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.

SHARE
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

Shoppers admit to in-store temptation

Original article here

If you’re susceptible to in-store advertising – such as floor graphics, trolley ads and aisle banners – when you visit the supermarket, you are not alone.

Four in 10 of the shoppers surveyed on behalf of retail marketing specialists Visualise said it was the most relevant way for brands to advertise their messages […]

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

Value of an online presence still not clicking

Original article here

Ireland’s small businesses still aren’t gravitating online, despite the opportunities an internet presence offers, according to the head of the firm responsible for Ireland’s .ie registry. David Curtin, the chief executive of the IE Domain Registry (IEDR), said that getting Ireland’s small businesses online still represents one of the biggest challenges for […]

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

Tesco sales fall 3.8%, the steepest decline in two decades

Original article here

Tesco had its worst sales decline in two decades, Kantar Worldpanel data showed today, a week after Britain’s largest supermarket company said it will replace chief executive officer Philip Clarke.

Tesco’s sales fell 3.8 per cent in the 12 weeks ended July 20, the steepest decline since comparable records began in 1994, the research […]

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

Still all to play for in Irish supermarket sweep

Original article here

The Irish supermarket sweeps are as tough to call as the Grand National – one week’s hot favourite is the next week’s non-runner, as Tesco’s most senior executives will be all too aware this week.

Five years ago the British retailing giant’s growth in the Republic appeared to be unstoppable as it opened […]

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

Jameson reveals $1.5bn US sales as Hollywood parties

Original article here

Irish Distillers, part of the French Pernod Ricard group, has sold $1.5bn (€1.1bn) worth of Jameson in the United States in the past 10 years. The figure is revealed in new court documents filed in relation to an on-going dispute in California over the Jameson trademark.

The Jamieson Ranch Vineyard, owned by Madison Vineyard Holdings, […]

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

Supreme Court dismisses Dunnes’ Karen Millen appeal

Original article here

The lengthy legal battle between British fashion company Karen Millen and Dunnes Stores over the copying of designs has finally concluded with the dismissal by theSupreme Court of Dunnes’ appeal in the case.

Dunnes faces a substantial legal costs bill arising from the litigation. The dismissal order, and a costs order against Dunnes, was made by the Supreme […]

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

Retail industry continues to recover in Q2

Original article here

Many segments of the retail industry – ladies fashion, footwear and garden centres – bounced back strongly in the second quarter of the year when compared to 2013 as shoppers were buoyed by good weather in April.

The market slipped marginally last month, however, as the appetite for foreign holidays increases among Irish […]

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

Mothercare needs modernising, says new chief

Original article here

New Mothercare chief executive Mark Newton-Jones has warned investors that the retailer’s struggling UK business “needs modernising and requires investment”.

Shares in the group dropped by as much as 9 per cent after Mr Newton-Jones made clear that there was no easy recovery for the retailer’s lossmaking UK business.

Mr Newton-Jones, who was made chief executive […]

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

Dublin businesses in drive to cut capital’s unemployment

Original article here

Arnotts, The Westbury Hotel and Clerys are among the big businesses being urged to hire new recruits from the live register.

Tanaiste Joan Burton and her officials addressed more than 100 firms from around the capital on the grants and supports available – up to €10,000 – if an employee is taken off the dole […]

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

3 Ireland finally completes acquisition of O2 for €780m

Original article here

The deal, which has passed competition authority scrutiny, means that the new operator has 37pc of the Irish mobile telecoms market.

It also opens the door for a change in branding at several iconic Irish businesses, including the old Point Depot theatre, which is now known as The O2.

“This is a big day […]

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

Louis Copeland shop sells for over €2.6m

Original article here

An Irish investor has paid just over €2.6 million for the Louis Copeland occupied retail building at 18 Wicklow Street in Dublin 2, which will show a return of marginally less than 6 per cent.

Diane Crean of selling agent Savills had been inviting offers over €2.5 million for the four-storey over basement building which is […]

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

Catching credit card cheats from Cork to China

Merchants takes the hit in internet fraud and Cork entrepreneur Pat Phelan has devised a tool to help them spot dodgy customers

Original article here

Most of us have been a victim of credit card fraud at this stage. And most of us have not suffered any great loss as a result, with the card company […]

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

Mothercare appoints interim CEO as permanent boss

Original article here

Struggling British baby products retailer Mothercare, fighting off a takeover bid from US group Destination Maternity, named its interim chief executive as its permanent chief executive on Thursday.

