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.
Irish Consumers Buying Less From Frozen Aisle
The frozen food category appears to be under fire, with evidence of a shift in purchaser behaviour amongst Irish adults. Just over 1 in 5 adults (21%) claim they are purchasing less from the frozen food aisle than they were this time last year. New research conducted by Empathy Research...
Strong retail sales growth in first eight months of the year
Irish retail sales were down 4.7% in the month in August but were 5.2% higher in the year in volume terms as against a revised annual increase of 7.8% (+6.3%) in July. This is according to the latest headline official retail sales data from the CSO, released this morning.
Irish Retail Sales Fall In August
Ireland's retail sales declined in August after rebounding in July, the Central Statistics Office reported Wednesday. Retail sales volume dropped 4.7 percent month-on-month, reversing a double-digit 13.8 percent growth seen in July.
Hey big spenders: Ireland’s digital economy now worth 6pc of GDP
The digital economy is now worth 6pc of Ireland’s GDP and at this trajectory will hit €14bn by 2021. Sadly, 60pc of this spend goes overseas. According to the Virgin Media Digital Insights report, the average Irish citizen’s spend has grown 13pc since 2014 to an average of €80 per person...
Irish consumers to double online spend by 2021, says study
Irish consumers are set to double the amount they spend online within the next five years, but only some of it will find its way to Irish retailers, according to a new study.
Retailers miss out on billions online
Retailers are missing out on billions of euro worth of trade every year as consumers continue to do the bulk of their online shopping overseas, according to new research. The value of goods bought online by Irish consumers has continued to increase over the past two years, growing 13% to...
Shopping search engine Yroo to expand operations in Ireland
Yroo, a search engine for shoppers, is to create 33 jobs in Ireland over the next three years. The company is expanding its Dublin offices in order to build out global operations and support in more than 35 countries where the company currently transacts.
Retailers in sales warning over Dublin Bus strike
Retail Excellence Ireland has said some of its members are reporting declines in sales of 25-60% as a result of this weekend's ongoing Dublin Bus strike. The sixth day of industrial action by Dublin Bus workers in a dispute over pay is continuing this afternoon.
Ireland launches national obesity plan
The Irish government has launched an ambitious national obesity plan which proposes a sugary drinks tax, maximum portion sizes, marketing restrictions and reformulation targets - but the lack of funding to implement the policy has led to criticism from campaigners...
Industry Reacts To Publication Of New Obesity Strategy
The Irish Food and Drinks industry has reacted to the recently published National Obesity Policy and Action Plan, which outlines the Government’s plans to reduce the rate of obesity in Ireland. Food and Drinks Industry Ireland (FDII) has noted that the plan has some positive...
Aldi UK and Ireland chief pledges to win price war after profits fall
Aldi will continue to cut prices to ensure it is cheaper than the traditional supermarkets, even if that means crashing into the red, its UK boss has pledged. The discount supermarket chain has revealed its second consecutive year of falling profits after being forced to cut prices in the face...
Supermarket wars: Dunnes Stores now second largest grocery retailer in country
Dunnes Stores is now the joint second-largest grocery retailer in the country, neck-and-neck with Tesco as the pair continue their tussle in the rankings. Tesco now faces the prospect of becoming the third-biggest grocery retailer in Ireland, having been ditched from the top spot last year...
Dunnes And Tesco Neck And Neck As Second Biggest Supermarkets
The latest figures from Kantar World Panel have revealed that Dunnes Stores is now tied with Tesco in holding the second biggest share of the Irish grocery market, with 21.6%. This is the result of recent strong growth for Dunnes Stores, which increased its sales by 6.3% across the...
SPAR Ireland Extends Better Choices Campaign To Children’s Products
Following on from the launch of its Better Choices health and wellbeing initiative in June, SPAR Ireland has now launched SPAR Better Choices Kids, which sees new child specific food portions available in SPAR stores across Ireland.
SuperValu to boost Irish pork market with launch of premium Irish pork range
SuperValu, the leading Irish grocery retailer, has today announced the launch of a new fully traceable, premium 100% Irish pork range – SuperValu Signature Tastes Irish Hampshire Pork. The new range, which was launched by Minister for Agriculture Michael Creed T.D. at...
Maxol announces two-day charity event
The Sandyford branch of Maxol, on Dublin’s south side, is helping to raise funds for the company’s charity partner Aware this week. This Friday and Saturday, 23 and 24 September, a Bake Sale will take place from 10am until 6pm.
Quick turnaround helps Zara beat expectations again
Zara owner Inditex has reported better first-half sales and profit than expected as the world’s biggest clothing retailer outperformed rivals thanks to quick production times that allow it to react to changing weather and fashions.
Store manager wins major award
The manager of a Ballymoney convenience store has won a prestigious award at a spectacular ceremony in Dublin. Ian Elliott, manager of McCool’s Supervalu Ballymoney, won the coveted Store Manager of the Year Award at the Ireland’s Forecourt & Convenience Retailer Awards 2016.
Ireland Shopping Centres come to market
Two of Ireland's premier regional shopping centres have come to market for a total guide price of almost €75m (£64m). Savills and Cushman Wakefield have been instructed to sell Navan Town Centre (pictured), which is being marketed at €62m (£53.2m), and the €12.5m (£10.7m)...
Danish homeware and interior furnishings retailer Søstrene Grene opens first store in Belfast
In a first for Northern Ireland, a Scandinavian homeware and interior furnishings retailer is moving into Belfast city centre. Søstrene Grene, originating in Denmark, already has 120 stores worldwide, with three in the Republic of Ireland and one in Nottingham.
John Lewis would be 'major catalyst for Belfast retail'
Belfast needs to improve the quality of its shops, with a John Lewis store seen as a "major catalyst" to rejuvenate the city's retail sector, according to a report for the city council. The report, seen by the BBC, indicates a "worst-case scenario" of the new Sprucefield store would see...