REI Reaction Following Mothercare Announcement

REI Reaction Following Mothercare Announcement

Following applications for examiner ship protection by Best Menswear yesterday and Mothercare today Retail Excellence Ireland (REI) has said that legacy upward only rents remain a significant issue for many Irish retailers. Commenting on the news REI CEO David Fitzsimons said “it is a fact that many landlords are seeking […]

By |July 22nd, 2015|Categories: Uncategorized|Tags: |0 Comments

Pre Budget Submission 2016: Government Needs to Reduce Employment Costs for Domestic Economy Businesses

Low Pay Commission Decision must not result in Cost Increases for Employers

Retail Excellence Ireland has today (Monday 06/07/2015) said that more needs to be done to reduce employment costs and enhance demand if businesses focussed on the domestic economy are to significantly grow employment.

Speaking today, REI Chief Executive David Fitzsimons said, “Retail employment growth […]

By |July 7th, 2015|Categories: Uncategorized|Tags: |0 Comments

CSO Retail Sales Numbers: Value still lagging behind Volume on an Annualised Basis

Retail Excellence Ireland has today (29/06/2015) said that the latest retail sales data from the Central Statistics Office (CSO) for the period 03/05/15 to 30/05/15, demonstrate that the retail industry is still aggressively discounting to attract footfall and secure sales.

Speaking this afternoon, REI Chief Executive David Fitzsimons said, “while today’s retail sales data are […]

By |June 29th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI calls for Vendors, Liquidators and Buyers of Clerys to honour responsibilities to Concession Store Operators

Payments for trading over past 4-6 weeks were due to concession operators today

Speaking this afternoon (Monday 15/06/15), David Fitzsimons REI Chief Executive said that “the vendors and buyers of Clerys must recognise their corporate and reputational responsibilities to concession holders and staff affected by honouring payments that are due.”
“We understand that the […]

By |June 15th, 2015|Categories: Uncategorized|Tags: |0 Comments

Micksgarage.com Wins Gold at European eCommerce Awards in Barcelona

Ireland wins Gold at European eCommerce Awards

MicksGarage.com, Ireland’s largest online retailer of car parts and accessories, has won the Gold Award in the Entrepreneurial category at the European eCommerce Awards which took place in Barcelona last night.

According to the organisers, the Entrepreneurial Award, which had 11 competing countries, recognises ‘the e-commerce actors who have […]

By |June 10th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI PR: CSO Retail Sales Numbers: Discounting Shows Consumers Have Never Had It So Good

CSO Retail Sales Numbers: Discounting Shows Consumers Have Never Had It So Good

Retail Excellence Ireland has today (28/05/2015) said that the latest retail sales data from the Central Statistics Office (CSO) for the period 05/04/15 to 02/05/15, show consumers are securing great value because of aggressive Retailer discounting. The year on year increase in […]

By |May 28th, 2015|Categories: Uncategorized|Tags: |0 Comments

GroMór Irish Independent Supplement

Irish Independent Supplement

 

For more information on the GroMór campaign visit www.gromor.ie.

By |May 18th, 2015|Categories: Uncategorized|Tags: |0 Comments

Retailers ‘positive’ as they gather to talk shop

Original article here

More than 500 retailers from across the country gathered on Tuesday and Wednesday in the plush surroundings of the Carton House Hotel in Kildare for the annual jamboree of lobby group Retail Excellence Ireland.

The mood among those present was described as “positive but wary” in relation to the future of the economy.

David […]

By |May 15th, 2015|Categories: Uncategorized|Tags: |0 Comments

The REI 2015 Shopping Centre Review

REI Shopping Centre Review 2015

By |May 6th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI PR: CSO Retail Sales Numbers: Retail Environment Remains Challenging

CSO Retail Sales Numbers: Retail Environment Remains Challenging

Retail Excellence Ireland has today (28/04/2015) said that the latest retail sales data from the Central Statistics Office (CSO) for the period 01/03/15 to 04/04/15, again show that Ireland’s retail business environment remains challenging.

Speaking this morning, REI Deputy Chief Executive Seán Murphy said, “Today’s retail sales data […]

By |April 28th, 2015|Categories: Uncategorized|Tags: |0 Comments

GroMór Irish Independent Supplement

Irish Independent Supplement

 

For more information on the GroMór campaign visit www.gromor.ie.

By |April 22nd, 2015|Categories: Uncategorized|Tags: |0 Comments

REI PR: Q1 2015 Retail Sales: Positive Start that Softened as the Quarter Progressed

Q1 2015 Retail Sales: Positive Start that Softened as the Quarter Progressed
REI publish Q1 2015 Retail Productivity Review
Retail Excellence Ireland has this morning (Tuesday 21/04/2015) released its Irish Retail Industry Sales Review for the first quarter from January 1st to March 31st 2015. The data, which has been collected from member provided responses along […]

By |April 21st, 2015|Categories: Uncategorized|Tags: |0 Comments

The 2015 REI Retail Park Review

The REI Retail Park Review 2015

By |April 20th, 2015|Categories: Uncategorized|Tags: |0 Comments

Irish garden centre campaign launches

Original article here

A Retail Excellence Ireland campaign supported by Bord Bia is promoting garden centres and growing your own.

GroMór is a new movement to get Ireland growing. An initiative of garden centres and nursery growers, GroMór is a nationwide campaign to promote growing to all ages, especially targeting younger families and first-time buyers.

