Industry & Business

Retail

Dunnes Takes Top Spot While Aldi Hits Record Share

    Dunnes Takes Top Spot While Aldi Hits Record Share

Dunnes Stores has claimed the top spot in the Irish grocery market for the first time since February this year, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks ending 7 October 2018. Dunnes posted strong sales growth of 3.4% over the latest period, propelling the retailer to an overall […]

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Fierce Competition in Irish Grocery Market

    Fierce Competition in Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 9 September 2018, show growth of 2.6% among Irish supermarkets. This is the seventh consecutive period that all five of Ireland’s major grocers have recorded increased sales, the longest run since December 2017.
The summer heatwave continued to provide a […]

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Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

    Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

Work has commenced on a new €100 million distribution centre and regional headquarters for Lidl in Newbridge, County Kildare. The new facility, which is a key part of Lidl Ireland’s €200 million investment programme for 2018, will cost €100 million and is expected to be completed by November 2019.
This project represents Lidl’s largest single investment […]

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Lidl Ireland Secures 60 New Irish Suppliers as Part of Kick Start Supplier Development Programme

    Lidl Ireland Secures 60 New Irish Suppliers as Part of Kick Start Supplier Development Programme

In February, Lidl Ireland called out to Irish suppliers nationwide to enter products into their Supplier Development Programme, Kick Start. This programme, run by Lidl Ireland and supported by Bord Bia, is designed to help small and medium Irish food and drink businesses to grow their brand and build their supply network. 60 suppliers have been chosen […]

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Sunny Weather and Love Island Boost Irish Grocery Sales

    Sunny Weather and Love Island Boost Irish Grocery Sales

Despite an intensely competitive retail environment – with just 1.5 percentage points separating the market share of the three largest retailers – all the major Irish supermarkets have grown sales for the sixth period in a row. This is according to the latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending […]

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Maxol Opens Ninth Freshly Chopped

    Maxol Opens Ninth Freshly Chopped

Maxol, Ireland’s leading family owned forecourt and convenience retailer, continues its successful partnership with the award-winning food franchise Freshly Chopped, at the newly refurbished service station at Skehard Road, making it the ninth store within the Maxol network. The refurbishment of the service station follows an investment of €400,000 and the creation of nine new jobs […]

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Almost 1,500 Less Pubs in Ireland Last Year than 2005

    Almost 1,500 Less Pubs in Ireland Last Year than 2005

There were 1,477 less pubs in Ireland last year than in 2005, representing a 17.1% drop in businesses across the country, according to the Drinks Industry Group of Ireland (DIGI). In 2017, there were 7,140 pubs nationwide – a decline from 8,617 in 2005.  The figures are based on an analysis of the liquor licence figures […]

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Hot Weather Proves Thirsty Work as Drink Sales Boom

    Hot Weather Proves Thirsty Work as Drink Sales Boom

The latest Irish grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 15 July 2018, show sales soaring by 3.1% in the midst of the recent summer heatwave.  Two of the big winners have been bottled water and lager, which have seen take home sales growth of 27.3% and 11.6% respectively, buoyed […]

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Historic Milestone For Pearse Lyons Distillery With Release of 5-year-old Single Malt Irish Whiskey

    Historic Milestone For Pearse Lyons Distillery With Release of 5-year-old Single Malt Irish Whiskey

The Pearse Lyons Distillery is celebrating the general release of the exclusive Pearse 5-Year-Old Single Malt Irish Whiskey. The single malt carries the first new five-year age statement to appear on an Irish whiskey in more than 25 years. The limited release whiskey was produced on two small-batch copper pot stills, and aged in bourbon casks. Presented in 4,000 individually […]

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Heiton Buckley Unveils Newly Refurbished Mayo Branch

    Heiton Buckley Unveils Newly Refurbished Mayo Branch

Heiton Buckley, Ireland’s leading supplier of doors, floors, bathrooms, garden, plumbing and heating products, has officially unveiled its newly refurbished branch in Castlebar, County Mayo . GAA star, Andy Moran, CEO of Grafton Merchanting ROI, Patrick Atkinson, Heiton Buckley Castlebar Branch Manager, Mick Kane, and longtime customer Mick Duane officially cut the ribbon and kicked […]

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Summer Sun Heats Up the Grocery Market

