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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maëlle Le Ruyet on Mar 21, 2018 3:17:54 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.

 

 

Self-serve alcoholic beverage dispensing technology likely to challenge brand loyalty

With self-serve alcoholic beverage dispensing technology gathering market momentum, major brands may need to adapt to ensure consumer loyalty, according to data and analytics company GlobalData. Its report – ‘ForeSights: Self-serve Alcoholic Beverage Dispensing Technology’ – states…

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Almost 4 in 10 adults have purchased alcohol made with all-natural ingredients

Almost 4 in 10 (36%) adults have actually purchased alcohol made with all-natural ingredients in the past. This shows that there is quite strong awareness levels amongst adults in relation to both alcohol made from all-natural ingredients (49%) and alcohol made from organic ingredients (51%)…

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Cash is still king but contactless payments lure consumers

Card payments surged in the second half of the year as Irish consumers turned to contactless payments on both card and mobile and moved away from cash, a new survey has revealed. Consumers were also increasingly opting to transfer money through online and mobile banking…

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Creed and Bord Bia set up shop for Irish and online opportunities

The Minister for Agriculture, Food and the Marine, Michael Creed, and Bord Bia CEO Tara McCarthy will launch a new Bord Bia Insight Centre in London this week during their visit to the UK for St. Patrick’s Day events. The visit will also see them engage with the leaders of some of the UK’s…

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Tesco Ireland create 24 jobs with opening of 150th store in Malahide

Tesco has reached a milestone number of stores in Ireland with the opening of its 150th over the Bank Holiday weekend. A total of 24 new jobs have been created at the new store in Malahide, Dublin, its total employee base here standing at over 13,000. Tesco Ireland CEO, Andrew Yaxley…

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Lidl confirms it's building a new Fortunestown lane store

Lidl has confirmed it is going to rebuild a brand new store at its Fortunestown site after it was damaged and looted during Storm Emma. Building will start in the coming weeks with the new store planned to be opened by late Summer. The retailer says it's been "blown away" by the level of…

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Lidl Ireland introduces 'Autism Aware Quiet Evenings' across all stores

Lidl Ireland has recently announced it will implement Autism Aware Quiet Evenings across its entire network of stores in Ireland and Northern Ireland from 2 April on World Autism Day. All 194 stores 'will be prepped to have numerous sensory adjustments in place which will classify each store as…

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Dunnes Stores closes almost all remaining British stores

Dunnes Stores has effectively pulled out of Britain, after closing all of its stores in Scotland and almost all of its English branches in recent months, reports the Sunday Independent. The retailer shut its second-last store in England on Saturday, leaving it with just one remaining branch in…

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Dealz-Poundland parent mulls options to cut debt

Crisis-hit South African retailer, Steinhoff — which owns the Dealz-Poundland discount stores in Ireland — is considering “all of its options” to support its liquidity, after a report that it could sell a stake in its African unit. Steinhoff, which has more than 40 retail brands, including Conforama…

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Applegreen increases revenue by 21%

Applegreen grew its overall estate by 99 sites to 342 sites in the year to December 31, 2017, and added 77 new food outlets over the same period, its annual results show. The company reported revenue up 21% on the previous year to €1,428.1m, and adjusted EBITDA increased by 24% to…

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John Lewis offers in-app personal stylists and H&M a nailbar as part of a move to ‘experiential retail’

John Lewis Partnership is radically rethinking how it interacts with its customers both in-store and via mobile, pledging to be one of the first UK retailers to launch an app-based service enabling customers to keep in touch with their personal stylist. As part of the launch of the retailer’s 50th

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Vision Express not eyeballing Specsavers after Tesco deal

Vision Express is keeping an eye out for further acquisitions following the takeover of Tesco Opticians last year, but its chief executive has no ambitions to overtake Specsavers as the UK’s largest high street optician. The company has spent the first months of 2018 working to integrate…

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Krispy Kreme confirm when the first Irish store will open and its a drivethru

US doughnut company has confirmed it will open its first Irish store in October of this year - and it will have a drivethru. The store will open at a site adjacent to Blanchardstown Shopping Centre. Irish fans of the store first learned of the brand's arrival last year but the company have only just…

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Caffe Nero in black with first Irish profit

The directors of Caffe Nero have stated that there are strong growth prospects for the branded coffee market in Ireland after the company returned its first profit here. New accounts show that the UK-owned Caffe Nero Ireland Ltd recorded pre-tax profits of €562,000 in the 12 months to the end…

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Uber to launch food delivery service in Dublin in 2018

US ride share firm Uber has announced plans to start operating its food delivery in Dublin in 2018, with potential clients including McDonald's and Krispy Kreme. While the launch date for Uber Eats Ireland has yet to be determined, a spokesperson for company said, "We’re really excited that…

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Carpetright shares slump on store closure reports

Shares in Carpetright have plunged on reports the struggling retailer may close stores and axe jobs as it pieces together a rescue plan. The Press Association understands the group could go down the route of a company voluntary arrangement, which would allow to it to shut loss-making stores…

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Co-owner rejects 'opportunistic' €5.6 billion bid for Dundrum Town Centre

Property Company Hammerson has reportedly rejected an 'opportunistic' takeover offer of £4.9 billion (€5.6 billion) for the Dundrum Town Centre from French mall operator Klépierre. The UK property giant which also co-owns the Ilac Centre and the Pavilion Shopping Centre IN Swords…

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Asda set to add 7,000 sq ft to west Belfast superstore

Supermarket giant Asda is set to to add an additional 7,000 sq ft to its popular Westwood Superstore. Following overwhelming support from the local community, Asda has submitted a planning application to Belfast City Council to expand its west Belfast site. The submission follows…

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Four Toys R Us stores in Northern Ireland to shut with loss of 120 jobs after failure to find buyer

Administrators Moorfields Advisory have already pulled down the shutters at stores at Crescent Link Retail Park, Londonderry, and Mill Road at Newtownabbey. Stores in Belfast's CastleCourt Shopping Centre and Lisburn's Sprucefield Park will also close within the next six weeks after closing-down…

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Belfast bar launches Northern Ireland's first menu for dogs

A bar in Belfast has launched Northern Ireland's first ever pub menu for four-legged customers. The Dirty Onion in the city's Cathedral Quarter has created a partnership with local pet food brand, Naturo, to allow pooches to enjoy a meal with their owners. The range of healthy dog foods on…

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Retail does give us some reasons to be cheerful

At present it is easy to be downbeat when considering the retail property sector and there is no doubt the market is difficult. At a macro level the uncertainty surrounding Brexit, a rise in interest rates and the impact of the internet are just some of the challenges the sector currently faces.

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Banbridge retail site on market for £1.5m

The development is made up of six retail units across two properties on Newry Street and Townsend Street. It is being sold by property agents Savills, which is seeking offers of over £1.475m. The units on offer are let to opticians Specsavers, fashion retailer DV8, Houseproud Furnishings, New Look…

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