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Retail Intelligence

Retail Intelligence

Posted by Maria Diaz on Apr 1, 2021 4:51:57 PM

Welcome to CPM's monthly retail news roundup, Retail Intelligence. In these posts we will share some of the key highlights of the Irish retail industry and what this means for your business. With over 34 years of experience driving sales in the Irish market, at CPM we have a passion for retail and insights, so we hope you find this content useful. We would also love to hear what content you would like to see in the future so please feel free to contact us with any thoughts.

 

Consumer sentiment in Ireland continues to increase, according to the latest KBC Bank Ireland Consumer Sentiment Index. In March, the index improved to its best level in twelve months, showcasing an increased sense of economic and financial resilience to COVID-19 by Irish consumers.

 

The sales in Ireland of take-home grocery grew by 16.3% in the 12 weeks to February 21st. The latest figures by Kantar show that during the past month sales grew by 17.7% - the highest level since November 2020, with shoppers spending an additional €151.1 million.

 

SuperValu took over Dunnes in its position of Ireland’s top grocery retailer as it grew sales by 20.9% to hold a 22.3% share of the market. According to Checkout Magazine, SuperValu was the only retailer to attract new shoppers into its stores and its customers traded up when they were there – with shoppers spending an additional €70 million on branded goods compared to this time last year.

 

According to the new level of restrictions announced for the upcoming months, Irish pubs, hairdressers and non-essential retail will be reopening at a later stage and depending on progress. Retailers expressed their concerns about click and collect services staying closed until May.

 

Online sales continue to grow with February sales hitting their highest level since May 2020. Online grocery sales had another record-breaking month as shoppers ordered €63 million worth of take-home groceries, accounting for 6.3% of all sales

 

To read more Irish retail news, click on the links below:

 

Irish Consumer Sentiment increases to best level in twelve months

Irish consumer sentiment improved to its best level in twelve months in March, research showed. According to the latest KBC Bank Ireland Consumer Sentiment Index, this hints at an…

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Kantar: Irish shoppers spend extra €2 billion on groceries in pandemic year

The latest figures from Kantar show that take-home grocery sales in Ireland grew by 16.3% in the 12 weeks to 21 February 2021.

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Irish pubs, hairdressers and retail reopening latest after Taoiseach's lockdown announcement

While we now have some hope for a return to normality, there was more bad news for pubs, restaurants, hairdressers and non-essential retail outlets.

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Retailers 'disappointed' at deferral of Click&Collect

The organisation representing 2,000 retailers here has said it is "deeply shocked and disappointed" at the Government's decision not to allow click and collect services to reopen next week.

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Online shopping surges again amid harsh lockdown for retail stores

Online sales rose for the second successive month in February and hit their highest level since May 2020 as physical shops were locked down after Christmas, according to the Central…

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Consumers ‘not comfortable’ shopping on high street until Covid under control

Almost three-quarters of consumers say they will not feel comfortable shopping on their local high street until the Covid-19 crisis is better controlled.

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Strong Irish GDP growth in 2020 despite late slippage

KBC has released a report detailing how 2020 brought growth in Irish GDP (Gross Domestic Product) in spite of late slippage, with Ireland likely to outperform the world in GDP growth for the year.

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Sales of fresh fruit and vegetables enjoy massive jump since New Year

New sales data for the first quarter of 2021, published by leading Irish retail group BWG Foods, shows that Irish consumers have embraced a healthier New Year by consuming record levels…

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Cold and flu remedy sales dip 55% in past 12 weeks

According to a report released by retail analysts Kantar, retailers have reported a 55% drop in the sales of cold and flu remedy products in the past 12 weeks compared to the previous year.

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Value growth increases but COVID slows bakery and deli sales

As part of our focus on all things fresh in store, Nielsen’s Nicole Farren takes a look at how supermarkets fresh food departments have been faring in the last 52-week…

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Continued ‘click and collect’ ban compounds pressure on retail, says Retail Ireland

Retail Ireland, the Ibec group that represents the retail sector, today expressed disappointment and frustration at the failure of government to reintroduce click and collect retail services…

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Bord Bia research reveals global reset towards balanced and inclusive dietary lifestyles

New global research from Bord Bia on the dietary lifestyles of 18,000 people across nine countries, including Ireland, has highlighted that consumers are taking a more balanced approach…

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How Dubliners plan to shop in 2021

A new research study entitled ‘Checkout/Out’ conducted by PML Group in partnership with Ipsos MRBI Check/Out, delves into consumer’s shopping intentions and behaviours.

