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.
Best Christmas in years will boost trade and jobs in retail
Traders are so confident of a return to a "normal" Christmas trade they will take on enough contract staff for 15 million hours of extra shifts in the next few weeks. "We've turned a corner," said a relieved Arnotts chief executive Ray Hernan. Last year's Christmas trade dashed retailers' hopes.
Irish families to spend an average of €620 on gifts this Christmas
Irish families will spend up to €1,463 this Christmas, with the average family spending €620 on gifts alone, according to research by Aviva Home Insurance. Other costs include €340 on food and drink; €228 on socialising, including Christmas parties, pantomimes and family parties; and € 210 on home decoration and ad hoc costs such as Christmas crackers, carol singing donations, clothes on Christmas day.
71% Of Irish Adults Think Its OK To Stock Christmas Products From November
71% of Irish consumers agree it is reasonable for retailers to start stocking Christmas items from November onwards according to the latest Consumer Insights survey from Empathy Research. Of 1,122 participants, one fifth of Irish consumers consumers mentioned they wouldn’t mind seeing Irish retailers stocking Christmas items as early as September.
Retail sales volumes rise for 11th straight month
The volumes of retail sales increased for the 11th month in a row in September, edging 0.1% higher compared with August, although they are up 5.9% for the year, according to the CSO. However, the figure masks underlying trends, which point to some segments of the retail sector gaining strength and other parts facing continued weakness.
Minister Announces Creation of Competition and Consumer Protection Commission
Minister for Jobs, Enterprise and Innovation Richard Bruton, TD has formally announced the formation of the Competition and Consumer Protection Commission, the new statutory body that amalgamates the Competition Authority and National Consumer Agency.
Google consumer barometer reveals Irish shopper habits
Consumers in the UK are four times more likely than Irish consumers to buy groceries online, the French are twice as likely to buy make-up on the internet and Irish shoppers are keener than those in other countries to browse multiple brands before committing to a clothing purchase.
Uniplumo to supply 125,000 ponsettias to SuperValu
Dublin-based grower Uniplumo is to supply at least 125,000 Irish poinsettias to SuperValu’s 223 stores in the run up to Christmas. Now in its 18th year, Uniplumo’s partnership with SuperValu has led the grower to increase the number of poinsettias grown by 25pc over the past three years to meet customer demand.
Retailer Next cuts profit guidance as sales feel the heat
Clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wear, sending an ominous sign to rivals ahead of the crucial Christmas season.
Fishy branding leads to renaming of Aldi caviar
Irish customers won’t be impressing their dinner guests with cut-price ‘Beluga’ caviar this Christmas as Aldi has rebranded the delicacy it is about to bring to market. The discount supermarket came under fire this week after fine food experts criticised the naming of one of its advertised foodstuffs.
Access for Irish beef to 1.3 billion Chinese consumers moves closer
Chinese veterinary inspectors will officially inspect Irish beef slaughtering and processing facilities at the beginning of December, according to the Minister for Agriculture, Food and the Marine Simon Coveney, at the end of the first day of Ireland’s agri-good trade mission to China.
DCC Food & Beverage Posts 33% Profits Increase
DCC plc has announced that its Food & Beverage division has posted a 33.3% increase in operating profit to £3.1 million, for the six month period to 30 September 2014.
Winners Announced At Retail Excellence Ireland Awards
Retail Excellence Ireland has announced the winners of the 2014 Retail Excellence Ireland Awards in association with Barclaycard. John Burke of Caulfield’s SuperValu in Loughboy Co. Kilkenny won Manager of the Year, while Spar, Dame Street, Dublin took home Store of the Year (2,500-5,000 Sq. Ft) and Topaz, Dublin Airport, Dublin won Store of the Year (1,000-2,500 Sq. Ft).
Pepsi Max The Biggest Spender On Outdoor In September
Pepsi Max was the biggest spender on Outdoor advertising in Food & Drink for September, according to the latest Posterwatch report from PML Group. The campaign, which focused on the brand’s ‘Live For Now’ message, accounted for €493k of spend, well ahead of Mondelez’ The Natural Confectionery Company, which accounted for €314k worth of spend.
Retail president in local visit
The new President of the Convenience Stores and Newsagents Association (CSNA) Carmel Felle is visiting Longford this week to meet retailers in the county. Carmel is no stranger to Longford. She attended Ballymahon Convent of Mercy and her late mother Rose O’Reilly (nee McQuaid) was from Letterguillion, Drumlish.
Musgrave to acquire Allied Logistics from DCC
Musgrave Retail Partners Ireland has agreed to acquire the Allied Logistics business from DCC plc. The acquisition is conditional on clearance from the Irish Competition Authority. Allied Logistics provides ambient and temperature controlled storage and distribution services in Ireland and the acquisition will provide Musgrave with access to a highly efficient frozen supply chain.
Big Day On Acquisitions Front As Sale Of United Biscuits And Bushmills Are Announced
Yesterday saw the announcement of two major FMCG acquisitions, with the news that ownership of United Biscuits, manufacturer of the McVities brand, and Bushmills, part of the Diageo portfolio, are both to change hands. Private equity funds managed by Blackstone and PAI Partners announced the sale of United Biscuits (UB) to Turkish biscuit manufacturer Yildiz Holding.
Kerrygold to deliver Irish milk to world's largest market of China
The Irish Dairy Board has announced a major product expansion into the Chinese market with the launch of whole milk under its new Kerrygold Chinese trade mark. The new product and trade mark was unveiled by Agriculture, Food and Marine Minister Simon Coveney at a ceremony in Beijing during the Irish Trade Mission to China.
Rehab Group launches new shopping website RehabDeals.ie
Rehab Group has launched a new shopping website called RehabDeals.ie, where consumers can avail of bargains on a range of high-end products including Apple iPads, Samsung TVs and Nespresso coffee machines. The website operates in a completely different way from other shopping sites, according to John Fleming, director, Rehab Deals.