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Irish retail at a glance

Irish retail at a glance

Posted by Maria Diaz on Apr 23, 2020 12:48:25 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.

 

Demand for flour on the rise during Covid-19 crisis

There has been a three-fold increase in demand for flour at some Irish supermarkets. Tesco Ireland said it has sold 600,000 bags of flour in the last week alone. Sales peaked in the week that the Covid-19 restrictions were imposed: a 300% increase in flour sales was recorded…

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Irish consumers spending more on home fitness, gaming and streaming

Analysis of debit card transactions by Bank of Ireland has revealed that Irish consumers have been spending more on home fitness products, gaming and streaming services during Covid-19. The analysis has tracked debit card spend since March 12th and compared it…

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We've been using bank cards a lot less (and cash even less than that) during the Covid-19 crisis

Card spending in Ireland dropped by almost a third while cash usage more than halved in the first week of April, according to Central Bank of Ireland. The public has been encouraged to use contactless payments instead of cash while shopping to stop the spread of Covid-19.

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Irish consumer sentiment suffers largest monthly drop on record

Irish consumer sentiment suffered its largest monthly drop on record in April, a survey showed on Thursday, demonstrating the scale and speed of the economic collapse unleashed by the coronavirus pandemic.

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Consumer spending in Ireland plummets as ATM withdrawals more than halve

Irish consumer spending looks set to plummet by 40% this month as the coronavirus pandemic continues to hammer our economy. New Central Bank of Ireland figures reveal ATM withdrawals across the country more than halved in the first week of April.

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Consumer spending set to plunge by estimated €2.6bn due to coronavirus pandemic

Consumer spending use credit and debit cards as well as cash withdrawals are set to plunge by an estimated €2.6bn or 40pc this month from a year ago, according to the Central Bank of Ireland. Research from the Central Bank published today tracked spending and…

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FMCG sales reach almost €334m in the first week of the official ‘lockdown’ in Ireland

FMCG sales reached €333.8 million during the first week of the official ‘lockdown’ in Ireland, when all non-essential trips outside of the home were prohibited. The research captured by Nielsen on behalf of Checkout highlights that the week ending 5 April shows that sales…

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Huge surge in coffee sales reported in Ireland

Coffee lovers deprived of their favourite caffeine fix at cafes have turned to the internet to purchase beans online with a major surge in sales across Ireland. Well known Cork barista, Rob Horgan of Cafe Velo, says that over the last month his online coffee sales have matched the…

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Shop owners call for every household to be given €500 voucher

Every household should be given a free €500 gift card to help kick-start the economy and save 110,000 jobs, representatives of shop owners said yesterday. The retail industry fears that ‘there is a distinct and very real risk’ thousands of jobs could be lost permanently.

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Single parents concerned at treatment in supermarkets

Parents who bring young children with them as they buy essential groceries have spoken out about how uncomfortable they have been made feel by staff in some supermarkets despite claims by stores that there is no policy barring small family units from shopping together.

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Hardware stores are told they can reopen

The Department of Business has told some hardware stores they can reopen during the Covid-19 restrictions - contradicting the advice of the chief medical officer. There has been confusion over whether hardware and garden shops can open after laws giving gardaí the power…

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Online delivery surge means more jobs for drivers

A surge in online orders - greater than that experienced during black Friday and Cyber Monday last year - has prompted a national delivery company to hire 100 more drivers. The country is experiencing massive increased volumes in online deliveries as people order…

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Ireland sees economy shrinking at least 10% this year

The Irish economy will shrink by at least 10% this year and could shrink more than 15% if a second wave of coronavirus forces restrictions on movement to last six months longer than expected, the government said on Tuesday.

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Just Eat sees Coronavirus impact similar to takeaway: temporary dip

Just Eat PLC, the British arm of Takeaway.com, on Tuesday said its online food service had seen a 6% increase in orders during the first quarter of 2020. "All segments were growing in line with expectations until government restrictions to limit the spread of the…

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HSE's step-by-step guide to shopping safely in Tesco, Aldi, Lidl, Supervalu, Dunnes and others shops

The HSE has issued some advice on their website as to how to go about your shopping in the safest way possible. With so many people heading to the shops as their only trip outside the house now, there is some fear about picking up the virus in the supermarket.

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How Tesco, Aldi, Lidl, Dunnes and Supervalu clean supermarkets to prevent coronavirus spread

Supermarkets have never been busier, with queues out the door for major retailers across the country. Social distancing and limits on the numbers of people entering a store at any one time have been enforced to prevent the spread of coronavirus.

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Coronavirus in Ireland – Tesco sells 600,000 bags of flour in ONE week as demand triples during lockdown

Irish supermarkets have seen demand for flour "triple" during the Covid-19 crisis. Tesco Ireland have revealed in the last week alone they have sold 600,000 bags of flour. During the week that the coronavirus restrictions were put in place Tescos recorded a 300 percent…

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Aldi switches to recyclable packaging for own-label herbs

Aldi Ireland announced today that its own-label Irish sourced potted herbs are now packaged in recyclable and home compostable materials. The discount retailer has been working with its Wicklow-based supplier O’Hanlon Herbs for the past six months to…

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M&S kickstarts Neighbourly Community Fund with €50,000 investment

M&S has kickstarted its new community platform Neighbourly Community Fund.fund with an immediate investment of €50,000. In addition to this, M&S stores are continuing to redistribute all surplus food to the Neighbourly network across Ireland, via the Neighbourly platform.

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Cath Kidston shuts all 60 stores permanently

Cath Kidston is to permanently shut its 60 UK and Irish stores with the loss of more than 900 jobs. The fashion retailer confirmed its stores will not reopen once the coronavirus lockdown is over after the company’s owners secured a deal to buy back its brand and online…

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Major plans for Liffey Valley shopping centre

Hines, the co-owner of Liffey Valley shopping centre has plans for a large expansion that includes a glass-roofed public plaza. The group are seeking permission for a two-storey extension with two large anchor stores other retail units and cafes and restaurants.

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Topics: irish retail, irish retail news, Retail Ireland, retail news