CPM, Ireland’s leading field sales company, takes a look at the Irish retail news for this week. Every Wednesday we share the recent announcements. 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.
One In Five To Cut Back On Drinking In November
One in five (20%) adults who drink alcohol claim they will cut back on the amount of alcohol they consume in the run up to Christmas, with a further one in five (19%) unsure yet, as to whether they will reduce their consumption. Recent research on behalf of Retail Intelligence by Empathy...
No festive cheer for retailers as fears grow over Brexit impact
High street retailers had been looking forward to 2016, a year when the long-promised recovery would really start to be felt at the tills. But just when it looked as though the first green shoots of recovery were sprouting around the country, a Brexit vote, sterling volatility, and the onward...
Travelling North for Christmas shopping 'a real negative for Irish retailers'
The Government Chief Whip has said Irish retailers will suffer if shoppers choose to go to Northern Ireland to do their Christmas shopping. Since the Brexit vote, Sterling has taken a slump and consumers are cashing in on the weak exchange rate to Euro.
These are the toys that are likely to sell out of Irish shops as Christmas draws closer
He's making a list, he's checking it twice - but Santa needs to get a shift on if he wants to have these toys in his sack. Girls and boys across the country maybe haven't even thought about writing their letters to the North Pole yet.
Instagram to launch online shopping trial
Instagram is to begin trialling online shopping from within the photo-sharing app, the social media site has said. Beginning in the US next week and involving a initial group of 20 retailers, posts to the Facebook-owned site from brands including Kate Spade and JackThreads will include tags...
Topshop & Topman choose Dublin’s Jervis Shopping Centre for flagship store
It was announced today that the UK’s largest fashion retailer, the Arcadia Group, has agreed a deal with Savills and the Jervis Shopping Centre in Dublin to operate a new 20,000 square foot flagship Topshop / Topman store. Savills describe the deal as a "major retail coup for Dublin."
Brown Thomas sales up by 11% and profits by more than 60%
Upmarket Irish fashion retailer Brown Thomas enjoyed a bumper 2015 with sales rising by 11 per cent and underlying profit increasing by more than 60 per cent. Latest accounts for Brown Thomas & Co Ltd show it achieved turnover of €172.5 million in 2015, up from €155.4 million a year earlier.
Tesco Galway redistributes 66,000 meals to local charities
Local charities and groups across Galway have received almost 66,000 meals to date from Tesco Ireland through their surplus food donations programme run in partnership with FoodCloud, a social enterprise co-founded by Galway native Aoibheann O’Brien.
Easy Tiger: retail chain sees profits, turnover jump
The Irish company that runs the Tiger chain of retail stores recorded revenues that were 66 per cent higher last year, new accounts show. Tiger Retail Ireland Limited, which is 50 per cent owned by husband and wife team Gillian Maxwell and Niall Stringer, with the remainder owned...
'Touchy feely shoppers' offer boost to Northern Ireland's high street retailers
Two out of three people in Northern Ireland prefer to touch, lift, feel and try a product before they make a purchase, a new post-Brexit survey shows. In what will be seen as a welcome boost to retailers ahead of the Christmas build-up, the Barclays 'New Retail Reality' report found 67%...
Northern Ireland retailers are pumpkin up the volume as shoppers buy for Halloween
Northern Ireland's retailers are getting into the Halloween spirit as they prepare to cash in from sales of popular 'fright night' items. It is hoped this year's event will get people in the spending mood, with the American tradition of carving a pumpkin taking over from the Northern Ireland...