GroMór aims […]

By |April 13th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI PR: CSO Retail Sales Numbers: Retail Remains Flat

CSO Retail Sales Numbers: Retail Remains Flat

Retail Excellence Ireland has today (27/03/2015) said that the latest retail sales data from the Central Statistics Office (CSO) for the period 25.01.2015 to 28.02.2015, show that talk of a broad-based recovery in retail is premature noting the only marginal increase in sales by value on an annualised basis.

Speaking this morning, REI […]

By |March 27th, 2015|Categories: Uncategorized|Tags: |0 Comments

H&M beats forecasts as net income rises to €385m

Original article here

H&M, Europe’s number two clothing retailer, reported first-quarter profit that beat analysts’ estimates as the company cut back on discounting without harming sales or market share.

Net income rose 36pc to 3.61bn kronor (€385m) in the three months ended February 28, the Stockholm-based company said in a statement yesterday.

The average of 16 analyst […]

By |March 25th, 2015|Categories: Uncategorized|Tags: |0 Comments

New policy aims to grow tourist numbers to 10 million

Original article here

A new Government tourism policy aims to boost the number of overseas holidaymakers coming here to 10 million a-year by 2025 from 7.6 million last year.

Taoiseach Enda Kenny and the Minister for Transport, Tourism and Sport, Paschal Donohoe, launched the new policy at Kilkenny Castle on Monday.

Its headline goals include increasing the […]

By |March 24th, 2015|Categories: Uncategorized|Tags: |0 Comments

Words of caution about retail sales figures

Original article here

REI deputy chief says some people are mistaking improvements within M50 as evidence of broad-based stabilisation

Retail Excellence Ireland said aggressive price discounting by retailers drove growth in sales volumes in January.

Headline retail sales figures for January received a positive welcome when they were released last month, with several commentators interpreting the 3.3 […]

By |March 23rd, 2015|Categories: Uncategorized|Tags: |0 Comments

Carraig Donn announces 30 new jobs for Westport

Original article here

Irish owned retail chain and knitwear manufacturer, Carraig Donn, has announced the creation of 30 jobs at its knitwear manufacturing plant in Westport.

Recruitment for machinists, warehousing staff and knitters as well as a number of management roles will begin immediately, the intention being to bring the jobs on stream later this month.

The […]

By |March 13th, 2015|Categories: Uncategorized|Tags: |0 Comments

Loop Dreams: Dublin Airport opens new €8 million retail area

Original article here

A new, 18,300-square-foot retail area at Terminal 1 will offer “a radically improved shopping experience”, Dublin Airport says.

The Loop’s new 18,300-square-foot retail area opens this week after 18 months of development and construction in the airside retail area of T1.

The development includes a mix of new and rebooted stores such as Candy […]

By |March 13th, 2015|Categories: Uncategorized|Tags: |0 Comments

Google enters bricks-and-mortar retail space through Dixons Carphone tie-up

Original article here

Google is entering the bricks-and-mortar retail space with a ‘shop in shop’ concept that it is launching in partnership with Dixons Carphone.

The tech firm has opened the first ‘Google shop’ in Currys PC World on Tottenham Court Road and is using the space to drive sales of its growing hardware range.

Google UK […]

By |March 12th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI and NIIRTA Launch Report on Building the Retail Industry: North and South

Tourist shopping market could be €800m/₤580m to retailers North & South annually

Retail Excellence Ireland (REI) and the Northern Ireland Independent Retail Trade Association (NIIRTA) with Minister Seán Sherlock have today (04/03/2015) launched a first-ever report on building retail in Ireland, North and South.  The report is based on a detailed analysis of 500+ responses from […]

By |March 4th, 2015|Categories: Uncategorized|Tags: |0 Comments

Tourist shopping sprees worth €800m to retail sector on both sides of border

Original article here

Shopping sprees by tourists are potentially worth €800m to the struggling retail sector both north and south of the border.

This was one of the main findings of the first ever report on building retail in Ireland on both sides of the border.

The report, by Retail Excellence Ireland (REI) and the Northern Ireland […]

By |March 4th, 2015|Categories: Uncategorized|Tags: |0 Comments

Mothercare’s Irish arm returns to profit

Original article here
The Irish arm of Mothercare last year returned to an operating profit despite falling revenues.
New figures show Mothercare (Ireland) Ltd and subsidiaries recorded an operating profit of €79,421 that followed an operating loss of €586,016 in 2013.
Revenues at the group declined by 3.5pc from €36.89m to €35.62m in the 12 months to […]

By |March 2nd, 2015|Categories: Uncategorized|Tags: |0 Comments

CSO Retail Sales Numbers: Discounting Still the Major Trend

CSO Retail Sales Numbers: Discounting Still the Major Trend

Retail Excellence Ireland has today (27/02/2015) said that the latest retail sales data from the Central Statistics Office (CSO) for the period 28th December 2014 to 23rd January 2015, underline the fact that price discounting is driving sales volumes.

Speaking this morning, REI Deputy Chief Executive […]

By |February 27th, 2015|Categories: Uncategorized|Tags: |0 Comments

Carphone Warehouse turns €10m loss into €2.1m profit

Original article here

Carphone Warehouse Ireland is back in the black after posting pre-tax profits of €2.1 million for 2014.

This is a six-fold increase from the communications retailer’s 2013 loss of €9.6 million.

The retailer reported a 13.3 per cent increase in revenues for 2014.

