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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Jun- 2024 -13 JuneNews
Poundland launches rewards app in 62 Scotland stores
Poundland has officially launched its Poundland Perks app for the first time in 62 stores in Scotland. Poundland Perks is Poundland’s pilot rewards app that has been on trial in 43 stores on the Isle of Wight and in Northern Ireland and now is available across Scotland. The retailer has…
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11 JuneClothing & Shoes
White Stuff to launch wholesale arm in the US
White Stuff will be officially launching in the US this summer as part of its international expansion plans to double the size of its wholesale business over the next four years. The fashion retailer’s entrance into the US will be through several wholesale partners in Illinois, Indiana, Michigan, Iowa, Wisconsin…
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11 JuneClothing & Shoes
Battersea Power Station appoints new CEO
Battersea Power Station Development Company (BPSDC), the Malaysian owned operator and developer of London’s iconic Battersea Power Station, has appointed Donagh (‘Don’) O’Sullivan, as CEO, commencing Tuesday 18 June 2024. As CEO, O’Sullivan will lead the continued development of the former industrial brownfield site following the restoration and public opening…
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May- 2024 -23 MayNews
Today’s news in brief-23/5/24
The Very Group’s pre-tax losses narrowed to £2.1m for the 39-week period ending March 30, down from £11.7m the previous year, despite a slight dip in total revenue by 0.8% to £1.6bn. Very UK, contributing 86% of the group’s sales, saw a revenue increase of 1% to £1.4bn. However, Littlewoods…
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23 MayNews
The Very Group losses narrow to £2.1m
The Very Group pre-tax losses narrowed to £2.1m in the 39-week period ended 30 March, down from a loss of £11.7m the prior year, despite sales dipping amid tough market conditions. Total revenue for the group slightly decreased by 0.8% to £1.6bn, yet Very UK revenue, which represents 86% of…
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22 MaySupermarkets
Co-op unveils ‘ambitious’ sustainability targets
The Co-operative has unveiled new and “ambitious” sustainability targets, which includes reducing carbon emissions across the supply chain. This comes as Co-op has already hit its original greenhouse gas target early, ahead of its official 2025 goal. These new sustainability targets, which are aligned to the retailer’s credit facilities, aim…
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21 MayNews
Today’s news in brief-21/5/24
Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths are diverging. This acquisition excludes Cooplands bakery, certain Starbucks outlets, and EG’s electric vehicle charging business, Evpoint, with the deal expected to conclude by late June. Additionally, Zuber Issa is…
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21 MayDIY
B&Q owner holds guidance as UK&I outperforms European arms
Kingfisher has announced that it will be maintaining its profit guidance after Q1 sales at B&Q in the UK and Ireland offset its weaker performance at its groups in France and Poland. During the period to 30 April, sales rose 0.3% to £3.3bn. However, sales declined 0.9% on a like-for-like…
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16 MayHealth & Beauty
Superdrug to open 25 new stores
Superdrug has announced an investment into its bricks-and-mortar retail footprint, with plans to open 25 new stores in 2024, as it celebrates its 60th year on the British high street. The retailer said it is aiming to continue to “enhance the physical shopping experience for customers with increasing bigger and…
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14 MayNews
Today’s news in brief-14/5/24
Walgreens Boots Alliance (WBA) is intensifying efforts to sell the Boots chain, engaging advisers for preliminary discussions with potential buyers. No formal sale process has started, but the chain, valued around £7bn, remains of interest. Previously, in 2022, WBA halted sale plans due to market instability, which affected financing. Despite…
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