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.
Discounters Account For More Than Half of Grocery Ad Spend In Third Quarter
The latest Supermarket Ad Tracker* report from Checkout, produced in association with Nielsen, has found that Aldi and Lidl continue to outspend their more mainstream grocery rivals when it comes to advertising, with both retailers collectively accounting for more than half of grocery ad spend in the third quarter.
Wine sales suggest Ireland putting prosecco years behind it
Bond investors looking for a bit of insight into Ireland’s economic recovery might want to talk to Dublin vintner Pierre Chapeau. Originally from Cognac in southwest France, Chapeau has run French Paradox in Ballsbridge for the past 15 years, so he’s seen the boom and the bust. He expects Christmas sales this year to rise about 20 percent from 2014.
Irish people are buying more organic food (but it’s not back to pre-recession levels yet)
The Irish organic retail market has grown 9% so far this year, but is not yet back to pre-recession levels, according to Bord Bia. Speaking at a hearing of the Oireachtas Committee on Agriculture this week Eileen Bentley, Bord Bia, Entrepreneurship Manager said the value of the Irish organic retail market is just over €110m and is approximately 1% of the overall food and drink market in Ireland.
Irish Consumers ‘Willing To Spend More On Groceries’, Deloitte Study Finds
The latest Deloitte Consumer Tracker report has found that Irish consumers are now slightly more willing to spend more on food than they were six months ago. While 61% of respondents to the study said that would be willing to ‘spend the same’ on grocery shopping over the next six months as they did over the past six months, 18% said they were hoping to spend ‘a little more’, while 4% indicated they would spend ‘a lot more’.
15% Of Consumers To Cut Back On Alcohol In New Year
15% of Irish consumers plan to cut back on alcohol in the New Year, with a further 3% planning to give up alcohol completely, according to the latest Consumer Insights survey carried out by Empathy Research.
CSNA Criticises Plans To Introduce Restrictions On Sale Of Alcohol
The Convenience Stores and Newsagents Association (CSNA) says that Minister Leo Varadkar's intention to introduce significant restrictions in how alcohol (including wine) is made available to the public "will cost jobs and hasten the closure of many family-run businesses".
Noonan calls on retailers to pass on lower card cost to shoppers
Retailers have been called on to cut their prices in response to lower fees for shops when processing debit and credit cards coming into effect. Finance Minister Michael Noonan announced the introduction of lower fees for shops processing debit and credit cards from yesterday.
Tesco personnel director quits supermarket group
Supermarket group Tesco said today that it has parted company with another veteran director, the second to resign this week. Tesco said Judith Nelson, the UK and Ireland people director, had quit after 22 years at the company. It said she will be replaced by Natasha Adams, currently business support director.
Tesco Ireland Christmas Opening Hours 2015: When is your local store open over the holidays?
Tesco stores across the country are preparing for the Christmas rush as Irish families get their last minute shopping list in check. While some supermarkets will follow the same opening hours across the board, Tesco store hours may vary across the festive period so customers are advised to double check before planning a visit.
Lidl’s ‘new concept’ store officially opens
Regional Director of Lidl Northern Ireland Glen Cinnamon has described the opening of the ‘new concept’ Lidl multi-million pound store in Banbridge as an ‘exciting step.’ Lord Mayor Councillor Darryn Causby joined Lidl Northern Ireland on Thursday, to celebrate the launch of its very first ‘new concept’ store following five months of construction.
Gala Retail Launches 'Junior Parkrun Ireland' With Inaugural Run
Gala Retail was on hand to help launch the inaugural 'Junior Parkrun Ireland' at Kenure Woods in Rush, Co. Dublin at the weekend, which saw more than 160 children and parents participate in a two-kilometre run.
Londis’ profits increase by 31 per cent to €2.2 million
Irish wholesale and retailing group ADM Londis recorded an operating profit of €2.2 million last year, up 31 per cent on the prior year’s performance of €1.6 million. This is despite a 7.6 per cent decline in revenue from €195 million in 2013 to €180 million for the year ended 31 December 2014.
High rent costs widen Homebase and Argos Ireland losses
Newly-filed accounts show that pre-tax losses almost doubled at Homebase House and Garden Ltd, increasing by 89% to €9.05m, in the 12 months to the end of last February. Revenues declined by 4%, from €45.3m to €43.7m.
Maxol Castletroy launches new look forecourt
Maxol Castletroy, one of Limerick’s landmark service stations, unveiled a brand new look on Thursday, 10 December, following a major renovation. The extensive makeover includes a vibrant new image for the Maxol station and Centra convenience store; a new double bay drive-through car wash centre, new fuel pumps and underground storage tanks and improved customer car parking.
Tesco’s pop-up ‘Hangover Help’ stations comfort Christmas partygoers
Tesco came up with an innovative pop-up idea in London this year which no doubt earnt the grocery giant some brownie points with bleary-eyed commuters feeling the effects of the night before.
Northern shoppers head south in search of bargains
A steady stream of people still cross the Border looking for bargains but the flow has been reversed: today it is shoppers from Northern Ireland who are heading to the South. Retailers in the Republic’s Border towns say they have noticed a double-digit increase in custom from the North this Christmas as Northern Irish consumers take advantage of a weak euro and intense competition among retailers to fill their shopping trolleys for less.
No festive cheer for retailers hit by sales slump in Northern Ireland
New figures from the Northern Ireland Retail Consortium and the Springboard group show the number of shoppers on our high streets dropped by 8% in November compared to last year. Northern Ireland was the worst performing region in the UK.
Northern Ireland's retailers remain positive despite footfall decrease
Some Northern Ireland retailers said they had shops in some towns where sales were down by as much as 10%. One retailer in Newry said they have had a very bad season, but added that this could also be due to the weak euro and a result of shoppers going across the border for a bargain.
Footfall Down In Northern Irish Stores As Weak Euro Provides Temptation
Traditionally, this time of year sees a large number of Irish consumers head over the border to Northern Ireland in search of bargains ahead of the festive period. However, according to the Irish Times, this trend has now been reversed with retailers in border counties claiming that they have seen a double-digit increase in the number of Northern Irish consumers shopping in their stores, looking to take advantage of the weak Euro.