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- 2023 -9 JuneSupermarkets
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans following the sale of its UK operations to Asda’s Issa Brothers. This three-year amendment and extension will reportedly apply to the group’s remaining $3.4bn (£2.7bn) of term loans due in…
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2 JunePeople Moves
Conair appoints new UK&I manager
Personal care and home appliance company, Conair, has announced the appointment of Mark Tyers as its new country manager for the UK and Ireland. He will report to Alban Wilson, the senior vice president of EMEA sales, who has been with the company for 20 years. In his new role,…
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May- 2023 -30 MaySupermarkets
Asda acquires EG Group UK for £2.27bn
Asda has announced that it has acquired the majority of EG Group’s UK and Ireland fuel, foodservice, grocery and merchandise business in a deal worth £2.27bn. The deal means that Asda will take ownership of around 350 petrol stations and more than 1,000 food-to-go locations. The UK’s third largest supermarket…
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30 MayHigh Street
New Look names Deloitte to advise on £100m debt refinancing
New Look has reportedly appointed Deloitte to advise on its options for refinancing a £100m debt that is due to expire in 2024, two years after the brand’s latest restructuring, Sky News has reported. According to the outlet, the high street fashion chain’s decision to kick off talks with lenders…
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25 MayDepartment Stores
Card Factory launches first click and collect service
Card Factory has launched its first UK-wide click and collect service, following the success of a trial period across 87 stores. The new service is available via its website, app and at over 1,000 stores excluding Jersey or the Republic of Ireland. Customers can choose from a range of gifts,…
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24 MayLuxury Goods
Barbour names UK&I managing director
Barbour has announced the promotion of Paul Wilkinson, the brand’s global marketing, commercial and managing director in the US, as the new managing director for the UK and Ireland, according to Drapers. Wilkinson replaces Ryan Llewellyn-Pace, who departed the brand earlier this March. According to Drapers, Llewellyn-Pace will be heading…
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24 MayDIY
Kingfisher Q1 sales hit £3.3bn
Kingfisher has revealed that it has posted £3.3bn in sales for the three months to 30 April 2023, an increase of 0.8% year on year. The B&Q and Screwfix owner stated that 18% of sales were affected by poor weather conditions in the spring causing a like for like decrease…
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18 MayClothing & Shoes
Nike opens new Unite concept store at Blanchardstown Centre
Nike has announced it has opened a new concept store Nike Unite at Blanchardstown Centre, Dublin. The first store of its kind in Ireland, Nike Unite features an in-store community wall, celebrating Dublin athletes and sporting achievement, as well as local landmarks and partnerships. Signed on a 10-year lease, the…
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18 MayClothing & Shoes
The Works reports sales up 6.1% to £316.6m
The Works has reported that its total sales increased 6.1% to £316.6m in FY23 compared with £298.4m in FY22, against a challenging backdrop, according to its recent trading update for the 52 weeks ended 30 April 2023. Stores, which represented 88.8% of total sales, delivered a like-for-like sales increase of…
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15 MayElectrical
Currys raises guidance after ‘better than expected results’
Electronics retailer Currys has increased its profit guidance to between £110-120m for the year ended 29 April 2023. The retailer lowered its guidance in March to around £104m following poor performance in the Nordics but has reversed this after a strong final two months of the year in the UK.…
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