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Irish Retail at a glance for this week

Irish Retail at a glance for this week

Posted by Katie Pilgrim on Apr 16, 2014 4:44:01 PM

Irish Retail

 

CPM Ireland’s leading field sales company, take 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.

Ireland tests smartphone-enabled produce display

Total Produce’s stands let consumers download fresh produce videos by tapping the NFC symbol on the unit’s side with their smartphone. There is no need to scan a quick response code.

Two stand types will be trialed.

The first are TOP stands branded “Love Local” that promote local produce. These stands link to short videos of growers, designed to reassure consumers on quality and emphasize retail commitments to support local produce.

The second stand, branded TOP “Fresh n Ready,” is for convenience outlets and offers simple produce recipe videos uploaded daily.

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Kuoni joins CLIA as retail member

Kuoni has joined cruise organisation CLIA UK & Ireland as a retail member after launching a new collection of stay and cruise itineraries.

All 30 of its UK stores have been enrolled in the organisation.

CLIA UK & Ireland director Andy Harmer said: "We are delighted that Kuoni has chosen to join the association and believe our training opportunities will assist the company in positioning their new cruise programme within the market."

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Tesco's lead in Irish grocery market continues to narrow

The British chain remains the biggest grocer in Ireland with a share of 26%, according to the figures, however this is 1.5% lower than the share recorded in the first quarter of last year.

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German chains Aldi and Lidl grab 15.4pc of market

The continuing growth of the German chains cements the view that shopping habits have been permanently altered by the economic meltdown.

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Debenhams blames early sales for €6.97m loss

THE Irish arm of UK retailer, Debenhams has blamed early sales promotions in the run-up to Christmas for a pre-tax loss of €6.97m last year.

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Electronics and Appliance Specialist Retailers in Ireland - New Market Report

Euromonitor International's Electronics and Appliance Specialist Retailers in Ireland report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers.

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GET THE FULL REPORT HERE

Facebook plans to provide mobile payment services: FT

Reuters) - Facebook Inc is preparing to join the mobile-payments race with remittances and electronic-money services on the social network, the Financial Times reported on Sunday, citing several people involved in the process.

The company is close to obtaining approval from the Central Bank of Ireland to start a service that would allow users to store money on Facebook and use it to pay and exchange with others, the people told the FT. (link.reuters.com/dag58v)

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SuperValu stores in Donegal ‘clean up’ at national hygiene awards night

Five SuperValu stores in Donegal; Kavanagh’s SuperValu Stores in Donegal Town, Dungloe, Buncrana and Ballybofey and Canny and Doherty’s SuperValu Carndonagh were recently presented with the Supreme Excellence Ireland Quality Award by Martin Kelleher, Managing Director, SuperValu and Irene Collins, Managing Director, Excellence Ireland Quality Association (EIQA) at the 2014 SuperValu Quality Awards ceremony held in Killarney.

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 SuperValu to sell €19m worth of Irish lamb in 2014

SuperValu is expecting to sell €19m worth of Irish lamb, the equivalent of 132,000 lambs, in 2014, with the first of this new season Irish lamb going on sale today.

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Tesco investors line up replacements for Clarke

Leading shareholders are yet to call for boss to step aside, but there is growing frustration at the failure of Tesco to improve its UK performance.

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Department store chain House of Fraser has sold a majority stake in its business to Chinese conglomerate Sanpower in a deal worth £480 million.

The Chinese retail giant acquired a 89% stake in the 165-year-old brand's UK and Ireland department stores through its Nanjing Cenbest subsidiary.

Its announcement comes after reports last week that Sports Direct tycoon Mike Ashley had bought an 11% stake in the business in an attempt to derail the deal with the Chinese.

Feargal Quinn reveals stake in Pre-Pay power group

Former Superquinn chief Feargal Quinn has emerged as an investor in Andrew Collins' fast-growing energy firm PrepayPower.

Quinn, who sold Superquinn to property speculators for €450m in 2005, has revealed shareholdings in PrepayPower Holdings and PrepayPower UK in his latest disclosure in the Senate's register of members' interests.

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'Building bridges' is fine but we need North-South traffic

AS president Michael D Higgins enjoys the warm glow of the official state visit to London, the occasion does provide an opportunity to really move on from the difficult and thorny issues of the past between the two nations.

Yet, when it comes to business and trade links, the proverbial hatchet was actually buried many years ago. Irish companies have been exporting to the UK very successfully for decades. To put it in perspective, last year Ireland exported €14bn worth of goods to the UK. Add in service exports and nearly a quarter of our exports go to the UK.

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Retailers group says Irish coastline is an “open door” for smugglers

RETAILERS WANT THE government to invest more resources in protecting Ireland against smugglers.

Retailers Against Smuggling made the call after a consignment of black cigarettes were seized in Killybegs, Co Donegal yesterday.

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Aer Lingus renews inflight retail offer with Boutique launch

IRELAND. Flag carrier Aer Lingus has relaunched its inflight retail range, with a new magazine Boutique onboard aircraft this month.

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