    Summer Sun Heats Up the Grocery Market

The latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 17 June 2018, reveal that the soaring temperatures have increased sales of summer grocery favourites by 9% – ahead of the overall market at 2.1%.  This surge in summer essentials, such as sun care products and ice cream, has boosted the Irish […]

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Tesco Back on Top For First Time Since 2015

    Tesco Back on Top For First Time Since 2015

The latest Irish grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 20 May 2018, show Tesco reclaiming the top spot on its own for the first time in more than two years with an overall share of 22.3%.  The retailer grew sales by 4.5% – far ahead of the overall market, which […]

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Dunnes Stores Simply Better Collection Recognised at International Excellence Awards

    Dunnes Stores Simply Better Collection Recognised at International Excellence Awards

Dunnes Stores’ Simply Better Collection will be presented with five prestigious accolades at the Private Label Manufacturers Association (PLMA’s) 2018 International Salute To Excellence Awards, taking place later this month in Amsterdam. This is the third year in a row that the Dunnes Stores Simply Better Collection has been recognised for excellence at the PLMAs, last year […]

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SuperValu Returns to Top Spot in Irish Grocery Market

    SuperValu Returns to Top Spot in Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel, published for the 12 weeks ending 22 April 2018, show the Irish grocery market continuing to perform strongly, with overall sales up 3.1% on last year. SuperValu has returned to pole position with a 22.3% share of the market, the first time the retailer has held […]

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Irish Grocery Market Fends Off the Beast from the East

    Irish Grocery Market Fends Off the Beast from the East

The latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 25 March 2018, show that the Irish grocery market brushed off the Beast from the East to post strong sales growth of 3.8%.
Douglas Faughnan, consumer insight director at Kantar Worldpanel, comments: “Although shoppers had upped their spend in preparation for the Beast […]

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Beast From the East’s €10 Million Boost to Irish Grocery Retail

    Beast From the East’s €10 Million Boost to Irish Grocery Retail

The ‘Beast from the East’ and Storm Emma may have caused havoc to the transport sector but the cold snap provided a huge boost to the Irish grocery market, according to Nielsen retail performance data. Shoppers spent €9.6 million more on groceries (+4%) in the week of the storms than they did the week before and […]

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Food and Drink Suppliers in Northern Ireland Get A ‘Kick Start’ From Lidl

    Food and Drink Suppliers in Northern Ireland Get A ‘Kick Start’ From Lidl

Lidl is championing local suppliers with the roll-out of their Kick Start Supplier Development Programme aimed at giving food and drink companies in Northern Ireland the chance to have their products stocked in 190+ Lidl stores across the island of Ireland.
Kick Start is designed specifically to provide small and medium-sized suppliers with the support they […]

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Dunnes Stores Comes Out on Top of a Growing Grocery Market

    Dunnes Stores Comes Out on Top of a Growing Grocery Market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 25 February 2018, show continued positive momentum among Irish supermarkets, with growth hitting 3.9%.
David Berry, director at Kantar Worldpanel, comments: “Shoppers have spent an additional €96 million on groceries over the latest 12 weeks compared to last year and two […]

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Tesco Ireland Achieves Great Place to Work Status

    Tesco Ireland Achieves Great Place to Work Status

Tesco Ireland has been awarded the coveted Great Place to Work accreditation. As a leading food retailer, Tesco is one of the biggest private sector employers in Ireland employing over 13,000 people across the country in its network of stores, head office and distribution centre.
The Great Place to Work process celebrates Irish companies who promote […]

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Branded Sales Outpace Own Label For First Time Since 2014 in Irish Grocery

    Branded Sales Outpace Own Label For First Time Since 2014 in Irish Grocery

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 28 January 2018, show continued growth for Irish supermarkets with branded goods leading the way. David Berry, director at Kantar Worldpanel, comments: “The recovery of branded sales began in late 2017 and has continued apace in the new year. Sales […]

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Lidl Ireland Commits to Reduce Food Waste

    Lidl Ireland Commits to Reduce Food Waste

Lidl Ireland has signed the Food Waste Forum Charter as part of the Retail Action Group for Food Waste. This charter sees Lidl commit to reduce food waste through the redistribution of surplus food. As part of the Food Waste Charter, Lidl has pledged to build an awareness and understanding of food waste and its […]

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Irish Supermarkets Benefit From the Christmas Spirit