Carphone Warehouse Ireland managing director Peter Scott said the retailer’s performance represented […]

By |February 26th, 2015|Categories: Uncategorized|Tags: |0 Comments

450 new jobs in €26m shopping centre expansion

Original article here

And experts say the €26m investment project, seen as a major vote of confidence in the country’s retail trade, is as a result of a “significant upturn” in consumer sentiment.

The project – which will include a new Penneys store, six new restaurants and a major upgrade of the existing cinema – is […]

By |February 24th, 2015|Categories: Uncategorized|Tags: |0 Comments

Topaz reports rise in operating profit, invests €20m in network

Original article here

Denis O’Brien’s Topaz, which confirmed plans to take over rival Esso Ireland late last year, has announced operating profits of €13.9 million for the 12 months ending March 2014, up 9 per cent compared to the previous year.

Ireland’s largest fuel retailer, which published its 2014 fiscal results on Wednesday, also said it […]

By |February 18th, 2015|Categories: Uncategorized|Tags: |0 Comments

Ireland’s night-time ‘excellence’ lauded as ten towns win Purple Flags

Original article here

Purple Flags are awarded to towns and cities judged to meet certain criteria for vibrant and safe evening and night time economies.

Existing flag holders include Dublin’s Creative Quarter and Dame District; Ennis, Co. Clare; Bray, Co. Wicklow; Killarney, Co. Kerry and Ballina, Co. Mayo.

The new awardees received their accreditations at the first […]

By |February 17th, 2015|Categories: Uncategorized|Tags: |0 Comments

Nolan’s butcher shop nominated in the UK’s ‘Rural Oscars’

Original article here

Nolan’s butcher shop in Kilcullen, Co Kildare has been nominated for the “Champion of Champions Award” in the Countryside Alliance awards which will be held in the House of Lords in London on Wednesday.

The awards, which the organisers describe as the “rural Oscars”, honour local food businesses, rural enterprises and village shops.

To […]

By |February 11th, 2015|Categories: Uncategorized|Tags: |0 Comments

Arboretum owners to open second outlet, bringing brand closer to Dublin market

Original article here

The family behind the award-winning ‘Arboretum’ home and garden centre in Leighlinbridge, Co Carlow, has agreed a deal in principle to set up a second outlet.

The new outlet will be based at the National Garden Exhibition Centre in Kilquade, Co Wicklow.

Arboretum will take over the exhibition centre as part of the deal, […]

By |February 10th, 2015|Categories: Uncategorized|Tags: |0 Comments

Vodafone grows fixed customer base by 9% to 275,000

Original article here

Vodafone Ireland added 8,000 fixed customers during the quarter ended December 31st 2014, bringing the total number of fixed customers to 275,500.

This represents a 3.1 per cent increase in Vodafone’s fixed customer base in the last quarter and a 9 per cent increase year-on-year.

In an interim management statement, the communications group said […]

By |February 5th, 2015|Categories: Uncategorized|Tags: |0 Comments

Eddie Rockets set to take off on Continent

Original article here

Fast food diner chain Eddie Rockets is spreading to mainland Europe.

The restaurant group is eyeing up expansion opportunities in the Spanish and German markets this year.

It is hoping to extend into the international market with the hope of creating 100 new restaurants in Ireland and across Europe by 2018.

According to founder Niall […]

By |February 2nd, 2015|Categories: Uncategorized|Tags: |0 Comments

Friday Interview: Peter Scott, managing director of Carphone Warehouse Ireland

Original article here

Peter Scott likes a challenge. The managing director of Carphone Warehouse Ireland could have spent his entire career at Marks & Spencer, such was his joy at working as a food manager for the British grocer. But that would have been too easy.

His desire for career progression led him to a job […]

By |January 30th, 2015|Categories: Uncategorized|Tags: |0 Comments

We shopped more last year – but only if the price was right

Original article here

The yearly increase comes after six years of falling or stagnant sales, though even with this rise, purchases are still a little below where they were a decade ago.

And although consumers are finally buying more, they’re only doing so if the price is right, as the value of purchases is up by […]

By |January 29th, 2015|Categories: Uncategorized|Tags: |0 Comments

CSO Retail Sales Data: Pre-Christmas Sales Levels Driven by Discounting

Retail Excellence Ireland has today (28/01/2015) said that the latest retail sales data from the Central Statistics Office (CSO) accord with REI’s own Christmas Sales data indicating that while activity and spending levels were up, the numbers were not as strong as had been hoped for.

Speaking this morning, REI Deputy Chief Executive Seán Murphy […]

By |January 28th, 2015|Categories: Uncategorized|Tags: |0 Comments

Lloyds Pharmacy plans further growth after good year

Original article here

The Republic’s biggest pharmacy chain plans further expansion this year following strong Christmas sales.

Lloyds Pharmacy said that sales during the 2014 Christmas shopping season increased 18 per cent over the same period the previous year, while turnover was up 6.2 per cent during the promotional period from September to December.

The chain added […]

By |January 27th, 2015|Categories: Uncategorized|Tags: |0 Comments

REI’s Top Tips for Getting Your Brand Noticed Online

It can be challenging for SME’s to get their brand noticed online and thereby attract consumers. Outsourcing to agencies may be too expensive. However by becoming proficient with a number of relatively simple strategies, you can increase traffic and, in turn, raise your store’s conversion rates… and ultimately sales.

