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's Consumer Index records first consecutive drop in spending
Visa’s Irish Consumer Spending Index recorded the first back-to-back fall in household expenditure in June, and the sharpest decline in spending since the series began in September 2014. The Index, which is produced by IHS Markit and measures expenditure across all payment types…
The Irish economy grew by 8.2% last year, latest figures show
Ireland’s economy grew 8.2% last year, according to newly released figures from the Central Statistics Officer (CSO). Gross Domestic Product (GDP), a measure of the total output of the economy, stood at €324 billion for the year, according to the CSO.
Business sentiment hits nine-year low
Growth expectations amongst Irish companies have hit a nine-year low, with wage costs and skills shortages joining old reliables such as Brexit and global trade tensions on the list of concerns. Manufacturing firms' expectations for growth haven't been as low for a full decade…
Retail Ireland elects Maxol Group boss as new Chairperson
Retail Ireland, today announced Brian Donaldson, chief executive of The Maxol Group, as its new chairperson. Donaldson will serve a two-year term and replaces outgoing Chairperson, Willie O’Byrne, managing director of BWG Foods.
Proportion of adults purchasing lasagne kits increases
There has been a slight increase in the proportion of adults purchasing lasagne kits, with 19% of adults claiming to purchase once a month or more often, up from 16% in the same period last year. This research, conducted on behalf of Retail Intelligence by Empathy Research…
Aldi earns the top ‘Mark’ in Bord Bia survey
Aldi has come out on top in a Bord Bia audit of the prevalence of its own Quality Assurance Mark in Irish supermarkets and convenience stores. More than 90% of its fresh meat bears the mark, assuring it to be of sufficient standard from a reputable Irish producer.
Dunnes crosses Swords for JC Savage supermarket takeover
Dunnes Stores is seeking to acquire JC Savage supermarket, the renowned, family-owned retailer which is the listed owner of Swords Shopping Centre in Dublin. The Irish Times reports that the business has been making a loss in recent years since the German discount…
Musgrave MarketPlace invests €2.6m to upgrade Galway, Derry branches
Musgrave MarketPlace, one of Ireland’s leading wholesale supplier to foodservice and retail businesses, has announced that €2.6 million has been invested in upgrading some of its branches into a state-of-the-art Food Emporium.
Mace raises €100,000 for Down Syndrome Ireland
Ahead of this year’s Tour de Munster cycle event in aid of Down Syndrome Ireland, Mace retailers recently handed over an incredible €100,000 donation to the charity for monies raised over the term of its official partnership.
Circle K announces relaunch of Spin & Win Promotion
Forecourt retailer Circle K has announced the return of its Spin and Win promotion, which will see €500,000 worth of prizes being awarded to consumers across Ireland over the next nine weeks. Its return comes just a few weeks after the promotion’s first cycle, which saw …
Northern Ireland facing ‘retail armageddon’, industry body warns
Northern Ireland fell to the bottom of the UK’s shopper footfall tables for June as overall footfall in the North dropped by 5.2 per cent leading to grim warnings from retail chiefs about the future outlook for the retail sector.