    Irish Supermarkets Benefit From the Christmas Spirit

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 31 December 2017, reveal that shoppers spent an extra €90 million on groceries over the festive period.
David Berry, director at Kantar Worldpanel, comments: “Over the Christmas period the average household spent a record €1,532 on groceries – an increase of […]

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Dunnes Stores Retains Top Spot in Irish Grocery Market

    Dunnes Stores Retains Top Spot in Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 3 December 2017, reveal that Dunnes Stores remains Ireland’s largest supermarket in the run up to the festive period.
David Berry, director at Kantar Worldpanel, comments: “Dunnes Stores has always performed strongly in the countdown to Christmas and this year is […]

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Packaging Waste From Online Retailers Growing By 28% Per Year

    Packaging Waste From Online Retailers Growing By 28% Per Year

The amount of packaging waste material being generated in Ireland from online shopping outside the State is growing by 28% per annum and is now over 7,000 tonnes of waste per year. Yet online retailers from outside the state, such as Amazon and others are using a loop hole in the law to avoid not spending […]

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Dunnes Reclaims Top Spot in Irish Grocery Market

    Dunnes Reclaims Top Spot in Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 5 November 2017, reveal that Dunnes Stores has returned to the top spot for the first time in nine months, capturing a 22.4% share of the market.
David Berry, director at Kantar Worldpanel, comments: “Dunnes Stores traditionally posts a strong performance towards […]

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SuperValu and Tesco Tied For Top Spot in Irish Grocery Market

    SuperValu and Tesco Tied For Top Spot in Irish Grocery Market

The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 8 October 2017, reveal that SuperValu and Tesco are neck and neck in the race to be Ireland’s largest supermarket – both with a 22.0% share of the market.
David Berry, director at Kantar Worldpanel.
David Berry, director at Kantar Worldpanel, […]

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Mid-summer falter in retail sales a cause for concern

    Mid-summer falter in retail sales a cause for concern

Retail Ireland, the Ibec group that represents the sector, warned that the retail sales figures for July, released by the CSO today, act as a timely reminder not to take continued growth in the sector for granted. Core retail sales in July decreased by 0.6% when compared with June, indicating a mid-summer dip in performance. […]

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Growing costs undermining retail recovery – Retail Ireland

    Growing costs undermining retail recovery – Retail Ireland

Retail Ireland, the Ibec group that represents the retail sector, has highlighted growing concern amongst retailers that the sector’s competitive position is being undermined as costs increase. In its latest Retail Monitor, the group identified particular concerns regarding Government controlled costs such as commercial rates, the minimum wage, and levies attached to utilities.
Retail Ireland Director […]

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Shopify looks to hire 100 support staff in West Ireland

    Shopify looks to hire 100 support staff in West Ireland

Shopify Inc., the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses came to Galway two years ago to establish a strong and robust support team in Ireland. Known as “Gurus,” Shopify’s Irish support staff are all remote workers, meaning they can work wherever they want.
Welcoming the announcement, Tánaiste and Minister for Enterprise […]

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Retailers call for reform of local authority rates system

    Retailers call for reform of local authority rates system

Retail Ireland, the Ibec group that represents the retail sector, has launched a new policy paper entitled ‘Tackling the rates burden’. The paper highlights the serious deficiencies in the current system governing how local authority rates are levied and collected from retailers, resulting in over €200 million in uncollected rates each year. The retail sector […]

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Dundalk’s first SuperValu to open this autumn

    Dundalk’s first SuperValu to open this autumn

SuperValu has announced the creation of over 40 jobs at a new SuperValu store in Dundalk. Due to open in Autumn this year, the 17,600 squ feet store will be located in a new retail development at the former Fairways Hotel Site in Dundalk.

A further 70 jobs will be supported during the development’s construction phase. […]

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Musgrave announces profit of €73m for financial year 2016

    Musgrave announces profit of €73m for financial year 2016

Musgrave has announced its results for the financial year 2016. The Group reported sales of €3.7 billion and profit before tax of €73 million. Net cash was €121 million and shareholder funds were €249 million at year end.
Commenting, Chris Martin, Musgrave Chief Executive said: “2016 saw a strong performance by Musgrave benefitting from investment in […]

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Subway to open 51 new Irish stores by 2020

    Subway to open 51 new Irish stores by 2020

Sandwich restaurant Subway has said it will increase the number of its outlets on the island of Ireland by 51 by 2020, bring its total here to 321 and creating 408 new jobs.
Subway said it aims to increase the number of stores in Ireland and the UK to 3,000 by 2020, creating around 5,000 new […]

