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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maëlle Le Ruyet on Mar 28, 2018 2:39:07 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.

 

 

Almost 4 in 10 purchase dinner out of home every weekend

Almost 4 in 10 (39%) adults claim that they purchase dinner out of their home at least one day each weekend, with 5% of adults purchasing dinner out on both days of the weekend. These are some of the findings from recent research amongst a nationally representative sample of 1,051 adults aged…

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Online retailers face “returns tsunami” as try-before-you-buy trend intensifies

A new report released today highlights the hidden dangers of online companies introducing try-now-pay-later options for customers. According to the study’s authors, Brightpearl, the trend is threatening to overwhelm retailers – many of which are already reaching crisis point – with a huge surge of…

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Irish consumer prices may rise by 3 percent in "hard Brexit"

Irish consumer prices might rise as much as 3.1 percent, or 1,360 euros per household, if Britain’s exit from the European Union leads to tariffs being imposed on goods coming into the country, a government-funded research body said on Thursday. Ireland’s export-focussed economy is…

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Irish retail companies gave generously in 2017

Business in the Community Ireland, which promotes responsible practices among Irish businesses, has published its latest Business Impact Map for 2017, which outlines the charitable efforts of the organisation’s members. Among retail and FMCG companies, almost €2m was given in donations…

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Retail sales bounced back in February but underlying conditions remain soft

Amid a growing number of retailers falling into administration or launching major restructuring efforts to secure their survival, data released today by the Office for National Statistics (ONS) suggests trading picked up last month. The figures show retail sales volumes grew 0.8% in February…

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Shoppers urged to leave packaging in supermarkets as part of campaign

Supermarkets need to do more to halt “the rising tide of plastic”, according to the organisers of a day of action targeting excess packaging and plastic. The “Shop and Drop” event, due to take place on Saturday April 21st, will see shoppers urged to politely leave packaging at the checkout. The action…

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Drinks industry welcomes new Brexit loan scheme

The Brexit Loan Scheme launched by the Government today (28 March) will be an important resource for Ireland’s drinks industry, which faces unique risks associated with Brexit, according to Alcohol Beverage Federation of Ireland (ABFI). 'The new scheme reportedly aims to provide affordable…

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EU drinks producers commit to provide nutritional information

A new EU-wide commitment by drinks producers to provide more nutritional information and listing of ingredients has been welcomed by Alcohol Beverage Federation of Ireland (ABFI). SpiritsEUROPE and Brewers of Europe, of which ABFI are members, are among the seven drinks trade associations…

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Bookselling contributes €132m to Irish economy

Ireland would be much poorer without bookshops, which contribute a total of €132m to the economy, a new report has found. Altogether 234 bricks-and-mortar shops in Ireland produce a turnover of €98m a year, employ 3,233 people in full time jobs (directly and indirectly), and pay a total of €32.3m…

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Five Kildare charities receive grants from Aldi

Five Kildare charities have been announced as the recipients of the latest award of €500 by supermarket chain Aldi. The groups will benefit from Aldi’s Community Grants programme through its stores in Kildare. A store champion from the respective Aldi stores awarded the charities with the…

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Lidl stores across Louth will be implementing Autism Aware evenings

Lidl stores across Louth and the rest of Ireland are to implement Autism Aware quiet evenings, beginning on World Autism Day.  The supermarket chain will begin implementing a number of sensory adjustments from April 2nd, every Tuesday, between 6pm and 8pm. The full roll-out is…

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Dixons returns to profit after €7.9m gain

The Irish arm of the Dixons retail operation last year returned to profit to record pre-tax profits of €6.36m after an exceptional gain. The return to profit followed DSG Retail Ireland Ltd recording pre-tax losses of €24.84m in 2016. Revenues at the company, headed by Mark Delaney, managing…

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Jobs at risk at Carpetright as retailer eyes store closures

Embattled retailer Carpetright has put jobs under threat as it draws up sweeping restructuring plans which will close poorly-performing stores and see it tap investors for up to £60 million. The group said it was "exploring" a company voluntary arrangement to help shore up its financial position…

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Softer sales at B&Q & Screwfix reflect “uncertain” UK outlook, says Kingfisher

Despite Screwfix posting a robust performance for the year, with LFLs up 10.1%, “softer sales patterns” were reported across Screwfix and B&Q, as demand for big-ticket lines slowed. Sales across Kingfisher UK & Ireland operations were up 0.4% (+0.6% LFL) to £5,003million, bolstered by a…

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Starbucks launches $10 million recyclable coffee cup challenge

Starbucks is boosting its investment in developing recyclable coffee cups, by offering grants to entrepreneurs working to develop more sustainable cups. The international coffee company is investing $10 million in partnering up with Closed Loop Partners and its Center for Circular Economy…

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ASOS handled printing 17,000 shopping bags with a typo in a pretty unique way

Next time you order something from ASOS, don’t be so quick to throw away the packaging. You could be one of 17,000 lucky owners of an exclusive misprinted plastic shopping bag. The clear plastic packaging reads: “ASOS discover fashion onilne”, instead of … Well, you’ve probably guessed.

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Ted Baker shares fall as misery extends in UK retail

Fashion retailer Ted Baker has cautioned against a tough global environment ahead, sending its shares down more than 7% at one stage. The warning came despite a 12% rise in annual pre-tax profit on the back of higher online sales. However, it may underscore the problems in UK retail with…

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SOSAD open up pop-up shop in Longwalk SC Dundalk

SOSAD Ireland opened up a pop-up shop today, the 22nd of March, in the Longwalk Shopping Centre Dundalk. The shop will be open until next weekend, and donations are welcome. Clothes which are in good condition, children’s toys, books and housewares are sought after. All proceeds will go to...

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Surprises on day one of Northern Ireland road trip

A group of seven independent retailers from mainland UK flew to Belfast yesterday to begin a study tour set up by Independent Retail News and the team behind the Retail Industry Awards. On the first day, the retailers and representatives from sponsors JTI, Addo Food Group and Invest NI visited a…

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Topics: irish retail news, irish retailers, irish retail, irish retail sales, Irish news, retailers ireland, Retail News Ireland, Retail Ireland, Northern Ireland