Mark Newton-Jones, who led online retailer Shop Direct for almost a decade, took over as interim boss in March, replacing Simon Calver who quit in February after […]

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

Aldi and Lidl bag a bigger share of the grocery market

Original article here

Grocery sales increased by 2pc in the 12 weeks to June 22, despite falling inflation overall.

With as much as a third of total household spending going on groceries the numbers are a key marker of consumer activity.

The latest supermarket share figures from Kantar Worldpanel in Ireland show German discounters Aldi and Lidl are the main winners […]

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

Ireland looks a picture in new indirect tourism push

Original article here

The State bodies charged with promoting and developing Irish tourism have been busy raising their game of late. So much so that it seems you can barely open a magazine or turn on the television without seeing the country being used as a backdrop.

Tourism Ireland not only managed to persuade former International Space […]

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

Applegreen to create 360 jobs in motorway network expansion

Original article here

Applegreen will say today that it plans to expand its network of motorway service stations over the next 18 months.

The expansion will create 360 permanent jobs as well as 250 construction jobs.

Applegreen will make the announcement at the opening of a motorway service area at Junction 14 on the M11 in Wicklow […]

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

Bewley’s dismayed but landlords cheer as court reverses rent ruling

Original article here

Retailers acted with unconcealed horror while landlords breathed a sigh of relief yesterday after the Supreme Court struck down a ruling by the High Court that could have consequences for other retailers.

Bewley’s, the Grafton Street icon at the centre of the dispute, said it was “immensely” disappointed with a Supreme Court ruling […]

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

Shoppers browse online but purchase items in-store

Original article here

New research by CBRE indicates that, despite almost all households in Ireland owning either a computer, laptop, tablet or smartphone, 90 per cent of consumers buy their non-food products in store.

This suggests that consumers will continue to favour shopping in-store rather than online, according to CBRE. The study of 1,000 Irish consumers […]

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

DIY and gardening sales soar with sunshine

Original article here

Hardware Association Ireland (HAI) said retailers have seen a marked increase in sales of typical summer products in June – in contrast to a drop in May.

Jim Copeland, HAI chief executive, said stores are reporting a significant improvement in footfall and upsurge in sales.

Sales of both decking and construction timber have shown […]

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

Primark is now a European giant set on fast-fashion domination

Original article here

Board Berlin’s U9 underground train and you’ll soon see why it’s nicknamed the “Primark Line”. The closer you get to the terminus in Steglitz, the higher the concentration of brown paper bags from the clothing retailer known in its home market as Penneys.

From humble beginnings in Dublin, Primark is now a European giant. “Primania” […]

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

Baileys and Jameson ranked among top spirits brands

Original article here

Baileys is one of nine Diageo-owned brands to be included in a ranking of the largest spirits brands in the world.

The Irish brand is in 38th position in the rankings, which have been compiled by the respected International Wine and Spirits Research (IWSR),

Baileys is one of two Irish brands included in the […]

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

Food Academy Start: New initiative expected to create 300 jobs

Original article here

The Food Academy Start, a scheme involving Local Enterprise Offices, Bord Bia and SuperValu, has helped link up small producers with the retailer in deals worth €5m.

“These planned 300 jobs are predominantly in enterprises employing fewer than five people, mostly in start-up food businesses in urban and rural areas, and will further enhance […]

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

Profits at Dixons Retail, Carphone rise ahead of merger

Original article here
Carphone Warehouse and European electrical retailer Dixons Retail both posted big jumps in earnings ahead of their planned merger later this year. Carphone reported annual earnings up 59 per cent, while Dixons’ profit increased 76 per cent.
Last month Dixons agreed an all-share merger with Carphone, Europe’s largest independent mobile phones retailer, with the two firms […]

By |June 30th, 2014|Categories: Uncategorized|Tags: |0 Comments

New Carphone Warehouse network linked to 3 Ireland

Original article here

THE COUNTRY’S biggest mobile phone retail chain, Carphone Warehouse, has formally announced that it is to launch a mobile phone network service in Ireland. 
spokesman for the company, which has 91 stores in Ireland, declined to say when the network would launch or what range of services it would offer.
However, it is understood […]

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

Firms look to cut a slice of SPAR budget

Original article here.