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SuperValu still on top

    SuperValu still on top

The latest grocery market share figures from Kantar Worldpanel in Ireland show the highest market growth since January 2017. The latest figures reflect the impact of Easter on consumers and retailers alike, with the holiday falling outside of the comparable time period in 2016.
Price deflation, which has held steady at -0.2%, has been offset by […]

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Irish and UK retailers highlight Brexit challenges

    Irish and UK retailers highlight Brexit challenges

Retail Ireland, the Ibec group that represents the sector, has joined forces with the British Retail Consortium and the Northern Ireland Retail Consortium to explore the implications for the sector arising from Brexit. They will meet in Dublin with a number of Government Departments, consumer advocates and individual retailers to seek solutions to mitigate the […]

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Regatta Great Outdoors announces 100 new jobs

    Regatta Great Outdoors announces 100 new jobs

Outdoor clothing company Regatta Great Outdoors has announced the creation of 100 new jobs in Ireland with the opening of several new stores nationwide including key locations in Galway, Dublin and Waterford. This expansion sees Regatta Great Outdoors set to become a prominent household name across Ireland as the company has reported multi-million turnovers in […]

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Retail Ireland announces new Chairman

    Retail Ireland announces new Chairman

Retail Ireland, the Ibec group that represents the retail sector, has announced Willie O’Byrne, Managing Director of BWG Foods, as its new Chairman. Mr O’Byrne will serve a two year term and replaces outgoing Chairman, Conor Whelan, Managing Director of Eason Group. He will be joined at the helm of the organisation by Brian Donaldson, […]

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Dunnes Stores takes top supermarket spot for second month

    Dunnes Stores takes top supermarket spot for second month

New figures show that for the first time, Dunnes Stores has maintained its position as the country’s biggest grocer for two months in a row. Figures from Kantar Worldpanel show that the supermarket increased its market share of the grocery market to 22.9% for the 12 weeks to February 26. This is up from 22.5% […]

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WH Smith Ireland reports weaker profits as turnover rises

    WH Smith Ireland reports weaker profits as turnover rises

The Irish subsidiary of WH Smith, paid a €2.5 million dividend to its parent late last year after it recorded a 14% rise in revenues. However, the firm also reported a sharp fall in pre-tax profits as the cost of sales jumped 20%.
Files recently lodged with the Companies Registration Office show the retailer generated pretax […]

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Retail Sales Dropped 0.7 Percent in December

    Retail Sales Dropped 0.7 Percent in December

The seasonally-adjusted volume of retail sales decreased by 0.7 percent in the month of December, according to figures released by the Central Statistics Office on Friday. However, December’s sales are still up 3.4 percent compared with the previous year.
Excluding motor trades, there was a decrease of 2.7 percent in the volume of retail sales in December 2016 when […]

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Research Predicts Brexit’s Effect on Tourism

    Research Predicts Brexit’s Effect on Tourism

Tourism Ireland published research on Tuesday that shows the potential impacts of Brexit on tourism to the island of Ireland in 2017 and beyond.
Tourism Ireland commissioned RedC to conduct research among 2,000 British consumers, to assess their propensity to travel overseas in a post-Brexit world. The research shows that, up until now, there has been […]

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November Retail Sales Volume Rises 4.3 Percent

    November Retail Sales Volume Rises 4.3 Percent

The volume of retail sales  for November was up 4.3 percent when compared with the previous year, and up  0.9 percent compared with October 2016, figures released by the Central Statistics Office on Thursday reveal.  These figures exclude price effects.
If Motor Trades are excluded, there was an increase of 3.1% in the volume of retail […]

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Breege O’Donoghue Appointed Chair of the Design & Crafts Council of Ireland

    Breege O’Donoghue Appointed Chair of the Design & Crafts Council of Ireland

Breege O’Donoghue was appointed as the new Chair of the Design & Crafts Council of Ireland (DCCoI), Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor said on Friday.
Breege O’Donoghue is currently a non-executive director of C&C and of Shaws and Sons Ltd. and has worked in the fashion and retail sector with Primark for […]

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Social Media Use by Irish Enterprises Second-Highest in the EU

    Social Media Use by Irish Enterprises Second-Highest in the EU

Ireland were recorded as the second-highest users of social media by enterprises in 2016, according to a report released by the CSO on Tuesday. 67% of Irish enterprises employing 10 or more people used some type of social media such as Facebook, Twitter and YouTube compared with an EU-28 average of 45%. The use of […]

