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.
November sales ring up record high thanks to Black Friday and Cyber Monday
The latest Visa Europe Irish Consumer Spending Index reveals the largest growth in face-to-face spending, it has ever recorded, as Black Friday helped drive a 6.6% rise in spending last month.
Retail Ireland releases Christmas Retail Monitor 2015
Retail Ireland, the Ibec group that represents the retail sector, today published its Christmas Retail Monitor 2015, with key indicators pointing to the best Christmas for the retail sector since 2008. The monitor tracks key trends across the economy and the sector to give an insight into how they are likely to impact the key Christmas trading period.
Retail Ireland expects Christmas spending to rise to 2008 levels
Industry group Retail Ireland is predicting the country's biggest December spending spree since Christmas since 2008. They reckon people will spend more than €4bn this month, compared to €3.9bn last year.
Shops expect €130m hike in festive spend
Key industry gauges indicate this year will be the best Christmas for shops and businesses since 2008, business body Ibec has reported.
Christmas shoppers to go crackers as retailers 'heading for best festive period since the recession hit'
This Christmas will be the best for retailers in Ireland since the recession hit seven years ago, it has emerged. Newly-released figures suggest that this festive season will be the best trading period since 2008.
Christmas 2015 shaping up to be a bumper season for retailers
With less than three weeks to go before Christmas all the key indicators are pointing to the best shopping season since the economic crash in 2008 and possibly the cheapest since 2001, according to a report published on Monday.
Families to splash out nearly €550m on food this Christmas
Families across the country are set to splash almost €550 million on food thisChristmas - over €34 million more than last year. A new report into Irish Christmas spending found that almost half of households will spend over €150 on their turkey, ham and all the trimmings this festive season.
Black Friday throws focus on changing retail market
Dublin City centre retailers held their own in the battle with online retailers over the Black Friday and Cyber Monday week-end. In contrast to the UK where footfall figures dropped by more than 9pc, Dublin footfall dipped by less than 2pc.
Retailers set for sales rise despite decline in traditional shopping day
Retailers expect to do brisk business today, despite the waning popularity of what was traditionally one of the busiest shopping days of the year.
Retail in 2015: Two-tier market emerges
Rising sales have helped the retail sector turn a corner in 2015 but, battered by the bust, it still faces significant challenges in terms of an oversupply of space and a flight away from bricks-and-mortar to the online space.
IGBF Raises Over €250,000 At Annual Christmas Lunch
The Irish Grocers Benevolent Fund has raised over €250,000 at its annual Dublin Christmas lunch, which was held at the DoubleTree Hotel last Friday, 4 December.
Topaz takeover 'a game-changer for Irish retail sector'
Ireland’s largest convenience and fuel retailer Topaz is to be acquired by Canadian company Alimentation Couche-Tard. The two companies signed an agreement today that will lead to the acquisition of Topaz Energy Group Ltd together with linked companies Resource Property Investment Fund plc and the recently-acquired Esso Ireland Ltd.
Ireland’s largest fuel and convenience retailer Topaz claimed six awards at Shelflife C-store Awards
Topaz and several of its leading dealer businesses emerged as the big winners at the Shelflife C-Store Awards which were held in Dublin recently. The country’s largest fuel and convenience retailer claimed six award overall, including the Forecourt of the Year Award for current Topaz Brand Ambassador Tobin’s of Letterkenny in Co. Donegal.
Almost 100 jobs to be lost as SuperValu closes two stores
SuperValu is to close two of its stores in Carlow and Clonmel with the loss of up to 98 jobs from January. Ireland’s largest grocery retailer said the SuperValu on Kennedy Avenue in Carlow and the Supervalu Marketplace in Clonmel would cease trading “due to difficult trading conditions over a sustained period”.
SPAR Great Ireland Run launch early bird deal for 2016 5K event
SPAR Great Run Ireland have launched an early bird deal for next year's brand new 5K event. The 2016 dash will take place on Sunday April 10 in the Phoenix Park in Dublin.
Iceland opens 10th outlet in Ireland
Food retailer Iceland opened its 10th store in Ireland on Tuesday, expanding onto Dublin’s Talbot Street. The move, which will create 40 jobs, will see the British frozen food retailer return to Dublin’s city centre, and is part of the group’s expansion plans in Ireland.
Planning approval granted for new Aldi store in Trim
Aldi Stores (Ireland) Ltd have been granted planning permission by Meath County Council for its planned new store in Trim.
New look Swan Centre in Rathmines expands its retail offering
The Swan Centre in Rathmines has secured 12 new tenants this year and is now more than 90 per cent let after a €2 million refurbishment programme. Retailers at The Swan now include Tiger, Tuthills newsagents, Dowlings Butchers, Thunders home bakery and deli, David Cullen jewellers, Tolteca (burrito restaurant), The Art Of Coffee, Belamarine dry cleaners, EasyStream smart TV boxes, and Ireland’s first Chicago Gourmet Popcorn shop.
The right moves: Agents grapple with changing retail tastes
The world's top retailers are changing how they operate and agents, architects and developers need to understand global trends in order to capitalise on an evolving market. Ongoing "globalisation" by the big brands is one driver of change and property professionals must be able to operate on the same scale as their clients, or get left behind.
Call to support small shops in Northern Ireland
Shoppers in Northern Ireland are being urged to “put small shops” first on Small Business Saturday tomorrow (Saturday) and throughout the Christmas period.
NI Henderson Group’s £25m investment in business
Henderson Group, the co. Antrim family business which employs more than 2,800 peeople across Northern Ireland, is to invest £25m in its operations. The project, which will incorporate new head office facilities and a distribution centre, will facilitate business growth and secure employment, The Irish Times reports.