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 sales rise marginally in November
The volume of retail sales rose by increased by 0.2 per cent in November when compared with October 2014, and were up 4.7 per cent on an annual basis, according to new figures from the Central Statistics Office (CSO).
Shoppers buying more, but only if price is right
As a new consumer-sentiment index shows a more confident mood, the latest Central Statistics Office figures reveal that consumers are buying more stuff - but only if it's at the right price. The value of our purchases rose by a much more modest 2.2pc, showing stores had to cut prices in order to persuade us to buy.
Tesco announces price war as part of fight back
Tesco has announced better Christmas sales than expected, with overall turnover over the holiday period down just 0.3pc compared with the year before. But the supermarket giant said that it will be closing 43 unprofitable stores across the UK as well as its headquarters with more details on its plans for Ireland and Europe expected later today.
350 Tesco Ireland staff to take up voluntary redundancy
It has been announced that 350 night staff workers will be made redundant through a voluntary scheme as part of a plan to reorganise shelf stacking operations in Irish Tesco outlets. The news comes as the company announces plans to put a miserable 2014 behind it by cutting operating costs to fund price reductions in its stores.
Stores in Republic spared as Tesco takes on discounters
Tesco has confirmed there will be no store closures in the Republic of Ireland as the group plans to sell assets and cut costs to fund lower prices in-store as part of its plan to fight back from the biggest crisis in its 95-year history.
Ireland rejoins the United Kingdom as part of Tesco’s customer service revolution
Tesco chief executive Dave Lewis announced plans yesterday to staunch the haemorrhage of customers and sales from its UK and Irish operations. Most of the major changes outlined by the former Unilever executive, such as store closures and price cuts, apply to the UK only and won’t be immediately replicated here.
Shoppers flocked to opening of new Tesco extra store
From early morning, the 1,000 car parking spaces at the centre, which is on the site of what was known locally as the Old Shopping Centre, were full, with extra staff being drafted in to guide drivers to any available parking spots.
Northern Ireland retail market 'set for good year' despite closure of another shop
The Northern Ireland retail market is set for a good year, a report has said - despite news of a fresh shop closure in Belfast city centre. High-end fashion label Pretty Green, which is owned by Oasis frontman Liam Gallagher, closed its doors in Belfast's Victoria Square a few weeks ago. And Currys electrical store in Castle Place is also to close next month.
Musgrave Retail Partners GB Makes Two Appointments
Musgrave has made two appointments to its UK operation, with John Pattison and Mike Baker joining as brand directors for Budgens and Londis respectively. Pattison, who joined Musgrave Retail Partners GB in 2013, previously held the role of retail director for both Budgens and Londis.