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.
Beer is still Ireland's most popular drink
Ireland’s drinks consumers have a growing taste for wine and spirits, according to the latest report from the Drinks Industry Group of Ireland. The report reveals in 2017, 19.8% of alcohol sales consisted of spirits – a 3.6% increase year-on-year. Wine held 27.7% of the market in the same…
Almost half of Irish adults 'typically purchase' sliced chicken
Almost half (46%) of adults claim to typically purchase sliced chicken, closely mirroring purchase levels recorded in 2017 (45%). This research, conducted on behalf of Retail Intelligence by Empathy Research, amongst a nationally representative sample of 1,068 adults aged 18+, sought to…
Bar sales far off boom levels as the nation cuts down on drinking
Bar sales in Ireland have yet to return to the highs seen in the Celtic Tiger, as consumers reduce their alcohol consumption levels. Despite sales increasing by almost 4pc last year, the volume of bar sales, which includes sales of food, soft drinks and cigarettes, was three-quarters that of 11 years ago.
Retailers pledge to reduce carbon emissions intensity by 50%
The CEOs of Ireland's top companies, including Musgrave, M&S, Dawn Meats, Boots, Bank of Ireland and Vodafone, have launched The Leaders' Group on Sustainability, a business coalition dedicated to addressing the most pressing sustainability priorities in Ireland, as well as future opportunities.
Event reminder: Enjoy an après-lunch ‘GinWag’ at next Friday’s TWIG luncheon
The date is fast approaching for the Today’s Women In Grocery (TWIG) networking lunch event, which will be held in the InterContinental Hotel, Ballsbridge on Friday, 25 May. This event, now in its third year, will see leading female figures in the grocery, food and retail sectors gather together to…
Drones and data analytics drive logistics and transport trends
The application of data analytics and integration with enterprise applications, as well as assisted delivery, are expected to significantly change the warehousing, distribution, logistics and transport sectors in the short term.
Aldi announces new investment in Irish suppliers
Aldi has announced a €500,000 investment in its new supplier development programme, which aims to give up-and-coming Irish food and drink companies the opportunity to appear on its shelves in a long-term contract. The announcement came alongside new research that revealed Irish…
Tesco UK removes confusing ‘Best Before’ labels to help combat food waste
Tesco UK revealed that it is removing ‘Best Before’ labels from up to 70 of its fruit and vegetable products in order to remove waste. The retailer said that consumers are confusing the labels for the 'use-by' label which is resulting in perfectly adequate food being thrown out.
Iceland to open second Kerry store in Listowel
Food retailer Iceland has announced that it will open its second store in Kerry in Listowel this month, bringing 20 new jobs to the town. The new store will have 8,200 square feet of retail space and will stock the full range of Iceland's fresh and frozen products.
Marks & Spencer to close 100 stores by 2022 but none in Ireland
Marks & Spencer has said it will close over 100 by 2022. None of the company’s 19 Irish stores will be affected. The British retailer has already shuttered 21 stores in its home market, including one in Newry, and today announced a further 14 closures as part of plans to downsize its physical…
Retailer M&S could lose its place in the Ftse-100 queue
Marks & Spencer is expected to report a second straight fall in annual profit next week, and with the retailer’s shares down nearly a quarter over the last year it is in danger of soon being booted out of the Ftse-100 index.
Musgrave delivers €80M profit in FY17 results
Musgrave today announced results for the financial year ended 30 December 2017, with sales of €3.7 billion and profit before tax of €80 million, a 9% increase on the previous year. The wholesaler's net cash was €71 million and net assets totalled €330 million, an increase of €82 million.
Musgrave eyes 'Ireland 2040' blueprint to boost growth
Musgrave Group is studying the Government's 'Ireland 2040' infrastructure plans as well as demographic trends as it plots new store and product rollouts. It believes intensive urbanisation in Dublin and Belfast will suit its online grocery business.
Irish Mothercare unaffected as 50 UK stores to shut
The company that operates the Mothercare brand in Ireland says shops here won't be affected, after the struggling British retailer said it will close over a third of its stores there. The UK business yesterday announced the return of the chief executive who was sacked just five weeks ago.
Northern Ireland owner of retail giant Spar reports annual sales of over £750m
The parent company of retail giant Spar in Northern Ireland has reported turnover of £759m during 2017 - up 8.5% from £699m a year earlier. However, pre-tax profits at John Henderson (Holdings), led by Geoff and Martin Agnew, were down slightly from £20.3m to £20.04m.
Marks & Spencer on course to open two new Northern Ireland shops despite closures in rest of UK
Marks & Spencer has said that it's on course to open two new stores in Northern Ireland, despite plans to shut up to 100 branches in the UK. The retail chain, which already has 20 stores here, is expected to report a troubling set of annual figures tomorrow, with city analysts forecasting that…