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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Manikandan Anbukkarasu on Feb 20, 2019 4:57:12 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.

 

Three quarters of parents of toddlers deem discounts and offers 'Very Important'

Almost three quarters (73%) of parents of children aged under four deem it very important that the grocery store they use most often have discounts and offers available in relation to baby products, rising significantly from previous research (69%)…

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Irish retailers look to AI and other tech to streamline business

Two thirds (66%) retailers believe that consumers expect their businesses to be more innovative in the way they provide their services and products, while more than half (56%) are looking to Artificial Intelligence (AI) to help them…

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Visa: Irish consumer spending “muted” in January

Visa has published the latest edition of its Consumer Spending Index, which measures expenditure across all payment types and segments, which points to “muted” spending trends for the start of 2019. Although stabilising...

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Last minute Valentine's day shoppers embrace online convenience

According to the annual 'Mastercard Love Index', more and more people are leaving their Valentine's Day shopping until the last minute. The report, created by analysing credit, debit, and prepaid card transactions over a three-year period…

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Grocery delivery start-up Buymie has secured fresh funding from retail and rugby stars

Grocery delivery startup Buymie has secured a fresh wave of funding from new angel investors, including several Connacht Rugby players and its existing backers. Founded in early 2016 by Devan Hughes and Artavazd Sokhikyan…

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One quarter of Ireland's income goes to just 10% of the population

The top ten percent of Ireland’s population receives almost 25% of the national income, according to a report published today. TASC, the Think Tank for Action on Social Change, is launching the ‘The State We Are In: Inequality...

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FSAI reveals new label DNA scanning tool to detect food fraud

The Food Safety Authority of Ireland (FSAI) recently revealed that it now has a new label scanning tool to identify the entire DNA content of an item to detect food fraud. The new analytical tool can proactively identify all the ingredients and their biological…

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FDI report highlights decreasing sugar consumption in Irish diets

Food Drink Ireland (FDI), the Ibec group the represents the food and drink industries, has launched a new report that shows the decreases in sugar and saturated fat in Irish diets. The report, entitled 'The Evolution of Food and Drink in Ireland, 2005 – 2017…

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Irish consumers welcome smart-home technology but remain cautious over data privacy

With smart-home technology now firmly in the mainstream, new research carried out by the Dublin-based iReach highlight some concerns over personal data security and the possibility of brands spying on peoples’ every day habits…

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Tesco supports 558 projects in Tipperary donating €124,000 since 2014

Tesco Ireland has announced the 396 local projects that are participating in the new cycle of the Tesco Community Fund. For the remaining six weeks, customers are being encouraged to use their blue tokens in Tesco’s 151 stores...

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Kildare Tesco stores donate almost 161,000 meals to local charities

Local charities and groups across Kildare have received almost 161,000 meals to date from Tesco Ireland through their surplus food donations programme run in partnership with Irish social enterprise, FoodCloud. A wide range of Kildare based…

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Aldi unveils its revamped Ballyphehane “Project Fresh” store as part of €160m Irish store network investment

Aldi’s Ballyphehane “Project Fresh” store has reopened its doors to customers following an extensive renovation project which has seen the store completely refurbished as part of Aldi’s €160minvestment in its Irish store network…

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Aldi begins construction of €4.5M Project Fresh Kinnegad store

Aldi has announced that work has commenced on the construction of its new €4.5 million Project Fresh Kinnegad store, located on the Dublin Road. The new store will take approximately six months to build with an estimated…

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Aldi trials food donations with Neighbourly

Aldi has begun donating surplus food directly to charities in Yorkshire, London, the North East, and the South East as part of a new trial with community engagement platform, Neighbourly. The UK’s fastest-growing supermarket has…

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Spar on a roll as SA sales increase 8.2% in 17 weeks

Durban – The Spar Group posted an 8.2 percent increase in sales to R36.53 billion for the 17 weeks to January 26, boosted by another significant contribution by its liquor business, which delivered 19.2 percent growth during the period…

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Halifax couple win Convenience Retailer of the Year at prestigious awards ceremony

The Convenience Retailer of the Year award commends winners on their achievement and was presented at the NFRN Awards (National Federation of Retail Newsagents). The award is reserved only for businesses that stock extensive…

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Strong construction sector boosts hardware stores' revenue in 'standout' 2018

Hardware stores have reported average year-on-year revenue increases of 8.7pc for 2018 with a 9pc increase in sales in the last quarter of the year, compared to the same period in 2017. Members of Hardware Association…

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Londonderry retail development plans are approved

Plans for a medical centre, supermarket, restaurant and filling station at the former Arntz Belting site were approved by the planning committee. Councillors were told the development could create about 300 jobs…

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Retail NI calls for reduction in regional business rate

Glyn Roberts, Retail NI chief executive, said: “Northern Ireland has the highest business rates in the UK and it is crippling our local retail and hospitality sectors, not to mention contributing to the dereliction of our town centres…

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Topics: irish retail sales, irish retailers news, Retail Ireland, Retail Sales, retail trends