Discount retailer B&M will open two new stores in Northern Ireland in the coming months as part of its UK expansion plans. The retailer is set to take over a former JJB Store at Drumkeen Retail Park in south Belfast as well as a opening a new unit in Ballynahinch. The Drumkeen store will open... Continue Reading →
A brand new, cashier-free shop is set to open in Cork early next year, in what looks to be a world’s first. The Irish Examiner reports retail technology agency Everseen is developing the store on French Church Street, which uses mobile technology, beacons, and other highly advanced techniques to allow customers to walk in, pick... Continue Reading →
Daa, the operator of Dublin airport, has confirmed the main retail area in the departures lounge of terminal two at the airport is set to be revamped. Tender documents seen by DFNIonline show daa is looking for a panel of six construction companies to work on the refit, which will include the fit out of a 1,350sq... Continue Reading →
Geraldine Casey, people & IT director at Tesco Ireland joins Philip Konopik, country manager Ireland, Visa as Tesco is named the largest contactless retailer in Ireland with over 2,200 contactless payment terminals in its stores across the countryWith over 2,200 contactless payment terminals across the country, Tesco has become the largest contactless retailer in Ireland. The retailer... Continue Reading →
A NUMBER of roles at McDonald's Ireland corporate headquarters have been cut as part of a global cost-reduction, the Irish Independent has learned. The 'Sunday Independent' reported at the weekend that McDonald's is scaling back its head-office operations in Ireland, with the business set to be managed from the UK. The managing director of the... Continue Reading →
To celebrate the anniversary of brothers Thomas and Stuart Musgrave launching the business just over 140 years ago, Musgrave has unveiled a new brand identity. The company has revealed a new logo – a modified version of the Musgrave chairman in 1902’s signature – which will now rollout across the entire Musgrave business. Commenting on... Continue Reading →
Card Factory, which has more than 800 stores in Britain, has targeted opening 50 stores a year over the next three years1 Card Factory, which has more than 800 stores in Britain, has targeted opening 50 stores a year over the next three years UK high street retailer the Card Factory is gearing up for... Continue Reading →
Liffey Valley boss says centre is fighting fit after €630m takeover by Germany's BVK Interview: Denis O'Connell, Centre Director, Liffey Valley SC Denis O’Connell has been with Liffey Valley Shopping Centre since it was a plan on paper. He’s seen the highs of the boom and depths of the recession - when many retailers struggled... Continue Reading →
Chain's investment aims to put a store within reach of every shopper and create 400 jobs Discount retailer Aldi plans to invest €100m in Ireland over the next three years as it seeks to increase its footprint. The company aims to add around 20 new stores which will create 400 new jobs. "Our business model... Continue Reading →
Download report here
Here is what Liffey Valley is set to look like after massive face-lift Plans have been approved for a major expansion at Liffey Valley Shopping Centre, which will include another 22,000 square metres of retail space, a major new civic plaza and a 2,500 seat Olympic-sized indoor ice arena. Plans also include a major new... Continue Reading →
Have you ever wished you could get a Starbucks coffee without the hassle of getting out of your car? Well soon you will be able to as Connswater has signed a deal with coffee house chain Starbucks that will see the company open its first ever drive-through store in Northern Ireland. The 3,300 sq. ft.... Continue Reading →
DUBLIN (Alliance News) - Ireland's retail sales increased in November after falling in the ... Alliance News6 January, 2016 | 11:18AM Email Form DUBLIN (Alliance News) - Ireland's retail sales increased in November after falling in the previous month, preliminary figures from the Central Statistics Office showed Wednesday. Retail sales volume rose a seasonally... Continue Reading →
Wishing all our readers and followers a Merry Christmas and Happy New Year
Dublin department store Arnotts has been acquired by the Selfridges Group, the high-end UK retailer owned by successful Canadian businessman Galen Weston and his Irish wife Hilary. Ireland’s largest department store was purchased by Selfridges earlier today for an undisclosed sum from Fitzwilliam Finance Partners, a corporate vehicle set up by Irish lawyer and developer... Continue Reading →
According to the Sunday Times, the US-owned Lloyds Pharmacy group is lining up a €40-€50 million takeover of Sam McAuley Chemists. It is one of the largest independently owned pharmacy groups in the country. The McAuley deal would copperfasten Lloyds’ position as the country’s largest pharmacy chain. The Sunday Times also reports that three directors... Continue Reading →
