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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Maria Diaz on Nov 29, 2018 3:12:24 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.

 

Pharma sector sees largest sales volume increase but overall monthly retail sales flat – CSO

The volume of retail sales stayed flat in October, while an annual comparison saw an increase of 5pc. Excluding motor sales, the volume of sales actually dropped by 1.1pc in comparison with September, with an annual increase of 4.2pc.

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Index shows largely unchanged consumer sentiment

Consumer sentiment is largely unchanged in the latest Bank of Ireland Economic Pulse. However, concerns over Brexit are dampening the business mood meaning the index has posted its lowest reading of 2018 to date.

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Consumer sentiment falls as Brexit comes closer to a deal

Bank of Ireland’s Economic Pulse has revealed that Irish consumer sentiment has fallen by 2.7 points on October’s index. November’s Economic Pulse stands at 89.9, which is also 0.6 points lower than a year ago.

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Irish smartphone users check their device 55 times a day, survey finds

Smartphone users in Ireland look at their phones on average 55 times a day, a new survey has found. While this is down from 57 last year, 13% of users say they check their phones more than 100 times a day.

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Online grocery moves forward with 13% year-on-year growth

Online sales of groceries grew by 13% globally in the 12 months ending June 2018, according to new research by Kantar Worldpanel. Online FMCG sales now account for 6.3% of all FMCG sales worldwide.

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Shop ‘til you drop this season: How the shopping habits of Irish consumers have changed

The shopping habit Irish shopping habits are changing, bringing value for some and penury for others, writes Rita de Brún. Ireland was once a nation of saints and scholars. Today it’s a land of spenders and shoppers with online shopping increasing fivefold…

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MediaCom Research reveals average Irish shopper to spend €808 on Christmas

With Black Friday and Cyber Monday dominating the headlines this week, in the run-up to the much more significant Christmas period for retailers, Irish people are planning to spend more this year according to new research carried out by the GroupM agency MediaCom.

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1 in 10 planning cross-border Christmas shopping trip

With children across Ireland writing their Christmas wish lists and many of us counting down the days to the festive season, the AA has found that a sizeable percentage of Irish consumers are planning to do at least part of their shopping across the border.

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Online orders expected to soar by 635%, as Ireland embraces Black Friday sales

Irish shoppers appear to have embraced the Black Friday and Cyber Monday fever as new figures show that sales orders from Ireland rose by 635% last November, compared with the monthly average.

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Consumers expect 50% discounts on Black Friday, says Retail Ireland

Consumers are now expecting deep discounts of as much as 50% on a wide range of products on Black Friday, as retailers are preparing for a busy weekend, said Retail Ireland. “Retailers are increasingly reluctant to engage in such deep discounting…

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Irish shoppers embrace Black Friday with online orders set to soar

Online shoppers in the Republic have firmly embraced Black Friday and Cyber Monday, according to new figures that show sales orders originating from Ireland jumped 635 per cent last November compared with the monthly average.

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Black Friday shopping expected to overtake Christmas

This is based on information which shows that the number of deliveries in the week following Black Friday in 2017 jumped 48%, while current activity in the days leading up to this year’s Black Friday week and weekend is already up 17.5% compared to the average week.

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'We can’t compete with the massive discounts' - independent retailers on the challenges they face on Black Friday

While big name retailers prepare themselves for the chaotic sales on Black Friday this week, a number of independent retailers will be sitting themselves out. For independently owned shops across Ireland, Black Friday can be a difficult day to navigate.

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Local Irish retailers hit back at Black Friday 'headaches' by encouraging a new shopping trend instead

Irish retailers are taking part in a new annual shopping trend to fight back against the recent introduction of Black Friday sales. Today, shop-owners across the country are promoting #GreenFriday to encourage consumers to buy products from local, independent businesses.

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Consumers shun local shops in bid for Black Friday deals

Shoppers will go online in their thousands to take advantage of Black Friday sales and the collapse in the value of sterling. But some Irish retailers fear that consumers will abandon the main street as they seek digital bargains.

