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.
Retail sales post sharpest drop in nine months - CSO
Retail sales posted their sharpest contraction in nine months in May, posting a monthly fall of 2.5 percent, Ireland's statistics office said on Monday.
Latest CSO Sales Figures Highlight Continuing Recovery Of Retail Sector
Retail Ireland, the Ibec group that represents the retail sector, the latest CSO Irish retail sales figures highlight the continuing recovery of the retail sector. Despite this, the group said many retailers are still struggling with high pre-recession legacy costs.
Retail sales 'dampened' as first wave of water bills wash through letterboxes
Retail sales fell in May as water bills came through consumers' letterboxes. Retail sales, which were still well up on last year, fell by 2.5pc in May compared to April and were down by 2pc when car sales were excluded.
More retailers go broke as insolvencies rise by 10pc
The number of corporate insolvencies rose by 10pc in the three months to the end of June with figures in the retail industry seeing a notable jump, according to a new survey.
200,000 ice creams to sell every day as heatwave hits Ireland
Ireland is experiencing a mini heatwave as temperatures are expected to reach up to 25 degrees over the coming days.
Ireland Becoming A Nation Of On-The-Go Tea And Coffee Drinkers
Ireland is increasingly becoming a nation of on-the-go tea/coffee drinkers, according to the latest Consumer Insights study from Empathy Research.
A quarter of respondents to this week’s Consumer Insights survey cited they purchase take away tea/coffee at least once a week, while almost 1 in 5 respondents (19%) said they buy tea/coffee from convenience stores such as Spar, Londis, Centra at least once a month.
The dos and don’ts of summer sales shopping
The thought of summer sales might make you shudder in horror or squeal with excitement depending on your attitude to spending but approach them with cool headedness and a little shopping savvy and you can save yourself major buck.
Merchandise trade is accelerating
With a population of just over 4.6 million people and with fewer than two million people in employment, Ireland can only be described as a tiny global economic entity, writes Jim Power.
By any standards, this represents a very limited domestic market. To suggest as some did in the heyday of the construction, banking and consumer boom that Ireland could afford to become more domestically focused due to very favourable demographics, was nonsense then and is nonsense today.
Five retail parks go on market for €162m
Five retail parks in Dublin and around the country have been put on the market with an asking price in the region of €162m.
The portfolio covers Nutgrove Retail Park in Dublin, Tullamore Retail Park in Offaly, Sligo Retail Park, Deerpark Retail Park in Killarney, and Sligo Retail Park.
Ireland’s Leading Retailers Honoured At 2015 Checkout Best In Fresh Awards
Some of the biggest names in Irish grocery descended on The Shelbourne Hotel on Tuesday 23 June for the 2015 Checkout Best in Fresh Awards, the only annual event to acknowledge excellence in fresh produce retailing.
Ikea plans new form of expansion in the UK
Ikea is expanding its UK operations by combining online and in-store shopping through the launch of smaller concept stores. UK & Ireland boss Gillian Drakeford acknowledges the retailer needs to meet the market in a different way.
Tesco Ireland starts to stem losses as sales drop by 4.4pc
Sales at Tesco Ireland fell by 4.4pc on a on a like-for-like basis in the thirteen week period to the end of May, according to new figures from the grocery giant.
Positive signs at Tesco as turnaround takes shape
Price cuts and better service helped Tesco to win back shoppers in the first quarter of its financial year, Britain’s biggest retailer said yesterday, suggesting new boss Dave Lewis’s turnaround plan is starting to bear fruit.
Thousands of products set to disappear from Tesco shelves
Tesco have had a rough time of it this past year or so, with profit warnings and the accounting scandal of last autumn that saw the retailers reputation take a hit among customers and suppliers alike. Tentative steps towards recovery have been made by CEO Dave Lewis though. His latest move, on the back of a slight improvement on results in the last quarter, is to remove almost 1/3 of Tesco’s 90,000 product lines from shelves in an attempt to secure better deals with fewer partners and drive prices down.
Cork and Kerry food start-ups to create 65 jobs following SuperValu listings
Minister for Agriculture, Food and Marine Simon Coveney announced 65 new jobs this morning at the Cork and Kerry Food Forum which took place at Cork City Hall over the weekend.
Carryduff: Fresh plans for retail development
The owner of a shopping centre in County Down has filed fresh plans for its demolition and redevelopment.
A plan approved in 2012 for Carryduff Shopping Centre involved building 19 new shop units with floorspace of 8825sq m and 150 apartments.
Aldi’s military call-up weakens defence
Private companies, including discount giant Aldi, have been actively seeking senior defence force personnel at such a rate that top brass warn the military is at serious risk of “not being fit for purpose”.