Baskin-Robbins, the world’s largest chain of ice cream specialty shops, today announced plans to develop restaurants across Northern Ireland and The Republic of Ireland. This effort is part of Dunkin’ Brands’ ongoing strategy to increase its presence across Europe, a key region for the Baskin-Robbins brand, as it continues to grow globally. Baskin-Robbins is... Continue Reading →
Superdrug is poised to launch international shipping from its ecommerce platform, with Ireland the first country set to benefit from the service. Superdrug to launch its online delivery service in Ireland From next Wednesday customers in Ireland will be able to shop online at Superdrug.com and place orders to be delivered directly to their... Continue Reading →
The sale of shares in Irish service station operator Applegreen has raised €91.7 million in an initial public offering (IPO). Shares in Applegreen began trading on Friday in a move which has snared €70 million for the company and €21.7 million for its selling shareholders, The Irish Times reports. Approximately 24.1 million ordinary shares... Continue Reading →
Tesco execs will have to hand back bonuses in future over misstated results Tesco’s outgoing chief executive Philip Clarke will remain in situ until October when Unilever’s Dave Lewis is to take over Tesco’s former chief executive Philip Clarke was paid £1.2m for loss of office News Read More: tesco 25 May 2015 | 0... Continue Reading →
Chris Martin, CEO of Musgrave Group says the grocery market in Great Britain is experiencing fundamental and permanent structural change Chris Martin, CEO of Musgrave Group says the grocery market in Great Britain is experiencing fundamental and permanent structural change News Read More: Chris Martin Musgrave 21 May 2015 | 0 Musgrave has announced that... Continue Reading →
Staffed stunned at closure of Gorey Dunnes Store Staff at Dunnes Stores in Gorey in Wexford are stunned at the decision to close the store, the union Mandate has said. The union claims more than 100 workers were called to a meeting yesterday evening where it was announced the retailer would close with immediate affect.... Continue Reading →
An overstatement of profits worth £63m (€88m) occurred at Tesco's Irish arm of its business News Read More: supplier payments tesco 27 April 2015 | 0 It has been revealed that an overstatement of profits worth £63m (€88m) at Tesco occurred in the retailer’s Irish arm of its business. Last September Tesco made the shock announcement that... Continue Reading →
Luke Fitzgerald and Vogue Williams present Re.Store, a dynamic new Irish food, coffee and convenience concept News Read More: forecourt Topaz 24 April 2015 | 0 Re.Store, a new Irish food, coffee and convenience concept has joined forces with Ireland’s leading fuel retailer, Topaz, to provide a new in-store experience. The concept has launched in over 26... Continue Reading →
CBRE reports prime Zone A retail rents on Dublin’s Grafton Street increased to €5,500 per square metre per annum in Q1 2015, while rents elsewhere remained stable over the quarterNewsRead More: CBRE high street vacancy rate20 April 2015 | 0High street vacancy rates have improved in the majority of Irish cities and towns monitored by commercial property... Continue Reading →
Mandate has said that a group of 100 shop stewards will meet within the next fortnight to set a date for further industrial actionNewsDunnes Stores workers who belong to Mandate trade union are to set a date for further industrial action within the next two weeks.The move follows a meeting of the union’s National Disputes... Continue Reading →
NewsThe latest supermarket share figures from Kantar Worldpanel in Ireland, published today for the 12 weeks ending 29 March, show a change at the top with SuperValu becoming Ireland’s largest grocery retailer.David Berry, director at Kantar Worldpanel, said: “One of the key rules in driving sales growth is that you need to broaden your appeal... Continue Reading →
Read more here ...... Edit
Tesco Ireland appoints new CEOAndrew Yaxley, new Tesco Ireland CEONewsRead More: Tesco Ireland25 March 2015 | 0Phil J Clarke is retiring in AprilAndrew Yaxley has been announced as the new CEO of Tesco Ireland. Yaxley (47) is currently the managing director of Tesco’s London business. Prior to that he held a number of positions in the commercial function... Continue Reading →
McIlroy is set to be joined by many of world golf’s big names, with Rickie Fowler, Ernie Els, Sergio Garcia and Lee Westwood already confirmed to join Ireland’s golfing superstars McIlroy, Graeme McDowell, Padraig Harrington and Ryder Cup Captain Darren Clarke. McIlroy said: “It’s great news that Dubai Duty Free has come on board as the... Continue Reading →
The majority of Dunnes Stores staff have voted for industrial action over work contracts and pay conditions.Members of Mandate Trade Union voted with a majority of 67% in favour of the industrial action on 6 March.Gerry Light, Mandate’s assistant general secretary said the nature and timing of industrial action will take place within the following... Continue Reading →
