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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Lillian Wayne on Jun 26, 2019 2:14:33 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.

 

Cost of basket of food here is 20pc higher than average across the EU

Food prices in this country are among the highest in the European Union, despite Ireland being an agricultural nation. Prices of food and non-­alcoholic beverages are 20pc higher than the average in the EU, according to Eurostat. This makes this country the fourth most expensive…

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Weather put a dampener on shopping last month as figures show spending dropped

Shoppers tightened the purse strings last month and experts reckon the poor weather was to blame. Spending was down by a massive €420million in the year to the end of May, with the latest figures showing a drop of 1.4%. The overall shopping spend in a year is estimated to be…

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Coffee, tea or key? Food and beverages lead in retail

The retail market goes through phases when particular types of shops command premium rents, and generate large "key money" payments for existing leases. For years, pharmacies were the star performer, and then it was phone shops. Now, with the general retail market…

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Over half of consumers feed their dog solely on dog food

Just over half (51%) of dog owners will feed their dog solely on dog food, a drop from 2018 figures (54%), with a marginal increase (46% from 43%) in the proportion feeding their dog a mixture of both dog food and leftovers. This research, conducted on behalf of…

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Brexit warning for banks; car sales woes; and high spirits with gin

The Central Bank has warned UK financial services firms and banks that providing unauthorised financial services to Irish residents after a no-deal Brexit would be a criminal offence. Jack Horgan Jones reports. New car sales in Ireland will hit decade lows next year unless…

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Variety and choice help gin sales drive growth in Irish spirits

The recent and still growing gin trend has driven sales in the spirits category back to levels of old, according to the most recent figures from research company International Wine and Spirits Research. As reported by the Irish Times, the research company’s findings…

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€1.25M fund to support Irish retailers online

The second call of the pilot Online Retail Scheme opens for applications today. The €1.25m fund, administered by Enterprise Ireland is targeted at retailers with an online presence to encourage acceleration of their online offerings and can be used to fund research…

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A third of EU food brands have same label, different content

Almost a third of branded food products sold in the European Union have the same or similar packaging, but different contents, according to a report published by the European Commission on Monday. However, the report did not find that there was a noticeable split…

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Adtower launches national DOOH network in SuperValu stores

The digital OOH company Adtower Digital Media has partnered with the Musgrave-owned SuperValu to launch a national network of digital advertising units in 100 stores around the country. The new Supervalu national digital network, features large 55inch full-motion HD screens…

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Aldi's beef supplier wins awards at international competition

ABP Cahir, Aldi’s beef supplier, won awards for eight different Aldi products at the International Taste Institute Awards in Brussels recently. Chefs and sommeliers from all over the world judged Aldi’s products, and Aldi’s Specially Selected Black Angus Beef range…

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Aldi stocks Cordial brand with humble roots

Clodagh Davis first sold her cordial on a stand at her children’s school, now it's available in 137 Aldi stores across Ireland. Since 6 June, the cordial has been stocked at the discount retailers stores across Ireland. Davis’ brand, Naturally Cordial, contracted with Aldi through…

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Musgrave partners with Access Earth for Volunteer Mapping Event

Irish retail and wholesaler Musgrave has recently partnered with Access Earth to run a Volunteer Mapping Event on the 14th of June 2019. Staff from the Airport Road office Cork worked in pairs to rate various business places around Cork city on their accessibility using…

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Londis retailers go to Hell & Back for Joy for Pieta House

More than 200 Londis retailers and staff undertook the Hell & Back Challenge at the picturesque Kilruddery Estate in Bray, Co Wicklow on 15 June last to raise funds for the Londis charity partner Pieta House. Londis retailers have worked with Pieta House for…

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Boots bans plastic bags and replace with paper bags

Boots is set to ban plastic bags and replace them with brown paper carriers, these bags will have strong paper and will be used across 53 stores this week. As reported by Mailonline the retailer will no longer offer plastic bags at its till in an effort to remove 40 million…

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Smart TV and smart home products boost Dixons Carphone Ireland

Dixons Carphone Ireland, which operates both Currys PC World and Carphone Warehouse, has reported a strong financial year for the 12 months to April 29. The company said it saw growth of 10.9% compared to overall market growth of 0.7%. Demand for high end…

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Lidl unveils plans for £2.6m Northern Ireland supermarket

Lidl has announced plans to open a new £2.6m store at Hollywood Exchange retail park close to Belfast City Airport, creating 26 jobs. The German firm's proposal centres on a vacant 21,500 sq ft unit next to IKEA and Harvey Norman that was previously occupied by…

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