it would hold its annual Tesco Ireland Christmas Appeal, which ran in stores on the 7-9 December…

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Top Oil announce the opening of two Connacht sites

Top Oil, the family-owned fuel services provider, has officially opened its latest forecourt station in Charlestown, County Mayo and a new Top Oil Network Fuel Card site in Cornamona, County Galway. In Charlestown, the new site will feature a Mace forecourt store, which had a Community Festive Fun Day running all afternoon at the site to celebrate the…

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Budget fashion store roll-out helps Poundland end year on strong note

Budget retail giant Poundland has reported "strong" sale growth despite a turbulent year for the sector. The firm's owner hailed "strong" sales growth as the roll-out of Pep&co fashion outlets helped the budget chain shrug off wider high street woes.

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XL Retail wins at Irish Sponsorship Awards

XL has received national recognition from peers across multiple sectors at the annual Irish Sponsorship Awards, which have taken place in Dublin. The community retailer claimed the Best Low Budget Sponsorship award. The Irish Sponsorship Awards set the benchmark for excellence and innovation, recognising the professionalism, contributions and flair of companies and individuals who engage in the industry…

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Dixons Carphone slashing costs after plunging to loss on mobile phone woes

Retailer Dixons Carphone has said it will slash costs by £200 million after tumbling to a half-year loss following mammoth write-downs on the value of its mobile phone business. The group, which also owns Curry’s PC World, saw shares fall 7% having initially plunged…

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Zara owner knocked by warm autumn weather

Spanish parent group Inditex saw like-for-like sales growth slow to 3% in the six months to the end of November. The owner of high street fashion giant Zara has become the latest retailer to take a weather hit after the unusually warm autumn left it nursing lower-than-expected sales and profits…

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Carpetright shares jump on recovery hopes

Shares in British flooring retailer Carpetright jumped up to 10% on the back of the company suggesting its restructuring plan, which will see more than 90 stores close and 300 jobs cut, is beginning to yield positive results…

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Tills at Belfast Primark shop ring in £5m boost to city centre

Belfast is poised for a £5m Christmas cash injection now that Primark has reopened in the city centre, a leading economist has said. Festive shoppers have welcomed its new smaller store with open arms. The retailer said more than 15,000 people queued up to get into the Castle Street premises in its first three days of trading…

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NI exports to the Republic rise, while GB sales fall

Exports from Northern Ireland to the Republic of Ireland rose by £540m, while sales to the UK fell by £2.9bn last year, according to latest figures. It is understood the closure of the JTI cigarette factory in Ballymena was a major factor in the decline of GB sales. However, Great Britain remains Northern Ireland's biggest external market, with total sales of £11.3bn…

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Northern Ireland footfall dips 6.2% as fears mount on high street

Footfall on Northern Ireland's high street is down 6.2% on last year as fears mount for both online and bricks-and-mortar stores over Christmas. Menswear chain Blue Inc, which has closed five stores here in recent weeks, has become the first victim of a tough retail environment…

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Topics: irish retail, irish retail news, retail news