SuperValu has announced that it recorded retail sales of €2.58 billion in 2014. The Musgrave Group says this represents a new milestone for the brand, following the addition of 24 former Superquinn stores to the business in February 2014. As a result, SuperValu now holds 24.9% market share and serves over 2.6 million customers every... Continue Reading →
US fashion designer Michael Kors is opening a shop in Belfast's Victoria Square Shopping Centre - just as record-low inflation leaves consumers with more cash to spend. Not since Elvis was in the charts has our disposable income stretched so far, and with the improved spending power comes the prospect of indulging one of our... Continue Reading →
German womenswear brand Gerry Weber has appointed the founder’s son Ralf Weber as its new chief executive. Weber, whose father is Gerhard Weber, will take up his new role on 25 February. Having joined the Gerry Weber board in 2013, Weber is currently responsible for sales and corporate development and will now take on additional... Continue Reading →
Dunes Stores workers are set to ballot over the coming weeks for industrial action due to issues over their working conditions. Mandate, the trade union representing 40% of Dunnes 15,000 workers said the balloting process will take place in a few weeks and it will decide whether strike action will prevail. The union said that... Continue Reading →
GLOBAL coffee giant, Starbucks, is to open its first Cork City centre store, at no 39 Princes Street, a few doors away from the famed English Market. The Seattle-based coffee house and retail chain has 21,000 outlets, in 68 countries, the latest being Vietnam and Colombia. It opened in the UK in 1998, and now... Continue Reading →
All the best for 2015
giant that owns the Zara group, says it plans to open more Irish stores when it finds suitable outlets. The group, which has global sales of about €17 billion, recently filed accounts for a number of its Irish operations, including Zara, youth fashion outlets Bershka and Stradivarius, Pull & Bear and the mid-market Massimo Dutti.... Continue Reading →
giant Dunnes Stores fell 13pc to £13.8m (€17.6m) last year after a slump in revenues. Accounts just lodged by Dunnes Stores (Bangor) in the UK show the firm sustained the drop in profits as revenues decreased 11pc to £140.52m in the 12 months to the end of February 1 this year. The firm paid dividends... Continue Reading →
Framingham, Mass. -- By 2017, three times as many retailers as now will explicitly underpin their customer and operations strategies on 3rd platform technologies. That’s one of IDC Retail Insights’ top 10 worldwide retail predictions for 2015. IDC revealed the predictions during a Web conference, IDC FutureScape: Worldwide Retail Agenda 2015 Predictions. The top 10... Continue Reading →
more information click here
While retail can get swept up in the newest cross-channel strategy and payment technologies, it’s a company’s long-term vision that ultimately determines longevity in this sometimes volatile sector. Harvard Business Review recently released its annual list of the 100 best-performing CEOs in the world, assessing the heads of companies in the S&P Global 1200 by... Continue Reading →
The availability of retail space in prime locations continues to tighten, with some prime shopping centre schemes operating at 90-100% capacity and just 2.6% high street vacancy in Dublin city centre. Demand from overseas retailers remains strong as they continue to look to expand their operations in Ireland, but they are mostly focused on prime... Continue Reading →
UAE/IRELAND. In major news, Dubai Duty Free’s Executive Vice Chairman Colm McLoughlin has been named a recipient of the Irish Presidential Distinguished Service Awards 2014 for the Irish abroad. The accolade makes him one of a select group of people – and the first Irish person living in the UAE – to be recognised by... Continue Reading →
Harare - Listed clothing retailer Edgars Stores Limited (Edgars) is targeting a 193 percent growth in profit to $4, 7 million in the 2014 financial year. The group recorded a $1, 6 million profit in the half year to July. During the six months, its performance was significantly affected by an acute liquidity crisis, sluggish... Continue Reading →
UK-listed retailer Poundland is planning to open six new Dealz stores in Ireland over the next year, chief executive Jim McCarthy has told The Irish Times. “The plan is to add six additional shops in the next 12 months but we might actually add to that,” Mr McCarthy said. “We’ve got a lot of growth... Continue Reading →
The country's most successful shopping centre will be put up for sale with a price tag of up to €1bn, sources say, with bids expected from Asian sovereign wealth funds. Bad bank Nama will initiate the sale of Dundrum Town Centre as early as next month, the people said, after it gained full control of... Continue Reading →
Retail returns to health as Barry Group opens 35 stores Published 08/09/2014 | 02:30 Costcutter: opening new stores. Picture credit: Steve Humphreys RETAILER the Barry Group is opening 35 new stores. The openings, to be completed by the end of this year, will create around 300 jobs. The Mallow-based retail group, which owns the Costcutter... Continue Reading →
retail news 