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61% of people interested in holidaying in Ireland this year: Core research

In positive news for retailers in popular tourist spots, over 60% of people are interested in holidaying in Ireland this year, provided it is safe to do so, according to new research from…

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SuperValu donates one million hand sanitisers to charity

SuperValu has announced that it has donated one million hand sanitisers to St. Vincent de Paul and those living in direct provision centres with the support of the Irish Refugee Council and Doras.

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SuperValu donates 1 million hand sanitisers

As the Covid-19 pandemic continues, hand hygiene has become more important than ever and hand sanitiser is a vital tool in keeping ourselves safe.

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Dunnes Stores fundraising drive for Irish Heart Foundation more than doubles target

Dunnes Stores' customers all over Ireland raised over €340,000 to support the work of the Irish Heart Foundation over Valentine’s weekend.

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Tesco Ireland reflects on a landmark year

As the country marks the one-year milestone since the first COVID-19 national restrictions were introduced, Tesco Ireland looks back on a year like no other.

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Tesco Ireland recognised as A Best Workplace for Women in Ireland

Tesco Ireland has been recognised as one of 22 Best Workplaces for Women in Ireland, by Great Place to Work, for the third consecutive time.

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Aldi unveils plans to open new Cootehill store

Aldi Ireland today announced it will be bringing up to 25 new permanent jobs to Cootehill, Co Cavan as it plans to open a new store in the town.

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Aldi set to replace all plastic straws with recyclable paper

Aldi is introducing new, fully recyclable paper straws across its own-label Kids Smoothies and Orange/Apple Juice Cartons, becoming the first supermarket in Ireland to do so.

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Aldi’s new sustainable packaging to remove almost 26 tonnes of non-recyclable plastic from stores annually

Aldi Ireland has introduced new sustainable packaging across ten of its own-label products this month, which will see almost 26 tonnes of non-recyclable plastic removed from…

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Aldi aims to sell over 1,500 tonnes of Irish-Grown strawberries in 2021

Aldi has announced it is aiming to sell more than 1,500 tonnes of Irish-grown Bord Bia Quality Assured strawberries this year across its Irish stores, representing an increase of 15% on 202.

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Lidl Ireland & NI launch first island-wide supermarket circular economy strategy

Lidl Ireland & Northern Ireland have announced it is set to become the first large nationwide supermarket to establish a circular economy strategy, helping to 'fuel its logistics…

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Lidl Ireland announces €10 million deal with Manning’s Bakery

Lidl Ireland has today announced a multi-million-euro deal with Coolock-based Manning’s Bakery to the value of €10 million.

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Spar teams up with Ireland Manager Stephen Kenny to launch FAI School Zone

Spar has announced the launch today of its FAI School Zone with Republic of Ireland International manager Stephen Kenny and Spar sales director Colin Donnelly.

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Centra sees demand soar for ‘full Irish’ breakfast during pandemic

Centra has recorded a significant increase in demand for breakfast foods during the pandemic, with its Inspired By product range generating almost €2m in sales through Irish producers last year.

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Star Power: Gala Retail announces sponsorship of Starcamp

Gala Retail is the new commercial sponsor of Starcamp, committing to a two-year partnership that sees Gala named as the title sponsor.

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Applegreen transitions to private company, completes stock market delisting

Applegreen has announced the completion of its transition to a private company, formally announcing its delisting from the Euronext Growth and AIM stock exchanges.

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Musgrave calls on the government to fast-track measures to tackle high insurance costs

Retailer Musgrave has called on the Government to fast track a suite of measures required to tackle high insurance costs in Ireland. Musgrave supports over 1,000 independent retailers in Ireland.

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Nearly 1,300 have received qualifications through BWG Academy during pandemic

BWG Foods has continued to provide vital training and upskilling for its independent retailers through the Covid-19 pandemic by reimagining its pioneering employee…

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Topics: irish retail news, retail news, Retail Intelligence