Our top tips for getting your […]

By |January 26th, 2015|Categories: Uncategorized|Tags: |0 Comments

Q4 2014 Recorded Largest Quarterly Gain in Irish Retail Industry Since 2007

Q4 2014 Recorded Largest Quarterly Gain in Irish Retail Industry Since 2007

REI publish Q4 2014 Retail Productivity Review

Retail Excellence Ireland has this morning (Friday 23/01/2015) released its Irish Retail Industry Sales Review for the fourth quarter from October 1st to December 31st 2014. The data, which has been collected with inputs from GfK Retail […]

By |January 23rd, 2015|Categories: Uncategorized|Tags: |0 Comments

Jewellery shines as retailers record strong last quarter

Original article here

Sales were up 4.22pc year-on-year in the last three months of the year, the strongest growth since the second quarter in 2007, Retail Excellence Ireland said.

Jewellery was the star performer, with like-for-like quarterly gains of 14.91pc. But the pharmacy area remained under pressure. The fashion sector performed strongly, with menswear being the […]

By |January 23rd, 2015|Categories: Uncategorized|Tags: |0 Comments

Dixons Carphone raises profit guidance after strong Christmas

Original article here

Dixons Carphone, the electrical goods and mobile phone retailer, raised its guidance for 2014-15 profit after a strong Christmas, it said on Wednesday.

The firm said it now expected a pretax profit of £355-375 million (€465-€491 million) versus previous guidance of £354 million.

The group, formed by last year’s merger between Dixons Retail and […]

By |January 21st, 2015|Categories: Uncategorized|Tags: |0 Comments

Christmas cheer for retailers after sales bounce

Original article here

Irish supermarkets had their best Christmas since 2010 as shoppers loosened their grip on their purse strings over the festive season for the first time since the height of the economic collapse.

The latest supermarket share figures from Kantar Worldpanel covering the 12 weeks up to the beginning of January show that sales […]

By |January 20th, 2015|Categories: Uncategorized|Tags: |0 Comments

Dublin voted fifth best shopping city in world

Original article here

DUBLIN’S retail sector has been given a massive boost, after the Irish capital was ranked one of the world’s best shopping cities.

Readers of Conde Nast Traveller have voted Dublin in fifth place in a new poll of the planet’s top 24 shopping destinations

Bustling Barcelona tops the rankings, with Philadelphia, Hong Kong and […]

By |January 19th, 2015|Categories: Uncategorized|Tags: |0 Comments

Strong collections help H&M beat forecasts for ninth straight month

Original article here

Hennes & Mauritz, the world’s second-biggest fashion retailer, saw higher sales growth than expected in December, helped by strong collections and colder weather after an unusually mild autumn in Europe.

European fashion retailers, most recently Britain’s Marks & Spencer and Debenhams, complained of weak demand for high-margin winter clothing at the start of […]

By |January 16th, 2015|Categories: Uncategorized|Tags: |0 Comments

North American B2C e-commerce market expected to reach $494.0 billion in 2014

A report from e-Commerce Europe, the European e-commerce umbrella group of which Retail Excellence Ireland is an affiliate.
With a total B2C e-commerce turnover of $452.4bn in 2013, North America is the third-strongest e-commerce region in the world, behind Asia-Pacific ($567.3bn) and Europe ($482.3bn). In comparison to 2012, the North American B2C e-commerce turnover grew […]

By |January 15th, 2015|Categories: Uncategorized|Tags: |0 Comments

The economics of shopping locally and how it might save small towns – street by street

Original Article by David McWilliams in Irish Independent Here

Napoleon dismissed the English as a “nation of shopkeepers”. By this he meant that the English were an inconsequential nation of money- grabbing mediocrities who were only interested in, to paraphrase WB Yeats’s expression, “fumbling in a greasy till, And add the halfpence to the pence”.

This […]

By |December 31st, 2014|Categories: Uncategorized|Tags: |0 Comments

Record sales on way to make up for frugal Christmas spend

Original article here

Consumers can expect the best winter sales on record as a frugal mood among Christmas shoppers means that stores will now be forced into heavy discounts to shift stock.

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Retail Excellence Ireland (REI) says that although all the signs had pointed to a vibrant festive trading period, spending so far has been barely […]

By |December 24th, 2014|Categories: Uncategorized|Tags: |0 Comments

Last-minute shopping is inevitable, but will it be make-or-break for retailers?

Original article here

While most of the business world is winding down at this stage, it is make-or-break time for retailers who will be hoping for hoards through the doors during the last three shopping days before the holidays. Will their Christmas wish be granted though?

Seán Murphy of Retail Excellence Ireland says it depends on […]

By |December 22nd, 2014|Categories: Uncategorized|Tags: |0 Comments

Retailers say Christmas rush generated sales of €400m

Original article here

Irish retailers enjoyed a pre-Christmas windfall over the weekend with overall sales said to have approached some €400 million.

The advent of “Panic Saturday”, as some commentators dubbed it, saw shoppers throng high streets and department stores as the final run in to Christmas began, and researchers expect the bumper sales figures to […]

By |December 22nd, 2014|Categories: Uncategorized|Tags: |0 Comments

Retailers optimistic of big push heading into Christmas

Original article here

Retailers are expecting strong sales in the final run-up to Christmas with the big day falling a day later in the week than last year.

The outlook for sellers is positive as confidence improves, employment grows and consumers start to have a little more money to spend, Retail Excellence Ireland (REI) said in […]

By |December 19th, 2014|Categories: Uncategorized|Tags: |0 Comments

Households set to spend €1.4k for Christmas

Original article here

Despite the water protests and teacher strikes, recession-hit retailers are expecting families to fork out about €1,400 per household this Christmas.