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Black Friday a ‘double-edged sword’ for Irish retailers

Black Friday and Cyber Monday will be a “double-edged sword” for Irish retailers with margin pressures incurred from major discounting offsetting the spike in business, a retail expert has said. Thomas Burke of Ibec trade body Retail Ireland says that with 70%...

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Irish retailers question benefit of Black Friday

As retailers prepare for a bounce in business around the Black Friday weekend, an organisation representing them has warned the spending spree is having a distortive effect on the trade. Retail Ireland said the benefits are now being openly questioned by retailers…

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Black Friday bad for retailers and consumers

The Black Friday and the Cyber Monday online spending splurge is bad for retailers and possibly poor value for shoppers too, Moody’s Investors Service has warned. The ratings firm said consumers may well become wary of the shopping phenomenon when they realise in future…

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Here's how to shop safely online, according to the Gardaí

An Garda Síochána have issued some safety tips for consumers shopping online in the run-up to Black Friday and Cyber Monday. The guidelines, issued in association with the FraudSMART, a fraud awareness initiative led by Banking & Payments Federation Ireland…

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Online shopping to generate 10,000 tonnes of packaging waste

Packaging waste generated in Ireland from online shopping outside the country will grow by more than a third this year. The amount of online packaging waste is expected to reach more than 10,000 tonnes this year, up from 7,500 tonnes in 2017.

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Online vendors urged to pay towards recycling packaging

A new report from Repak shows that packaging waste from online retailers will grow by 34% this year. According to the recycling company, Ireland is generating over 10,000 tonnes of packaging waste from online shopping per year, up from 7,500 tonnes in 2017.

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Food and drink industry commits to the “circular economy of packaging”

This week, Food Drink Ireland (FDI), the Ibec group that represents the food and drink industries, hosted an industry briefing on the future of plastic packaging and reaffirmed its commitment to the “circular economy” of packaging. The event highlighted Ireland’s collection…

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ESB collaborates with IBM research – Ireland to help retailers save energy using AI and IOT applications

ESB’s Smart Energy Services business unit engaged with IBM Research – Ireland to show retailers how the Internet of Things (IoT) and Artificial Intelligence (AI) analytics can yield high energy savings. This unique proof of concept research study focuses on the high energy…

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The first ‘Irish Times’ sustainability survey: supermarkets

This is an edited selection of responses to a sustainability survey that The Irish Times asked a selection of food businesses to take part in.

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SuperValu, Centra and SEAI contribute over €350k to charities and community groups to improve energy efficiency

Enable Ireland and the Simon Community, along with eight local charities from around the country, received a substantial investment of €353,000 from eight SuperValu and Centra stores and the SEAI (Sustainable Energy Authority of Ireland).

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SuperValu boosts Christmas food range by 24%

Convenience retailer SuperValu - part of Musgrave Group - has said it's boosted its Christmas food. The chain has now launched a Signature Tastes range for Christmas, including wines and spirits, party foods and desserts, fresh meats, side dishes, cheese and condiments.

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Tesco hosts 'Festive Fun Days' this weekend to raise funds for Temple Street

Tesco stores is hosting 'Festive Fun Days' over this weekend of Saturday 1 and Sunday 2 December which will include cake sales, face painting and much more in aid of charity partner, Temple Street Children’s University Hospital.

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C-Store Awards 2018 winners announced: Spar Parkwest is Ireland’s Best Convenience Store

More than 400 honoured guests from Ireland’s grocery retail and FMCG industry gathered at Dublin’s Citywest Hotel on Wednesday 28 November for the 2018 C-Store Awards. More than 40 awards were presented on the night, including those for…

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Lidl lashes out at grocery rivals over 'vexatious delaying tactics'

Lidl has lashed out at rivals, accusing them of making vexatious planning complaints against new Lidl stores. The German retailer said Tesco and retailers’ group RGDATA had engaged in a “planned and sustained campaign to delay the construction or refurbishment of Lidl stores”.

