News & insights

Irish Retail at a Glance

Irish Retail at a Glance

Posted by Manikandan Anbukkarasu on Mar 20, 2019 4:34:10 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.

 

Irish economy grew by 6.7% last year – CSO

New figures from the Central Statistics Office show that the economy - as measured by gross domestic product - grew by 6.7% in 2018. This made it the European Union's fastest-growing economy for the fifth year in a row, although the figures were flattered…

READ THE FULL STORY

 

Wages in Ireland rose faster than EU average last year

Irish wages rose faster than the EU average last year. But workers' pay growth of 3.6pc was middle of the road compared with some countries, where staff enjoyed hikes up to 11pc. New figures from Eurostat show that hourly wages increased by 3.6pc…

READ THE FULL STORY

 

Irish consumers willing to pay more for sustainable products and packaging

A new report from financial services group, PwC Ireland, has found that Irish consumers care about sustainability and are willing to pay for it. According to its Irish Retail and Consumer Report for 2019, 41% of Irish consumers are prepared to pay…

READ THE FULL STORY

 

National Retail Federation predicts decline in Saint Patrick's Day sales

The National Retail Federation says Saint Patrick's Day celebrations might be less spirited this year. Is there a pot of gold at the end of this economic rainbow? When Saint Patrick's Day comes around, some people get really festive with shamrocks and shirts, but how…

READ THE FULL STORY

 

Retailers struggle to compete as shopping on smartphone doubles

Shopping on mobile phones has doubled in the last year, as consumers turn away from traditional shops. One in five people now buys goods using their smartphones at least weekly. This is up from 10pc last year, according to new research from business consultants PwC...

READ THE FULL STORY

 

Voice is the new mobile as retail sector battles online onslaught

The retail sector is under pressure to innovate in the face of mobile and social, and now faces a new nemesis: smart speakers for voice-based ordering. To the mortification of bricks-and-mortar retailers, tech-savvy shoppers are spending more and more…

READ THE FULL STORY

 

Brexit: What do the UK ‘UNILATERAL TARIFFS’ mean for Ireland — and for your pocket?

The unthinkable is fast becoming the inevitable. The Brexit deadline of March 29 is just two weeks away — and the prospect of the UK crashing out without a deal has never been more likely. The UK has outlined a temporary plan that shows us what’s likely to…

READ THE FULL STORY

 

High street shops feel the pain as worried spenders become savers

Uncertainty around Brexit convinced Irish people to save more last month, while retail sales experienced their sharpest contraction in two years. The Bank of Ireland/ESRI Savings and Investment Index hit a five-month high in February, rising from 99 to 102…

READ THE FULL STORY

  

Dunnes remains top retailer as grocery market grows by 3.5%

The grocery market here grew by 3.5% in the 12 weeks to February 24 as an upward trend in prices continues to make a significant contribution to growth. New figures from Kantar Worldpanel show that supermarkets cashed in from consumers…

READ THE FULL STORY

 

Sheridan’s Cheesemongers named shop of the year

Sheridan’s Cheesemongers at Dunnes Stores Cornelscourt has been named the Guild of Fine Food Shop of the Year, the first win for an Irish cheese shop in the competition. The Guild of Fine Food’s Annual Shop of the Year is the most prestigious award…

READ THE FULL STORY

 

150,000 bottles of prosecco, 500,000 mince pies and 9 million Irish Brussel sprouts…Aldi Ireland Christmas sales revealed

Aldi Ireland have reported their busiest Christmas ever as festive shoppers helped sales reach record levels across its 137 stores here. According to the budget supermarket, sales values for the week starting December 17 were up 10pc compared with the previous year…

READ THE FULL STORY

 

Aldi plans to have Dunshaughlin store open in early 2020

Aldi Ireland has received planning permission for a store in Dunshaughlin. Located on Lagore Road close to Main St the company says 20 new permanent jobs will be created at the store, while up to 80 construction jobs will be supported during the building phase.

