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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May- 2022 -23 MayDIY
Kingfisher sales drop despite supply pressures easing
Kingfisher has announced its like-for-like sales dropped 5.4% to £3.2bn in the three months ended 30 April 2022 (Q1), although this is up 16.2% from pre-pandemic levels as inflationary and supply chain pressures have eased. In the UK and Ireland, total sales fell 14.1% in Q1, but increased 16.7% on…
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18 MayLuxury Goods
Watches of Switzerland hails record revenues of £1.23bn
The Watches of Switzerland Group has reported its group revenues surged 40% year-on-year from £905m to £1.23bn in the 53 weeks ending 1 May 2022 (FY22), marking a “record” year of revenue and profitability. All in all, UK revenues were up 36% to £810m and US revenues were up 48%…
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18 MaySupermarkets
M&S chairman slams post-brexit rules for Northern Ireland
The chairman of Marks and Spencer, Archie Norman, has backed government plans to override parts of the Northern Ireland protocol, after condemning the bureaucracy involved with transporting goods across the Irish border. Speaking to BBC Radio 4, Norman said: “At the moment, wagons arriving in the Republic of Ireland have…
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16 MayDIY
Screwfix to open 80 new stores
Kingfisher-owned Screwix is set to open 80 new stores by the start of next year, creating around 800 new retail jobs. Boosted by the home-improvement surge during the pandemic lockdowns, the retailer revealed it has seen sustained demand from tradespeople and is set to expand its presence in the UK…
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10 MayClothing & Shoes
Schuh opens distribution centre in Ireland
Schuh has announced the opening of a 49,000 square foot distribution centre in Ireland. The new facility at northwest business park, Dublin, has led to the creation of 25 additional job roles. The Republic of Ireland distribution centre will serve Irish and European customers, further increasing schuh’s omnichannel capabilities, ensuring…
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3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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Apr- 2022 -26 AprilClothing & Shoes
Primark to raise prices amid mounting inflationary pressures
Primark is implementing selective price increases across some of its autumn/winter stock amid inflationary pressures as the retailer’s owner, Associated British Foods plc (ABF), said the company is unable to offset all of the inflationary pressures with cost savings. In its latest trading update for the 24 weeks ended 5…
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22 AprilNews
EG to deliver 32,000 jobs globally amid foodservice expansion
EG Group has announced plans to create more than 32,000 jobs globally over a five-year period. According to the group it will be driven by a “sustained investment” in its foodservice business. To supplement this expansion strategy, EG has added to the pay and benefits colleagues receive and this month…
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5 AprilEconomy
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared to the previous month due to “unseasonably warm weather”. According to Ipsos Retail Performance, the retail sector performed the strongest at -14.9% compared to pre-Covid levels, while footfall on the…
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Mar- 2022 -30 MarchDIY
IKEA to close Tottenham store, putting 450 roles at risk
Ikea has announced the proposed closure of its Tottenham store in Edmonton, North London, placing the jobs of 450 co-workers at risk. The announcement forms part of the business’ £1bn transformation plan to further invest in London over the next three years to “better meet the needs” of its customers.…
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