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- 2022 -21 SeptemberGovernment
Business energy bills to be capped under new gov scheme
The government has unveiled a new plan that is set to cap wholesale energy bills for businesses for an initial six-month period from 1 October. The Government Energy Bill Relief Scheme, unveiled today (21 September) by business secretary Jacob Rees-Mogg, will reportedly bring support for households, businesses and public sector…
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13 SeptemberSponsored Articles
The Golden Quarter: Planning for profit with intelligent merchandising
16 September marks the 100-day countdown to Christmas, also known as the Golden Quarter; the busiest period in the retail calendar. The Golden Quarter can be a difficult time for retail businesses, but this year, of all years, will be a real challenge. The cost-of-living crisis continued disruption to supply…
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8 SeptemberEconomy
Energy bills to be capped at £2,500 a year from October
Prime minister Liz Truss has announced today that energy bills for typical households will be capped at £2,500 annually for their gas and electricity bills from the start of this coming October. The news comes as her first major policy announcement, and according to Sky News, the new price guarantee…
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Aug- 2022 -19 AugustM&A
Central Group and Signa Holdings complete Selfridges acquisition
Central Group and Signa Holding have completed the acquisition of Selfridges Group from the Weston Family in a deal that is thought to be worth around £4bn. Following the news of the acquisition in December 2021, Selfridges Group portfolio, which comprises 18 stores under four banners in three countries, namely…
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15 AugustSupermarkets
Aldi increases pay for warehouse employees
Aldi has increased its hourly pay for colleagues working at Aldi distribution centres, the majority of distribution centre roles are warehouse selectors, who will receive a new minimum rate of £12.66 an hour. From September, it said all hourly paid colleagues within its warehouses will have received pay rises of…
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10 AugustEconomy
Deliveroo losses widen as Simon Wolfson steps down from board
Deliveroo has revealed its H1 pre-tax losses have widened to £147m from £95m the year prior and also confirmed that Next CEO Simon Wolfson has decided to step down from its board. The food delivery service saw revenue increase 12% to £1.01bn in 2022 compared with £907m in 2021, additionally,…
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4 AugustEconomy
Footfall declines in July as north-south divide grows
Footfall weakened in July to -14.2% below 2019 from -12.3% in June 2022 with the month’s performance also highlighting the growing divide between the north and south of the country, according to the latest data from Springboard. July saw a -17% decline compared with 2019 in high streets, a -18.6%…
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3 AugustNews
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has reported a loss of €3.5bn (£2.9bn) in the first half of 2022 (H1), due to an impairment of €3bn (£2.5bn) from the acquisition of US rival Grubhub in 2021, the impact of increasing interest rates and equity volatility on technical valuation metrics. However, the company expects…
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3 AugustSupermarkets
Co-op and Deliveroo extend partnership to 1,400 stores
Co-op and Deliveroo have extended their partnership for a further three years, with plans for the service to be available from up to 1,400 of the convenience retailer’s stores by the end of the year. The two companies first joined forces in 2017, with quick commerce since reportedly becoming a…
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2 AugustPeople Moves
Greggs names new chair as revenues rise
Greggs has announced the appointment of Matthew Davies as an independent non-executive director and chair designate. Davies joins the board with immediate effect, and will be appointed as chair on 1 November 2022, when the current chair, Ian Durant, steps down. He is widely experienced in retail, and during his…
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