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Irish Retail at a Glance

Irish Retail at a Glance

Posted by Domenica Soldo on Jul 18, 2018, 3:33:25 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.

 

 

Heatwave leads to 134pc increase in sales of ice-cream, and 50pc increase in burger and hot dog buns

Ice-cream sellers triumphed during the three-week heatwave, with more than one million 99s sold across the country. It's set to be the hottest summer since 1976 and the recent spell of good weather has seen sales of ice-cream mix for whipped cones increase by 134pc - with more than…

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Heatwave drives consumer spending to fastest growth in two years

Irish household expenditure has seen its fastest growth in almost two years thanks to the recent heatwave driving consumers out of the house and into the shops. The sentiment comes from Visa’s Irish Consumer Spending Index, which measures expenditure across all payment types, which...

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Research shows, less adults buy lasagne kits

There has been a decline in the proportion of adults purchasing lasagne kits, with 16% of adults claiming to purchase once a month or more often, down from 22% in the same period last year. This research, conducted on behalf of Retail Intelligence by Empathy Research, amongst a nationally…

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Sliced pan remains Ireland's most purchased bread

Despite the vast array of speciality breads such as sourdough, spelt and savoury breads on the market, sliced pan still remains Irish consumers’ number one with over half of Irish consumers regularly buying it, research shows. According to the recent survey conducted by Bord Bia’s in…

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Irish consumers pay 20 times more excise tax on rosé, compared to Greece

Irish consumers pay 20 times more excise tax on rosé, compared to Greece, research shows. Wine drinkers in Ireland are paying more excise tax on their glass of wine than anyone else in the European Union, according to the Drinks Industry Group of Ireland (DIGI).

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Irish wine excise tax 20 times higher than Greece

Irish consumers are paying more excise tax on their glass of wine than anyone else in the European Union. Currently, Irish consumers pay 80 cent excise tax on a standard glass (187ml); compared to four cent per glass in Greece; and one cent for the equivalent in France.

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Prices rise but Irish economy to outpace rest of EU

Rises in the cost of energy, petrol and diesel, along with higher prices of some groceries, have pushed up the rate of inflation. One of the biggest rises was in home-heating oil, which shot up by 29.4pc in the year to June. This means a 1,000-litre fill has gone up from €550 last year to €712…

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PC sales are up for the first time in six years

PC sales have increased for the first time in six years, according to two big research firms. Smartphones have hit traditional PC sales for sometime, but numbers from both IDC and Gartner show that it is looking up again at last. “PC shipment growth in the second quarter of 2018 was…

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South Dublin shoppers to see swathe of new retail schemes

In contrast to the UK retail market, where more than 300 store closures are forecast for this year, developers are gearing up to expand or develop swathes of new retail outlets in Dublin - and especially in the suburban Dun Laoghaire Rathdown County Council area. These will follow recent…

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Energy, fuel and grocery price hikes drive rate of inflation higher

Rises in the cost of energy, petrol and diesel along with higher prices of some groceries has pushed up the rate of inflation. One of the biggest risers was home-heating oil which shot up by 29.4pc in the year to June. There was also another rise in rental costs, some diary products, and cigarettes…

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Retailers call for tax fairness measures in Budget 2019

Retail Excellence, the largest retail organisation in Ireland, is today calling for targeted solutions for retailers in Budget 2019. In an increasingly boundary-less retail environment the representative body are seeking additional online supports and tax fairness measures to protect retailers from the…

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Retailer cost cutting putting fresh milk supply in shops at risk warn dairy farmers

Dairy farmers that produce fresh milk have hit out at unsustainable discounting of milk by Iceland and Aldi in the recent weeks. The Fresh Milk Producers group slammed the move as ‘socially irresponsible’ and said it is putting a complete supply chain of fresh perishable food in danger of…

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Bargain bottle of Aldi Ireland gin wins top award at international competition

An Irish gin by budget supermarket Aldi was awarded a top prize at a prestigious spirits competition - beating rivals costing nearly twice as much. Its €24.99 Boyle's Gin picked up gold in blind taste tests at the international The Gin Masters competition in London’s glamorous Ukai restaurant.

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Hickey’s Pharmacy announces five-year growth plan to double in size

Hickey’s Pharmacy, Ireland’s largest independently-owned pharmacy group, has announced the opening of two new outlets in Cork as part of an ambitious five-year growth plan through which the group will double in size. The Mayfield and Baker’s Road pharmacies will bring the total number of…

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Dunnes Stores’ ‘Simply Better Collection’ takes gold at 2018 World Steak Challenge

Ireland once again was recognised for producing world class beef at the World Steak Challenge, which saw 22 countries participating. Dunnes Stores’ Simply Better Irish Angus Steaks took home three major awards at the event in London. The Simply Better 28 Day Matured Irish Angus Rib Eye…

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Value chain books its expansion with float

The boss of discount retailer The Works insisted there has “never been a better time” to roll out more stores as it gears up for a £100million London stock market listing next week. The value books, gifts and toys chain, which operates from 447 stores, is defying wider retail gloom and sees up to…

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Krispy Kreme to create 150 jobs in first Irish store

US doughnut chain Krispy Kreme is to hire 150 people to staff its new Irish factory store. The new store is due to open in Blanchardstown in Dublin in September, marking the first move by the brand into the Irish market. The new factory store will also include a 24-hour drive-through.

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Sketcher steps in to The Boulevard creating 12 jobs

Global footwear brand Sketchers is to open its first Irish outlet store at The Boulevard in Banbridge. The US company is to create 12 jobs at the new store, due to open next month, as part of a £250,000 investment. The 229 sq m store will be situated in unit 18/19, where it will join the recently…

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Mothercare to close 60 stores putting jobs in Northern Ireland at risk

Staff at Mothercare stores across Northern Ireland have been left fearing for their jobs after it was announced the chain was to close 60 shops. The chain had originally earmarked 50 stores for closure, but updated the public this week. It means a total of 60 Mothercare stores will now be…

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Mayhem at Build a Bear shop in Belfast as it closes early on special 'pay your age' day

Customers were left disappointed at the Build a Bear branch in Belfast today, after unprecedented demand during a special sale left the shop forced to close. The retailer, which sells teddy bears that can cost as much as €50 with accessories added on, was running a “pay-your-age” day where parents

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Topics: irish retailers, irish retailers news, irishretail, Retail News Ireland, retailnews