According to the first part of Retail Excellence Ireland’s (REI) Christmas trading update, with things turning on the economic front, sales are improving and tills are ringing as people start to feel […]

By |December 18th, 2014|Categories: Uncategorized|Tags: |0 Comments

REI Christmas Trading Update: Outlook positive as shoppers to come out in force

REI Christmas Trading Update: Outlook positive as shoppers to come out in force

Counterfeit Frozen Dolls an issue for Toy Retailers

Retail Excellence Ireland (REI) has published Part One of its Christmas Trading Update for the period to 17th December 2014 noting that the outlook is positive as confidence improves, employment grows and consumers start to […]

By |December 17th, 2014|Categories: Uncategorized|Tags: |0 Comments

Musgrave’s Dublin Warehouse Expansion to Create 145 Jobs

Original article here

Musgrave, the Cork-headquartered retail and wholesaling group, is investing €8.2 million in an expansion of its Dublin logistics centre it says will create 145 permanent and temporary jobs.

Musgrave Retail Partners Ireland (MRPI), the division of the company that owns the Supervalu and Centra franchises and supplies both store networks, has started work […]

By |December 16th, 2014|Categories: Uncategorized|Tags: |0 Comments

Crowds hit the shops – but many already bought online

Original article here

Up to 600,000 shoppers pounded pavements in Dublin city on Saturday, and retailers expect even higher numbers next weekend and in the days leading up to December 25.

Small and medium-sized retailers are expecting only a modest sales increase of around 3pc in traditional stores over the festive period after digital sales soared […]

By |December 15th, 2014|Categories: Uncategorized|Tags: |0 Comments

Stocktaking.ie announces ten new jobs

Original article here

Stocktaking.ie, a leading Irish stocktaking company based in Claregalway today announced the creation of 10 new jobs.

Established in 2004, Stocktaking.ie provides a stocktaking service for the hospitality, retail, food and beverage sector and currently serves over 500 premises throughout Ireland.

Today’s job announcement will see the number of full time employees increase to […]

By |December 11th, 2014|Categories: Uncategorized|Tags: |0 Comments

‘We hate indifference’: the rise of Tiger Stores

Original article here

From their Danish base, Lennart Lajboschitz and his wife, Suz, have sold their vision of design-led, low-cost retail all over the world and reinvented the image of the pound shop

Denmark’s Tiger retail chain has reinvented the image of the pound shop. Gillian Maxwell talks about bringing the retailer to Ireland, their best […]

By |December 9th, 2014|Categories: Uncategorized|Tags: |0 Comments

Eddie Rocket’s flips €50m annual turn-over

Original article here

With 39 restaurants to look after, an annual turnover of €50m and 30 more outlets opening next year, Mr Eddie Rocket’s, Niall Fortune, has never had a sleepless night.

“Was I perturbed by the recession? No. I’d say perturbed is the wrong word. We reacted,” explains the restaurateur, a word he would never […]

By |December 8th, 2014|Categories: Uncategorized|Tags: |0 Comments

Carphone Warehouse to invest €6 million in new data centre

Original article here

Carphone Warehouse will invest €6 million in a new data centre to power its own mobile service.

The mobile phone retail chain will begin operating a mobile service from next July. The new data centre will house the technical infrastructure to operate the new service.

The Dublin-based data centre, which will officially open in […]

By |December 4th, 2014|Categories: Uncategorized|Tags: |0 Comments

H&M poised to open Dublin flagship store

Original article here

Dublin’s Grafton Street shopping precinct is set to get a major boost from December 18th when fashion giant H&M opens a flagship store with its main entrance on to Andrew Street – opposite the tourist office. The original front door on College Green will also be used.

The Swedish group behind the project […]

By |December 3rd, 2014|Categories: Uncategorized|Tags: |0 Comments

Irish consumers plan €528m splurge on Christmas fare

Original article here

Despite growth in discounters, survey finds people return to traditional outlets for festive shop

More than three in four people said they were planning to spend up to €20 per person on Christmas dinner alone.

Irish consumers plan to ring in the end of austerity with a €528 million splurge on food and drink […]

By |December 2nd, 2014|Categories: Uncategorized|Tags: |0 Comments

Partial Return of Christmas Bonus A Positive for Consumer Confidence

PARTIAL RETURN OF CHRISTMAS BONUS A POSITIVE FOR CONSUMER CONFIDENCE

#SmallBizSaturday 6TH OF DECEMBER TO BENEFIT

Retail Excellence Ireland today (01.12.2014) welcomes the commencement of disbursement of Christmas bonuses to over 1.1 million social welfare recipients this coming week, noting that if this money is spent locally then the multiplier impact of this local spending could […]

By |December 1st, 2014|Categories: Uncategorized|Tags: |0 Comments

Black Friday crosses the Atlantic as Irish retailers cash in

Original article here

Dundrum Town Centre says number of shoppers is up to 30% greater than last year

Black Friday, the day after Thanksgiving in the US that traditionally heralds the start of seasonal shopping mania there, has become a phenomenon in Ireland, with some retailers here reporting sales spikes of up to 100 per cent.

Dundrum […]

By |December 1st, 2014|Categories: Uncategorized|Tags: |0 Comments

CSO Retail Sales Numbers: October Results Positive

CSO Retail Sales Numbers: October Results Positive
Black Friday and Christmas Sales outlook also positive
Retail Excellence Ireland has today (28/11/2014) said that the latest retail sales data from the Central Statistics Office (CSO) are, for the most part, positive.

