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.
Dunnes, Lidl up ante in grocery wars
Competition in the retail grocery market intensified in the last quarter, with Tesco continuing to narrow its sales declines, Dunnes closing the gap on its rivals, and the German discounters maintaining their combined record high share of the market.
Advertising spend rises as consumers begin to flash the cash
Consumers are – at last – opening their wallets and advertisers are following that money – that’s the core and upbeat message in the AAI/Nielsen Advertising Barometer report for the first six months of this year.
50% Agree With Tesco Decision To Delist Added Sugar Juice Drinks
According to the latest Consumer Insights report from Empathy Research, just under half of Irish adults (49%) agree with Tesco’s recent decision to de-list added-sugar kids' juice drinks.
First Speakers Announced For Checkout Conference 2016
The first three speakers have been confirmed for the 2016 Checkout Conference, which takes place on Tuesday 2 February at The Round Room, the Mansion House, Dublin.
RCPI Calls For 20% Tax On Sugar-Sweetened Drinks
The Royal College of Physicians in Ireland has called for the introduction of a 20% tax on sugar-sweetened drinks in its Pre-Budget Submission. The RCPI made the call along with calling for a number of other measures, including the ‘urgent’ adoption of the Public Health (Alcohol) Bill, subsidies for healthy food and the expansion of school breakfast clubs and school fruit schemes.
Irish fashion brand Primark to launch eight retail stores in the U.S.
The leading Irish clothing brand, Primark, tries to break through in the U.S. market this year. On September 10, it will open its first store in Boston, which will followed by seven other locations across the country.
Opening its US market push, Primark eyes success at Boston site
September 10 is the long-awaited big day for Primark and Boston’s Downtown Crossing. The Dublin-based fashion retailer is opening the doors to its first US store in the redeveloped Burnham Building, once the home of Filene’s and the late, lamented Filene’s Basement.
SuperValu owner Musgrave gets green light for €57m deal to sell UK division
The Cork-based company’s British business operated the the Budgens and Londis brands, which combined have almost 1,800 stores across the UK. It is being sold on a cash free-debt free basis to UK wholesale giant Booker. Booker, the UK's biggest cash-and-carry operator, has now been cleared by the Competition and Markets Authority to snap up the grocery chains.
M&S Ireland calls on volunteers to ‘Spark Something Good’
Marks & Spencer Ireland has launched Spark Something Good, an initiative which aims to inspire and motivate its employees and customers to improve the lives of others by donating time to their local community.
Fashionistas get ready to join bargain hunters as Lidl launches cut-price collection
The hardcore male bargain hunters chasing those 8am Thursday morning telescopes, ski gloves and cycling shorts should have lots of female company outside Lidl in the coming weeks as cut-price style becomes the height of fashion.
Aldi creates 20 jobs at new Terenure store
Aldi is creating 20 new jobs with the opening of a new store in Terenure in South Dublin. The new store is Aldi’s 17th store in Dublin, and brings the total number of Aldi stores in Ireland to 118.
Supermarket had perfect response after mum faced weekly struggle shopping with disabled son
A mother has compared having a shopping trolley specially made for her severely disabled son to winning the lottery. Gina Grant, from Letterkenny, Co Donegal, had been struggling for years to cope with the weekly grocery shop with her son, Francis, 6, who is unable to walk or move.
Tesco Looking To Offload Central And Eastern Europe Business: Reports
Tesco Plc, which announced the sale of its South Korean business on Monday, is also considering divesting its central and eastern European operations to further reduce debt, according to three people familiar with the matter.
Tesco sells South Korean unit to MBK-led group for $6.1bn
Britain's Tesco has agreed to sell its South Korean unit to a group led by private equity firm MBK Partners for $6.1 billion, it said on Monday, in its first major disposal since it hit financial difficulties.
SuperValu becomes first to offer Irish-grown corn on the cobs nationally
SuperValu has gone all corny on us! No, the supermarket group hasn’t become overly-emotional or started telling terrible jokes all of a sudden. Instead, the retailer has announced that it expects to sell 50,000 home-grown Irish corn on the cobs this autumn.
Poundland launches online shopping
Poundland has launched an online shopping service, allowing price-conscious consumers to bag bargains at the click of a mouse. The discount retailer is trialling a website, www.poundland.co.uk, offering customers more than 2,000 products, including some of Poundland's own brands, such as the Jane Asher kitchen range, Tommy Walsh's DIY products and the Make Up Gallery cosmetics line. The website will initially only cater to UK consumers.
Northern Ireland fabric outlet reaches global market with online move
The Spinning Wheel in Donegall Square West has been a mainstay of Northern Ireland's fabric trade for almost 40 years, but with a £30,000 investment and a new title, it is hoped the firm will reach out to customers across the globe.
Retail centres Junction One and The Outlet are up for sale
The shopping park giants are up for grabs after being put on the market by London-based property firm DTZ. The latest major Northern Ireland property sell-off was revealed as part of a commercial property report by CBRE. It said both Junction One in Antrim and The Outlet in Banbridge are being marketed with a guide price of "between £58m and £62m".
Bloomfield Shopping Centre goes up for sale at £54m
Co Down retail asset Bloomfield Shopping Centre, formerly owned by one of Northern Ireland's richest men, has gone on the market for £54m.