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 Ireland predicts best Christmas since 2008
There are fresh signs that Irish consumers are ready to spend money again, with a new report from a leading retail umbrella group predicting the best Christmas period since 2008. However, spending will still be significantly down on levels before the economic collapse pointing to a lost decade for consumers and retailers.
Busy festive season to set Irish retailers’ tills ringing
The tills are set to ring out this Christmas with retailers predicting one of the busiest festive seasons in years. The latest Retail Ireland Monitor suggests the economy will see the biggest boost in spending since 2008 as the budget changes to the Universal Social Charge kick-in, while the weak euro is also set to attract more tourists to Ireland.
Ireland's Retailers Unveil Christmas Ad Campaigns
With Haloween now a distant memory, Ireland's top retailers are adopting different strategies when it comes to the unveiling of their Christmas marketing campaigns,Checkout has discovered. Lidl was first out of the blocks this year, with its Christmas TV campaign going live the day after Halloween, November 1.
Consumer Confidence At Highest Level Since Beginning Of Recession
According to the latest Consumer Confidence report from Nielsen, consumer confidence in Ireland now stands at an index of 93, its highest score since mid-2008. The figure of 93 is five points higher than last quarter and nine points higher than the same time last year.
7 Up The Biggest Spender On Outdoor Advertising In September
According to the latest Posterwatch report from PML Group, 7Up was once again the biggest spender on outdoor advertising in September in the Food & Beverage sector, having also claimed top spot in July.
Farmers say supermarket rules on how fruit and veg look ‘gone too far’
It is all about looks when it comes to buying fruit and vegetables, but a wonky-looking carrot can taste just as good, according to a major farmers’ group. The Irish Farmers’ Association wants supermarket chains to relax strict rules on the appearance of fruit and vegetables on supermarket shelves.
Traffic key to road ahead for Arnotts, says Selfridges chief
The acquisition by Selfridges of Arnotts on Monday might have been well flagged but it nonetheless represented a major shot in the arm for the retail industry here. It secures the future of the country’s oldest and largest department store just months after its long-time northside rival Clerys was shuttered amid much controversy.
Multi-store gift card up against One4All
Retail Excellence Ireland has launched a new multi-store gift card in time for the Christmas market, with just under €2 million in backing from a number of its members.
Bord Bia ‘opens’ online food and drink shop to 1.5m Chinese shoppers a day
Bord Bia has signed a partnership agreement in Shanghai with SF Best, one of China’s leading ecommerce platforms which will see online promotion and sale of Irish food and drink over the next 12 months.
One In Five Spent Over €30 On Halloween Treats This Year
According to the latest Consumer Insights report from Empathy Research, almost one in five (18%) said that they spent €30 or more on Halloween treats this year. The average spend on Halloween treats this year was €19, with over half of Irish adults (56%) spending up to €20 on Halloween treats and a further 26% spending between €20-€29.
Tesco has unveiled the ultimate Christmas job for those festive fanatics
If you love all things Christmas, and dread spending eight hours a day in a decoration-free office, this might just be the ultimate job for you. While most of us despair at the sight of tangled lights, some people see the challenge as one of the key steps to setting up for Christmas.
Middle classes flock to cheap Dealz chain
Some 22pc of Dealz Irish shoppers come from the high-earning AB category, a proportion that has not changed as the country exited recession and became the fastest-growing economy in the EU, founder and chief executive Jim McCarthy told the Sunday Independent.
Nestors SuperValu Oranmore back their man for Rising Star of the Year
Brendan Lydon of Nestors Supervalu Oranmore has been short-listed as a finalist for the prestigious REI – Retail Excellence Ireland “Rising Star of the Year” Award. A Mayo man and avid GAA fan, Brendan has 15 years loyal service with the Oranmore branch.
Dealz plans to open 100 stores in Ireland, employing more than 2,500
UK-listed retailer Poundland is now planning to open 100 Dealz discount shops in the Republic, having originally set a target for this market of 70 stores when it opened here in 2011.
Dunnes To Unveil New-Look 'Food Experience' At St Stephen's Green
Dunnes Stores is to unveil a new-look food department at its outlet in St Stephen's Green this Thursday (12 November). The launch will form part of a reformatting programme being undertaken by Dunnes, with its Rathmines outlet also currently undergoing redevelopment of its food department.
Dunnes Stores launches new Cake Shop range
Dunnes Stores has launched a new Cake Shop range, featuring a variety of bakery favourites and celebration cakes. Building on the momentum of popular TV programmes such as ‘The Great Irish Bake-Off’, Dunnes Stores says it is “celebrating a return to the craft of baking”.
Retail back in vogue with Irish investors
Investor appetite for Irish retail assets is on the increase, according to a new report from agent CBRE. It claims that 54 per cent of investor spend in the third quarter of this year was associated with the purchase of retail investments.
Moda boss steps up to shoe retail challenge
The shoe market in Northern Ireland is much stronger than in other parts of the UK, designer shoe retail boss Gavin Dunlop has said. The Scottish-born owner of Moda Shoes set up his first store 16 years ago in Newtownards.
Shops confident of Christmas rush as austerity eases
Northern Ireland retailers are feeling confident that a strong festive shopping rush is ahead, according to research. This year's Barclays Christmas Survey showed that a record 77% of UK retailers were more upbeat about Yuletide trade than they were last year.
Dunnes profits fall in north as retailer cuts back on food
Profits at Ireland's largest indigenous retailer Dunnes Stores (Bangor) Ltd fell by nearly a fifth last year, according to figures filed at Companies House. The Newry-registered firm made £11.3m in pre-tax profits in the 12 months to the end of January, compared to £13.89m a year earlier.
Fifty jobs to go as Dunnes closes Park Centre foodhall
UP to 50 jobs are set to go in west Belfast after Dunnes Stores told staff at its Park Centre outlet that its foodhall will close. However, the retailer's clothing and homeware store will remain open. Staff said the food department could close "within weeks" but no final date has been given by the company.