EIRCOM is finalising plans to return to the stock market just two years after an examinership.

The company is aiming to raise about €1bn from investors here and in Britain, in a deal that would value the operator at more than €3bn.

The offering could happen as soon as September, with the proceeds used to […]

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

Irish consumer prices 18% higher than EU average

Original article here

Even after six years of austerity, consumer prices in Ireland are on average 18 per cent higher than the European Union norm, prompting renewed concern about the country’s competitiveness.

According to figures from Eurostat, Ireland is considerably more expensive than most of its European neighbours when it comes food, alcohol, restaurants, hotels, transport and electronic goods.

The figures, which […]

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

European court rules against Dunnes Stores

Original article here

Judge rules retailer infringed Karen Millen’s rights

The European Court of Justice has ruled against Dunnes Stores in relation to arguments it has made in the case where British fashion company Karen Millen is complaining about the copying of its designs.

A number of questions were referred to the court by the Irish Supreme Court concerning the interpretation […]

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

Too many Irish firms are ignoring the value of Instagram – don’t get left behind

Original article here

Your business launched its Facebook page. You’ve got a good Twitter feed, and now people are telling you to get an Instagram account. New figures show the photo-sharing app has over 200 million monthly active users and four billion photos shared on its platform. While Instagram is growing fast, it’s not an […]

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

Majority of Eason staff backs pay cuts plan

Original article here

A majority of the 800 staff at Eason’s have voted in favour of accepting pay cuts of between 4 per cent and 10 per cent. Staff in the book-to-stationary retailer had rejected the proposed pay cuts in April but they accepted them in a second ballot this week after the Labour Court […]

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

Carphone Warehouse to offer Irish mobile network

Original article here

Carphone Warehouse (CPW) will become the next mobile operator in Ireland.
The retailer has finalised an agreement with Hutchison Whampoa to offer services using 3’s network, in a mobile virtual network operator (MVNO) arrangement. The deal is expected to be officially announced next week.
CPW, which already operates an MVNO service in Britain on […]

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

Pernod Ricard sets out global ambitions for Jameson

Original article here

Jameson owner Pernod Ricard has set out global ambitions for the Irish whiskey, aiming to double sales by 2020.

The company said a distillery in Co Cork is key to making Jameson’s ambition of doubling sales to more than €1 billion by 2020 come true.

Pernod Ricard says it provides capacity to spread Irish whiskey globally […]

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

Vodafone to buy car tech firm Cobra as it branches out

Original article here

Vodafone has agreed to buy an Italian provider of electronics services to the car industry for €145 million as it branches out into connecting devices such as cars and other machines.

The British company said it had agreed to buy Cobra Automotive Technologies, a provider of security, telecommunications and vehicle tracking.

Vodafone, like other mobile operators, […]

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

Irish whiskey sales growing despite global consumption slowdown

Original article here
Worldwide sales of Irish whiskey continued to rise last year despite a slowdown in consumption of spirits across the globe.
New figures released by International Wine & Spirit Research show that global exports of Irish whiskey rose 10.1 per cent to 62 million litres in 2013, from 55.8 million a year earlier and […]

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

Argos parent Home Retail on track to meet profit forecasts

Original article here

Home Retail, Britain’s biggest household goods retailer, said it was on course to meet annual profit forecasts after posting strong quarterly sales growth at both its Argos andHomebase businesses.

Sales at Argos stores open for more than a year rose 4.9 per cent in the 13 weeks to May 31st, its fiscal first quarter, led by […]

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

Glanbia appoints new global corporate affairs director

Original article here

Food group Glanbia has appointed Michael Patten, currently with Diageo, at its new global corporate affairs director.

Mr Patten will be responsible for spearheading the company’s global public policy and its sustainability agenda.

He will take up the post in September after more than 10 years with Diageo, where he is currently global public affairs director, with special […]

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

UCD students union makes €1.1m sales in first year

Original article here

THE country’s largest students union has dipped its toes into the corporate world by creating a company with sales of more than €1m in its first year.

University College Dublin’s students union recorded sales of €1.11m in the 12 months to the end of last June, according to the first set of annual […]

By |June 5th, 2014|Categories: Uncategorized|Tags: |0 Comments

Corporate Partners 2014|15

corporate