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RGDATA is not a vexatious objector, says its Director General

In response to a statement by Lidl Ireland describing Tesco Ireland and RGDATA as lodging vexatious objections to their planning application for a new store, Tara Buckley, the group's director general, has said that 'RGDATA is not a vexatious objector'.

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Aldi shoppers to donate 20,000 meals to help people in need this Christmas

Black Friday is a day for spending, but Aldi is trying to make it more about giving with its Food for Good Christmas appeal. The discount supermarket is teaming up with FoodCloud to ask shoppers to donate the equivalent of 20,000 meals this Christmas.

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Aldi staff present Waterford Marine Search and Rescue with charity cheque

Aldi has announce that Waterford Marine Search and Rescue is the latest organisation to benefit from Aldi’s 2018 Community Grants programme. Aldi’s Ardkeen store staff have awarded the search and rescue service a €500 grant in recognition of its tremendous…

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Circle K Owner posts 21% revenue increase in second quarter

Alimentation Couche-Tard, which operates the Circle K and Ingo chains has posted a 21.1% increase in revenue in the second quarter of its financial year. The Forecourt retailer attributed this mainly due to increased fuel prices and acquisitions.

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Maxol aims to raise over €60,000 this Christmas for Aware

Maxol, one of Ireland’s leading forecourt and convenience retailers, is aiming to raise over €60,000 this Christmas for Aware. Aware, which is Maxol’s charity partner, provides support, education, and information, for people impacted by depression, bipolar disorder, and mood-related conditions.

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Harvey Norman hire 13 new staff for Christmas and Black Friday rush

In anticipation for the upcoming busy Christmas period, Harvey Norman Tallaght has hired 13 new members of staff and are ready to take on Black Friday tomorrow, November 23. Black Friday has become the perfect time for shoppers to get their Christmas shopping…

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Harvey Norman franchisee sales edge lower

Sales at Harvey Norman’s Australian franchisee-operated stores have been slightly lower so far this financial year. The homewares and electricals retailer, which is holding its annual general meeting on Tuesday, says franchisees’ comparable sales for July 1 to November…

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B&Q blames Brexit as retail meltdown grips DIY chain

DIY giant B&Q is facing more woe after seeing sales tank yet again. The company’s owner, Kingfisher, warned there was "no quick fix" to its problems as it posted a slump in sales at the DIY chain, and said it will exit its business in Russia, Spain and Portugal to focus on its core markets.

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Black Friday sales boost for beleaguered Belfast traders

Tenacious bargain hunters hit Belfast's Black Friday sales yesterday as the city centre enjoyed its biggest shopping day in months. In the wake of the Primark fire in August, shoppers have deserted the key retail area around its cordoned-off Bank Buildings premises.

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Lidl enjoying fastest growth of Northern Ireland's major supermarkets

Lidl is the supermarket with the fastest growing sales in Northern Ireland over the last year, according to research. Kantar Worldpanel's Northern Ireland Consumer Spend data revealed that over the 52 weeks to November 2, the German retailer's sales…

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Leitrim customers offered the chance to win their Christmas shopping for just €1

Lidl Ireland is now offering customers in Leitrim a chance to win their entire Christmas shopping with The Lidl Trolley Dash. Winners will be challenged to a ‘Supermarket Sweep’ style dash around their local Lidl store to grab as much of their Christmas shopping as possible in just two minutes!

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Currys PC world expects sales to increase on Black Friday

Black Friday is yet again set to be the busiest time of the year for Currys PC World, Ireland’s largest electrical retailer with sales predicted to increase by 20% compared to 2017. To support the expected increase in online visitors, the company recently launched…

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Ikea to cut up to 20 jobs in Ireland as part of 'transformation'

Flat pack furniture giant Ikea is to cut up to 20 jobs in Ireland over the next two years as part of its global transformation plan. The job cuts will come as part of a cull of 7,500 Ikea workers worldwide. Ikea currently employs 730 staff at its two outlets here - the full-sized store…

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