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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Sep- 2023 -22 SeptemberElectrical
Currys to recruit for over 1,100 roles ahead of ‘peak’ trading
Technology retailer Currys has today announced plans to create over 1,100 new roles during this year’s “peak” trading period. To support the business through the “busiest” time of the year – the period leading up to Black Friday through to the January sales – 720 temporary roles have been made…
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19 SeptemberNews
Today’s news in brief-19/09/23
Kingfisher, the parent company of B&Q, has revised down its full-year profit forecast to £590m from the initial estimate of £634m. This adjustment is in response to challenging trading conditions. In H1, the company reported a 30.9% decrease in operating profit compared to the same period last year, with group…
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19 SeptemberNews
B&Q owner Kingfisher slashes full-year guidance
B&Q owner Kingfisher has slashed its full-year profit guidance to £590m, down from £634, as the retailer continues to face hard trading conditions. It comes as operating profit for the six months ended in July was £367m, down 30.9% from the £531m reported in the same period last year. Group…
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11 SeptemberHealth & Beauty
Dyaco UK and Sweatband.com announce merger
Dyaco UK, a supplier and manufacturer of premium commercial gym equipment in the UK and Ireland, has announced a strategic merger with Sweatband.com, another UK-based supplier of sports and fitness products. By merging with Sweatband, Dyaco will become the only company in the country that can supply the entire fitness…
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11 SeptemberSupermarkets
Morrisons considers offloading petrol forecourts in £2.5bn deal
Morrisons is considering offloading its 340 fuel retail sites in a £2.5bn acquisition by CD&R-owned Motor Fuel Group (MFG), Sky News has reported. News of the talks between Morrisons and MFG comes months after CD&R stopped a potential sale of the latter business. It is understood that the retailer opened…
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7 SeptemberNews
Aldi opens 1000th store and targets 500 more
Aldi is opening its 1,000th UK store in Woking, Surrey, today (7 September) and has committed to a new long-term target of 1,500 stores in the UK, which will see the company invest billions of pounds into the UK economy. The Woking store is one of over 150 sites that…
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7 SeptemberElectrical
Currys LFL UK sales down 2% in Q2
Currys has revealed that its like-for-like in the UK and Ireland were down 2% for the 17 weeks ended 26 August 2023. Despite this the company stated that its revenue trends were better in July and August than in May and June. Currys stated that it saw robust sales in…
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7 SeptemberHealth & Beauty
Holland and Barrett relaunches its entire food range
Holland and Barrett has relaunched its entire food range with the first 500 products launching throughout September marking the start of the “biggest transformation of its food category in a decade”. The news comes after the retailer has been investing in its store estate, opening 19 stores and refitting 16…
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4 SeptemberNews
UK footfall falls by 1.6% in August
Total UK footfall decreased by 1.6% in August (YoY), down from a rise of +1.8% in July, the BRC has said. According to new data covering the four weeks from July 30 to August 26, high street footfall decreased by 0.9% in August (YoY), down from +1.6% in July. Shopping…
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1 SeptemberFeatures
Video game retailing has come a long way
During the pandemic, Game closed approximately 40 of its UK regional branches, while this year, it made the decision to close all of its 35 stores in Ireland to relocate concessions in Sports Direct outlets. However, the new CEO of Game, Nick Arran, vowed that the specialist games retailer will…
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