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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Apr 24, 2019 5:47:45 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.

 

Visa: Consumer spending back in growth for March

Q1 2019 ended on a positive note in consumer spending terms, according to Visa’s latest Consumer Spending Index. Following a downtick in February of -0.6%, household expenditure was up by 2.7% for the month of March.

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Spending rise offers hope for retailers

Spending by Irish households has shown signs of picking up, which may be a glimmer of hope for retailers that consumers will increase spending in the coming months. The Visa survey, with research firm IHS Markit, covers all types of spending, including cash payments.

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Irish residents consume 17.5m Easter eggs annually, research shows

Irish residents consume 17.5 million Easter eggs annually, research shows. According to the findings of a new study conducted by Repak, 28% of Irish residents are expecting to buy eight chocolate eggs or more this Easter. One in 10 of those surveyed said that they spending…

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Easter and Ramadan festivities drive demand for Irish lamb

The Irish Farmers’ Association (IFA) has said that there is a very strong demand for lamb at present, with Easter and Ramadan approaching this year. The festivals are important dates in the sheep farming calendar, according to IFA National Sheep Chairman Sean Dennehy.

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DIGI: Spirits demand growing, but beer still king

Spirits made up a 20.5% share of the alcohol product market in 2018, according to a report newly-published by DIGI. This represents a 5.6% year-on-year increase. The only category that saw a decrease in this period was wine, falling slightly by 2% to hold a 26.7% share …

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Organic wine sales forecast to reach 85.7m cases by 2022

Organic wine is forecast to reach a total of 87.5 million cases globally by 2022, according to new research from IWSR Drinks Market Analysis. The group recently released its IWSR Organic Wine Report, which also revealed that organic wine will achieve a 9.2%...

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The purchase frequency of body wash reduced year-on-year

While still one of the most frequently purchased personal items, the purchase frequency of body wash has reduced year-on-year. Now just over 6 in 10 (62%) adults claim to purchase body wash once a month or more often (down from 68% in 2018)…

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Uber Eats gets Apple pay in over a dozen markets

It has been possible to pay for an Uber through Apple Pay since 2014 but this payment option hasn’t been available in Uber’s food delivery app called Uber Eats. That’s changing today as Uber has announced that it will now be possible to pay for your Uber Eats…

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Tesco PLC publishes 2018/2019 results

Tesco has published its preliminary  report for 2018/2019, illustrating its overall financial results as well as detailed performance results for the retail giant’s regional divisions. The company reports overall sales of £56.9bn, representing an 11.5% year-on-year increase…

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Tesco sponsorship to give big boost to Flavours of Fingal

The Flavours of Fingal County Show is set to be bigger and better than ever this summer as it welcomes a major new sponsor in Tesco. 'Flavours of Fingal is the flagship summer event hosted by Fingal County Council and we are delighted to announce this…

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Food delivery service is pulled from estates

Tesco has pulled its food delivery services from a number of areas in West Tallaght after drivers were subjected to robberies and assaults in recent weeks, culminating in one of their delivery drivers being shot below the eye with a ball bearing on Killinarden Hill two weeks ago.

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Dunnes Stores seeks to buy pizza chain

Dunnes Stores, which is executing a strategic shift to make its stores more upscale and “foodie”, wants a slice of the action in the pizza business. It has made an approach to buy Dublin restaurant chain Base Wood Fired Pizza.

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Lidl Ireland becomes first Irish retailer to offer customers recycling stations in-store

Lidl Ireland plans to become the first Irish retailer to offer customers in-store recycling stations nationwide. In a bid to reduce packaging waste bought in-store, Lidl has committed to introducing segregated recycling stations at the end of customer checkouts in all 160…

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Fresh The Good Food Market shortlisted for World Retail Award

Fresh The Good Food Market’s Camden Street store in Dublin has been nominated as one of the world’s best stores by the World Retail Congress. The store is a finalist in the ‘Outstanding Store Design’ (<1200 sq m) category at the 2019 World Retail Awards.

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A brand new supermarket has opened in Portlaoise

A new Eastern European food supermarket chain with locations across Ireland has opened in Portlaoise. Moldova Shop took to Facebook to announce it had opened last week in Kea Lew Business Park at the Mountrath Road, Portlaoise.

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Circle K becomes Team Ireland's official fuel and convenience partner

Team Ireland and Circle K have signed a two-year agreement which will see Ireland's largest forecourt retailer become the official fuel and convenience partner to the nation's Olympic team. The partnership, which starts immediately, will see Circle K assist elite athletes…

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Plastic bottled water removed from sale by Nourish

Nourish has removed nearly 7,000 plastic bottles from the shelves its 11 stores nationwide. The company removed plastic bottled water from sale in March 2018 in a bid to reduce its contribution to plastic waste pollution.

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Supermac's replacing plastic straws with paper option

Fast food retailer Supermac's has become the latest outlet to replace plastic straws with paper alternatives. The new paper straws will be available across the company's 116 outlets. Managing Director Pat McDonagh said the move is part of a "Glan agus Glas" [Clean and Green]…

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Debenhams chief executive Sergio Bucher bows out of top job

The boss of Debenhams will leave the company following its pre-pack administration, it has been announced. Chef executive Sergio Bucher is to step down this week, just under two years since he joined the high street retailer in May 2016.

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Online shopping service Rent the Runway announces 150 jobs for Galway

An online shopping service has announced it will hire 150 new staff for its Galway city base. Rent the Runway, which rents dresses rather than sells them, aims at hiring engineers and tech developers over the next three years.

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Navan Retail Park to lead the way in sensory-friendly shopping

Navan Retail Park is set to launch a project which will make store visits easier for people with autism and other sensory difficulties. The initiative is set to be launched in Navan with a special family day on Saturday, April 27 between 11.00am and 1.00pm.

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Indoor skydiving area mooted as €75m Dublin retail park is approved

Plans for a €75m Carrickmines retail park in Dublin have been approved. The scheme involves an 84,000 square metre addition to the existing park. It will include shops, restaurants, retail warehouses, 130 apartments and leisure facilities including an indoor skydiving area.

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Retail sales well above expectations

Consumers ignored concerns surrounding Brexit to send retail sales surging in March, according to official figures. Sales were up 1.1% on February, well above expectations of a fall of 0.3% and driven by food and non-store retailing, the Office for National Statistics (ONS) said.

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Maxol invests £1m at Glenabbey service station in Northern Ireland

Forecourt retailer The Maxol Group has completed a substantial investment in its Glenabbey Service Station. The group invested over £1 million in the 3000 square feet station, located close to Sandyknowes roundabout, creating eight new jobs for the area.

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Topics: irish retail news, retail irish news, retail news