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Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

    Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

Allsop’s final auction of 2016 took place this week with 158 properties sold and total sales of over €28m, Daft.ie’s Martin Clancy reported on Monday.
“The auction was characterised by competitive bidding from investors targeting properties with strong rental income and potential for asset management,” Allsop’s Divisional Director, Jonathan Fenn, said. “A mixed-use investment in Tuam […]

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Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

    Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according to a new report released by property consultants, Savills Ireland, on Friday December 2.
“Rents in some prime shopping locations have already risen by more than a third over the last three years,“ Director of Research […]

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Uncertain Economic Outlook Keeps Irish Consumers Cautious

    Uncertain Economic Outlook Keeps Irish Consumers Cautious

Irish consumers have remained cautious in the face of uncertain economic conditions, contrasting with changing attitudes in other areas, according to the November Consumer Sentiment Index, released by the ESRI on Thursday, December 1.
The consumer sentiment index rose slightly to 97.8 in November, compared with 97.3 in October. However, it remains lower than the 103.1 […]

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Minister Mitchell O’Connor Supports EU Proposal to Prevent Geo-Blocking

    Minister Mitchell O’Connor Supports EU Proposal to Prevent Geo-Blocking

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor attended a day-long meeting of EU Single Market Ministers in Brussels on Monday, November 28, to support the proposal for an EU Regulation to prevent geo-blocking, the practice whereby consumers are charged different prices on websites based on their nationality or the location from which they […]

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Sterling collapse to put pressure on “fragile” retail sector, warns IBEC

    Sterling collapse to put pressure on “fragile” retail sector, warns IBEC

A string of external pressures has the potential to derail the retail sector’s fragile recovery in the run up to Christmas, according to IBEC’s Retail Ireland group.
Speaking at their annual conference in the Guinness Storehouse, the group has warned of the immediate concerns caused by the Sterling collapse, which risks driving customers north of the […]

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Ballymore launches new “Dublin Landings” docklands development worth up to €700m

    Ballymore launches new “Dublin Landings” docklands development worth up to €700m

Private property group Ballymore has officially launched its new docklands development, Dublin Landings, at an event at the CHQ Building IFSC on Custom House Quay this morning.
Dublin Landings is set to be a 1 million square foot mixed-use development on North Wall Quay. Five new buildings are set to be delivered by 2020, with 700,000 […]

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Tesco’s sales in Ireland rise 0.2% in “highly competitive” market

    Tesco’s sales in Ireland rise 0.2% in “highly competitive” market

Tesco may not be out of trouble yet after a turbulent few years, but there was nevertheless positive signs as it published its latest set of financial results.
Shares at Tesco began to fall in 2011, and have kept on falling, culminating in an accounting scandal that wrote off £263 million in profits towards the end […]

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Tobacco Companies’ Taxes Raise by 81pc

Recent reports in the Irish Daily mail show that tobacco companies have spent about €500 in taxes which is an 81pc increase since last year. This tax is leading to a packaging ban. Companies will be allowed to sell the product that they have in stock until May 2017.

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e ShopWorld Creates Jobs in Dublin

e ShopWorld recently announced that they will be creating over 60 jobs in Ireland.

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Organizations Save Millions in Taxes by Booking Sales in Ireland

After recent studies of tax affairs, it was found that Microsoft saves €127m in taxes each year by booking sales through Ireland.

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Poundland Plans Growth in Midst of Takeover

The discount retailer, Dealz plans to open 20 new shops in Ireland in the next year even though profits are at a low at Poundland.

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PwC Survey Shows Potential Setback in the Construction Industry

A new survey by the pwc shows that many leaders in the construction industry believe that their business would suffer if Britain left the European Union.

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Netflix Raises Fees for Irish Users

    Netflix Raises Fees for Irish Users

As Netflix provides online video streaming to about 200,00 Irish viewers, the company has decided to implement higher prices in order to pay for new content.

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Wayfair to create 160 jobs for Galway

US-owned online furnishing and homewares retailer Wayfair is to announce 160 new jobs for Galway this morning.
Wayfair currently employs 200 people in the city and specialises in home furnishings and décor. The compnay is planning to expand its new European Operations Centre on the Tuam Road in the building formerly known as Connaught House.
The IDA Ireland backed […]

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