READ THE FULL STORY

 

Aldi boost for ChildVision

ChildVision, which is dedicated to the education and therapy needs of blind and multi-disabled children, have now been awarded a €500 in recognition of its tremendous work and to help support its vital services. John Curtin, Group Buying Director with Aldi Ireland…

READ THE FULL STORY

 

SuperValu Newbridge finalists in ‘SuperValu Store of the Year 2019’ awards

Cross’ SuperValu in Newbridge was announced as a finalist in the running for the highly coveted ‘SuperValu Store of the Year 2019’ title, making them among the top thirteen SuperValu stores in Ireland. The Kildare store fought off stiff competition from 219 SuperValu stores…

READ THE FULL STORY

 

SuperValu offers free online delivery for autism community this April

SuperValu has announced that it will be offering free online delivery for the autism community in stores across the month of April in support of World Autism Awareness Month. The initiative comes alongside its existing in-store activities…

READ THE FULL STORY

 

Applegreen posts higher adjusted profits amid expansion of retail footprint

Roadside retailer Applegreen posted a 14.6% rise in annual adjusted profits as revenue driven by ongoing expansion of its estate and 'strong' fuel margin performance in the fourth quarter of the year. For the year ended 31 December 2018, adjusted profit…

READ THE FULL STORY

 

Willow Boutique owner to take up Vice-Chair position with retail body

An Ennis businesswoman has been appointed as the Vice-Chair of Ireland’s largest retail representative body. Jean McCabe, the owner of the award-winning Willow boutiques in Ennis and Galway, will take up the position with COO of Applegreen Joe Barrett the new chairman.

READ THE FULL STORY

 

Dixons gets Black Friday and festive lift

Dixons Carphone Ireland has reported a “significant” increase in store and online traffic. In a trading update, the Irish arm of the group said it increased market share across all categories – ranging from TVs, computing, mobile phones and white goods – over the Christmas period.

READ THE FULL STORY

 

Lidl continues to eat away at big three's supermarket share here

The latest Northern Ireland grocery market survey shows that budget retailer Lidl is consistently taking a larger share of the supermarket sector here. The Kantar Worldpanel Market Share survey for the 52 weeks ending February 24, 2019…

READ THE FULL STORY

 

No-deal Brexit not an option, say Northern Ireland retailers and farmers

Northern Ireland's politicians, business and farming leaders have warned against crashing out of the EU without a deal after the latest defeat of Theresa May's withdrawal agreement. The DUP, which props up Mrs May's minority Government, voted against…

READ THE FULL STORY

 

Retail NI and Retail excellence welcome removal of No-deal from Brexit outcomes

Retail NI and Retail Excellence, last Wednesday (13 March) welcomed the vote in the House of Commons against leaving the EU without a withdrawal agreement. Two of the biggest retail representative bodies on the island of Ireland joined forces in welcoming…

READ THE FULL STORY

 

Tesco Centenary Fund to provide £200,000 in Northern Ireland

Retail giant Tesco is marking its 100th birthday by launching two £100,000 community grant funds in Northern Ireland. As part of the supermarket's anniversary celebrations, community organisations across the north are being invited to share in the grants available from…

READ THE FULL STORY

 

Dundalk shopping centre's footfall rise bucks national retail trend

A Dundalk shopping centre has bucked retail footfall trends with an 2.1% increase in shoppers in 2018, welcoming four million visitors last year. As online shopping disrupts the overall sector and cheaper Sterling attracts people over the nearby border…

Read the full story

 

Ergo: Rising footfall at border shopping centre bucks trend

The border may find itself in the news at the moment for all of the wrong reasons but new figures suggest that, at least in one nearby shopping centre, life goes on. Dundalk's Marshes Shopping Centre, just miles south of the border, has bucked national retail…

READ THE FULL STORY

Topics: Retail News Ireland, retailers, retailers ireland, retailnews, retail trends, Retailtechnology