Ireland
This coverage focuses on retail trends, developments, and performance in Ireland, with attention to both the Republic of Ireland and Northern Ireland. Reporting includes store activity, regional economic factors, consumer behaviour, property developments, and strategic moves by local and international retailers. Tailored for executives and managers, it offers insights into operating successfully in Ireland’s retail market.
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Jul- 2024 -25 JulyNews
Lidl to invest £1.5bn in beef industry over next five years
Lidl GB has committed to invest £1.5bn into the British beef industry over the next five years, as part of its wider commitment to sourcing 100% British beef. The supermarket is launching the Sustainable Beef Group to support farmers transitioning to sustainable practices. Those in the group will be rewarded…
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25 JulyNews
Hammerson upbeat despite £517m loss
Hammerson has hailed a “strong performance” in the first half of the year ended 30 June despite experiencing a £517m loss. It said the loss was due primarily to a reclassification of the Value Retail stake “from a carrying value of £1.1bn” that the company sold on 22 July for…
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24 JulyHigh Street
NI retail staff and employers call for shop worker protection
Usdaw and employers’ organisation Northern Ireland Retail Consortium (NIRC) have jointly called for urgent action to protect retail workers from violence and abuse, amid a recent “epidemic” in retail crime. The call comes as recently recorded crime statistics from the Police Service of Northern Ireland (PSNI) show that shoplifting had more…
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17 JulyClothing & Shoes
Berghaus to open new store in Gloucester Quays
Outdoor brand Berghaus has signed a new location at Gloucester Quays for its second standalone UK store. Launching this summer in a 2,117 sq ft store opposite Adidas, the outdoor brand will cater to activities including walking, mountaineering, and climbing, with a wide selection of clothing, footwear and equipment for…
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12 JulyElectrical
Currys speeds up UK store investment programme
Currys has announced that it will be making further investments in its store portfolio, which will see 50 of its largest stores undergo makeovers to include new categories, seasonal showcases, and “a focus on reinvigorating megastore entrance space”. It comes as Currys believes the blended in-store and online omnichannel model…
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5 JulyNews
Today’s news in brief-5/7/24
The British Retail Consortium (BRC) has urged Keir Starmer and the Labour Party to swiftly address their campaign promises after their overwhelming victory in the general election, securing over 400 seats with a majority of around 170. The Confederation of British Industry (CBI) congratulated Starmer, stressing the importance of delivering…
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5 JulyHigh Street
Taylor Swift and Euros boost footfall amid damp June
Taylor Swift’s UK tour and the Euros helped strengthen footfall during a very wet June as total UK footfall decreased by 2.3% in June (YoY), up from -3.6% in May, according to the latest figures from the British Retail Consortium (BRC). On a segment basis, high street footfall decreased by…
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3 JulyHealth & Beauty
Kiko Milano to expand presence at Trafford Centre
Italian makeup brand Kiko Milano has announced that it is set to open a permanent store at Trafford Centre on 26 July. Since its inception in 1997, Kiko has become known for its “innovative” products and formulations, making makeup accessible to a global audience. The brand has traded with Trafford…
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Jun- 2024 -28 JuneHigh Street
Boots sees 13th straight quarter of market share growth
Boots has revealed that it has posted a 13th consecutive quarter of market share growth for the three months ended 31 May 2024. The health and beauty retailer saw a retail sales increase of 6% in the period compared with a 13% increase in the same period last year. Furthermore,…
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27 JuneNews
Today’s news in brief-27/6/24
Currys reported a 10% rise in adjusted profit-before-tax to £118m for the year ending 27 April 2024, despite a 2% drop in like-for-like revenue in the UK and Ireland and a 16% decrease in adjusted EBIT to £142m. The company attributed its improved EBIT, which was up over £2m when…
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