Speaking this afternoon, REI Deputy Chief Executive Seán Murphy said, “Today’s retail sales data from the CSO […]

By |November 28th, 2014|Categories: Uncategorized|Tags: |0 Comments

Retailers hope Black Friday will spark shopping spree

Original article here

Shoppers are expected to spend €74m this weekend on online purchases alone, while Christmas fairs and markets countrywide aim to attract hundreds of thousands of consumers out to spend even more.

Dozens of retailers are this weekend offering “Black Friday” discounts and sales promotions aimed at getting the festive spending spree going. Retail […]

By |November 28th, 2014|Categories: Uncategorized|Tags: |0 Comments

Shoppers shun web for stores in splurge on Christmas gifts

Original article here

Three quarters of consumers here will do most of their Christmas shopping in traditional stores, with just 23pc planning to split their purchases between the high street and online, a Bank of Ireland survey shows.

However, online shopping is clearly on the rise as some 72pc of those who will indulge in it […]

By |November 27th, 2014|Categories: Uncategorized|Tags: |0 Comments

REI Response to Irish Times 25.11.2014

REI Response to Irish Times 25.11.2014
Sir,

To suggest that upward only commercial rents are not negatively impacting the Irish economy (Cantillon, 25th November) is fundamentally flawed. Most retailers are struggling to pay Celtic tiger rents. They must pay to stay in business. So what gives? The largest variable cost to hand – jobs. I am […]

By |November 27th, 2014|Categories: Uncategorized|Tags: |0 Comments

No vacancies on Grafton Street once more

Original article here

Dublin’s Grafton Street is back to full occupancy.

Two vacant premises have been let, further evidence of the recovery in Ireland’s retail sector.

Lifestyle Sports intends to establish its new flagship store in 57 and 58 Grafton Street, a premises measuring almost 14,500 square feet in total. It’s believed the rent will be approximately […]

By |November 26th, 2014|Categories: Uncategorized|Tags: |0 Comments

Grocery Sales at Highest in Five Months

Original article here

Grocery sales increased by 1.1%, year-on-year, during the 12 weeks to November 9. Those figures resulted in an additional €23m being spent by shoppers in the main supermarket retailers.

According to new data, grocery market sales increased at their fastest pace, during the period, since June.

“Grocery market growth has accelerated, with sales up […]

By |November 25th, 2014|Categories: Uncategorized|Tags: |0 Comments

Love of Retail and Hard Work Pays Off for Businesswoman of the Year

Original article here

Chief executive of The Kilkenny Group, Marian O’Gorman, who left school at 16 to work in her father’s shop, was awarded the top accolade by judges.

The businesswoman maintains that retail is in her blood, and that the secret to her success is staying on the floor, not expecting staff to do anything […]

By |November 25th, 2014|Categories: Uncategorized|Tags: |0 Comments

Winterval festival to provide €14m boost to Waterford in run-up to Christmas

Original article here

Waterford’s annual Winterval Festival will provide a major economic boost to the city through a €14 million yield to the local economy and the creation of 550 seasonal jobs in the run-up to Christmas, a new study has found.

The festival, which was launched on Friday night when Santa Claus turned on the […]

By |November 24th, 2014|Categories: Uncategorized|Tags: |0 Comments

Peacocks to open three more fashion retail stores

Original article here

The three outlets will create more than 45 full and part time positions, helping to revitalise both the town centres and the local economy.

These acquisitions mean Peacocks will have five trading stores throughout Ireland following the recent opening of outlets in Letterkenny in Donegal and Castlebar in Galway.

Savills acted on behalf of Peacocks […]

By |November 21st, 2014|Categories: Uncategorized|Tags: |0 Comments

Saturday 6th December is Small Business Saturday

SATURDAY 6th DECEMBER IS SMALL BUSINESS SATURDAY

REI LAUNCH LOCAL BUSINESS INITIATIVE IN IRELAND

 Retail Excellence Ireland has launched Small Business Saturday in Ireland. This is a campaign which profiles small business and encourages consumers to shop locally and support jobs and enterprises in their respective communities. It is a social media and marketing campaign that […]

By |November 20th, 2014|Categories: Uncategorized|Tags: |0 Comments

Applegreen reports 12% jump in sales across station network

Original article here

The company behind service station operator Applegreen has reported a 12 per cent increase in sales for last year despite “tough trading conditions and tightening fuel margins”.

Publishing its annual results for 2013, Petrogas Global, which operates 92 service stations in Ireland, including eight motorway service areas, said turnover rose to €804.5 million […]

By |November 20th, 2014|Categories: Uncategorized|Tags: |0 Comments

Regatta to double Irish workforce through retail expansion

Original article here

Regatta Outdoor, the outdoor clothing brand beloved of Irish hillwalkers, plans to double its Irish workforce to more than 100 in coming months.

The chain currently operates a €10 million-a-year wholesaling business and 10 concession outlets based in Shaws department stores, together with a standalone retail outlet in the Crescent shopping centre in Limerick.

It will […]

By |November 20th, 2014|Categories: Uncategorized|Tags: |0 Comments

KAREN MILLEN EXAMINERSHIP: ANOTHER RETAILER SEEKS PROTECTION FROM CELTIC TIGER ERA RENTS

GOVERNMENT IS RESPONSIBLE FOR NOT DELIVERING ON PREVIOUS COMMITMENTS
Retail Excellence Ireland has reacted to the news that Karen Millen women’s fashion chain and associated companies employing 300 staff has sought High Court Protection by stating that this is another example of an progressive retailer being crucified by legacy rents that bear no relation to current trading conditions.

Speaking this morning, (19.11.2014) David […]

By |November 19th, 2014|Categories: Uncategorized|Tags: |0 Comments

Topaz To Build Two New Stations and Create 110 New Jobs

Original article here

Petrol station group Topaz has said it will create 110 jobs at two new service stations, one in north Dublin and one in Laois. The company says it is spending €10 million developing the stations, which are expected to open in January.

One station is located where Junction 3 on the M50, Dublin’s […]

By |November 10th, 2014|Categories: Uncategorized|Tags: |0 Comments

Best Christmas in years will boost trade and jobs in retail

Original article here

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. A combination of bad […]

By |November 3rd, 2014|Categories: Uncategorized|Tags: |0 Comments

Quarter Three the First Quarter to Show Three Consecutive Months of Growth in Seven Years

REI publish Q3 2014 Retail Productivity Review

Retail Excellence Ireland has this morning (22/10/2014) released its Irish Retail Industry Sales Review for the third quarter from July 1st to September 30th 2014. The data, which has been collected with GfK Retail and Technology Ireland, details a number of positives for the Retail industry in Ireland.

Speaking […]

By |October 22nd, 2014|Categories: Uncategorized|Tags: |0 Comments

Retail sales surge in third quarter

Sales figures show strong growth across most segments of sector
The Government’s hints over the summer that the budget would be the first in six years to not hit people’s pockets paid dividends for retailers, with a 1.75 per cent surge in retail sales in the three months to the end of September.
The latest quarterly […]

By |October 22nd, 2014|Categories: Uncategorized|Tags: |0 Comments

Budget 2015: Positive Outlook for Retail Industry in Vital Christmas Period

Ireland Beyond the M50 Still Suffering and Needed Support

Retail Excellence Ireland has today (14/10/2014) welcomed Budget 2015 noting that it is the first Budget in seven years that has put money back in consumers’ pockets.  This positive news will further strengthen consumer sentiment resulting in a better Christmas trading period for the Retail Industry.

Speaking this […]

By |October 14th, 2014|Categories: Uncategorized|Tags: |0 Comments

It’s all go at Harvey Norman as retailer is not down or under

Original article here

In a corner of Harvey Norman’s Dublin head office, there is a bottle of champagne the size of a fire extinguisher. It lies in a glass case bearing an inscription: “Break glass in case of profit. To be opened after one quarter of consolidated net profit.”

Blaine Callard, the company’s chirpy chief executive […]

By |October 13th, 2014|Categories: Uncategorized|Tags: |0 Comments

How we can revive town centres

REI Opinion Piece in the Irish Times by Deputy CEO Seán Murphy

Original article here

In 1968, Irish Times columnist John Healy published a book called No One Shouted Stop: The Death of an Irish Town.

While the fortunes of Charlestown, the town in question, have waxed and waned in the years since, there is no doubt that the onset […]

By |October 6th, 2014|Categories: Uncategorized|Tags: |0 Comments

Retailers bank on budget scrap

Furious lobbying is taking place behind the scenes in an attempt to convince Minister for Finance Michael Noonan to add a little retail therapy to this month’s budget.
The industry has been hit hard by the downturn, with shoppers still fretting over big- ticket purchases. A tsunami of water charges, property taxes and other fiscal nasties tends […]

By |October 3rd, 2014|Categories: Uncategorized|Tags: |0 Comments

REI calls for full implementation of Retail Consultation Forum Recommendations

Retail Excellence Ireland has today (01/10/2014) urged the Government to implement the recommendations of the Retail Consultation Forum for Budget 2015.

Speaking this afternoon, REI Deputy Chief Executive Seán Murphy said, “the Retail Consultation Forum’s submission follows on extensive meetings and discussions over the past months. If acted upon, then the Retail sector, which has […]

By |October 1st, 2014|Categories: Uncategorized|Tags: |0 Comments

CSO Retail Sales Numbers: Recovery is sectorally-based and not universal

Retail Excellence Ireland has today (29/09/2014) noted the latest retail sales data from the Central Statistics Office.

Speaking this afternoon, REI Deputy Chief Executive Seán Murphy said, “the fact that the value of retail sales increased by 2.2% on an annualised basis—when motor trade data is excluded—is welcome. This is another indicator that a […]

By |September 29th, 2014|Categories: Uncategorized|Tags: |0 Comments

Retail Excellence Ireland and Minister Ann Phelan Launch a Strategy for Rural Retailing at the National Ploughing Championships

Retail Excellence Ireland has today (23/09/2014) launched a Strategy for Rural Retailing at the 2014 National Ploughing Championships with Minister for Rural Affairs, Ann Phelan.  The document has been created to provide guidance and motivation to stakeholders in all of Ireland’s towns and villages to work together collaboratively to design and implement a plan which will […]

By |September 23rd, 2014|Categories: Uncategorized|Tags: |0 Comments

More than half of Irish SMEs in better shape than before downturn

MORE than half of Irish SMEs believe that their businesses are now in better financial shape than they were before the economic crisis, while 87pc are positive about the outlook for the country’s economy in the year ahead.
But the survey by PWC of companies employing fewer than 250 people also found that businesses still […]

By |September 23rd, 2014|Categories: Uncategorized|Tags: |0 Comments

RETAIL EXCELLENCE IRELAND ANNOUNCES 2014 REI AWARDS FINALISTS

Retail Excellence Ireland has today (19/09/2014) announced the finalist companies for the 2014 REI Awards in partnership with Barclaycard. The awards will take place in the Radisson Blu in Galway on the 1st of November. The finalists were selected following a rigorous examination process involving, Application Review, Mystery Shopping and a Store Audit process.

Speaking […]

By |September 19th, 2014|Categories: Uncategorized|Tags: |0 Comments

Talk of increases in Retail Rents Premature

Retail Excellence Ireland has reacted to a report issued today (10th Sept 2014) from Savills Ireland on the Irish Retail Market noting that talk of retail rents starting to rise is at best premature. Speaking this morning Seán Murphy, Deputy CEO, said “while there is no doubt that activity levels and consumer sentiment are […]

By |September 10th, 2014|Categories: Uncategorized|Tags: |0 Comments

Global ingredients firm Glanbia reports higher revenues and earnings

Original article here

Global ingredients and nutrition firm Glanbia has reported a 10.7pc increase in revenues to €1.7bn for the first half on a constant currency basis.

Earnings before interest, taxation, depreciation and amortisation hit €129.5m, a 10.3pc improvement on the same basis.

Glanbia also announced a €60m strategic investment programme in global ingredients aimed at “maximising […]

By |August 20th, 2014|Categories: Uncategorized|Tags: |0 Comments

Retailers fear transition to new lottery system may disrupt trade

Original article here

Retailers are unhappy with assurances from the National Lottery that the impending switchover to a new system will not involve additional costs or a disruption to trade.

The operators of the franchise, Premier Lotteries Ireland (PLI), are planning to roll out a new technology platform later this year, which will involve replacement of some 4,000 ticket terminals […]

By |August 19th, 2014|Categories: Uncategorized|Tags: |0 Comments

Homestore and More sales surge by 20%

Original article here

Homestore and More, the home furnishings retailer with 13 outlets across the country, boosted its sales last year by almost 20 per cent, as rising property prices lifted confidence among homeowners and shoppers. Sales at Ogalas, the company behind the chain, rose from €53.2 million to almost €64.5 million in the 12 months […]

By |August 18th, 2014|Categories: Uncategorized|Tags: |0 Comments

Sales of good coffee and ice-cream soar amidst recovery

Original article here

Sales of coffee pods – the packs of Nespresso like coffee capsules used to make good coffee at home or in the office – have almost doubled, according to the latest figures from market researchers, Nielsen Scantrack.
There has been a 150pc jump in sales of single-serve coffee pods over the last year, […]

By |August 18th, 2014|Categories: Uncategorized|Tags: |0 Comments

Irish consumer sentiment bounces back to seven-year high

Original article here

Consumer sentiment bounced back to a seven-year high last month driven by improving perceptions about Ireland’s economic recovery and continuing recovery in property prices.

The latest KBC Bank/ESRI Consumer Sentiment Index rose to 89.4 in July, up from 81.1 the previous month.

Sentiment had taken an unexpected nosedive in May during the time of […]

By |August 14th, 2014|Categories: Uncategorized|Tags: |0 Comments

New Look taps into summer trends to help lift sales by 9pc

Original article here

Fashion retailer New Look has received an offer for its loss-making French unit Mim and is confident a deal will be struck. The firm, owned by private equity groups Apax and Permira as well as founder Tom Singh, said its first-quarter sales and earnings exceeded its own expectations as it tapped into […]

By |August 14th, 2014|Categories: Uncategorized|Tags: |0 Comments

High-end brand & Other Stories for top Grafton St pitch

Original article here

Only four months after opening the Cos fashion store on Dublin’s Wicklow Street, the giant H&M fashion group has emerged as the favourite to put another of its luxury brands, & Other Stories, into the former A|wear shop on Grafton Street. The letting is likely to be confirmed later this month.

Intense competition between international […]

By |August 13th, 2014|Categories: Uncategorized|Tags: |0 Comments

Spar South Africa does €55m deal for large stake in BWG


SPAR South Africa is to take an 80pc stake in BWG, which owns the Spar brand in Ireland.

Original article here

BWG will retain its current management team and group structure under the €55m deal.
The new partnership will have up to €100m to invest in the expansion of BWG’s wholesale and convenience retailing operations over the […]

By |August 12th, 2014|Categories: Uncategorized|Tags: |0 Comments

Growth to hit 3pc as consumers start to spend again

Original article here

THE Economic and Social Research Institute (ESRI) says the economy will grow much faster this year than the Government estimates.

Gross Domestic Product (GDP) will surge 3pc fuelled by a recovery in spending as well as improving investment. That compares with the more conservative 2.1pc forecast from the Department of Finance.

The think-tank also […]

By |August 7th, 2014|Categories: Uncategorized|Tags: |0 Comments

Dunnes Stores battles back to re-take market share as grocery wars heat up

Original article here

Dunnes Stores is fighting back in the supermarket wars, lifting its share of the grocery market in the past 12 weeks while both Tesco and SuperValu lost ground.

The latest supermarket industry figures, from Kantar Worldpanel in Ireland, show Dunnes Stores recorded a sales increase of 2.6pc to hold its 21.2pc share of the market […]

By |August 6th, 2014|Categories: Uncategorized|Tags: |0 Comments

Harvey Norman gets all touchy-feely about tech

Original article here

Party time is back in the retail industry. Harvey Norman, the Australian furniture and electronics chain with a dozen stores in Ireland, hosted a bash for more than 170 people on Wednesday evening at its flagship outlet in Swords.

The event was to launch the store’s new new touchy-feely technology showroom, which cost more […]

By |August 1st, 2014|Categories: Uncategorized|Tags: |0 Comments

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