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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Mar- 2022 -29 MarchHigh Street
Footfall rises by 7.8% as weather improves
The second anniversary of the start of the first lockdown in 2020 delivered positive results, with a rise in footfall of +7.8% last week from the week before across all UK retail destinations, according to retail experts Springboard. It found increases in all three destination types; +9.8% in high streets,…
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28 MarchClothing & Shoes
M&S to expand Jaeger store presence with 14 openings
Marks and Spencer (M&S) has announced that 14 Jaeger stores are set to open across the UK and Ireland, following “encouraging” early demand for the brand online and a successful UK store trial which has been running since October last year. Jaeger is an independent brand under the M&S ecosystem,…
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22 MarchDIY
Kingfisher hails ‘record’ year as profits surge 20.9%
Kingfisher has reported “record” revenue and profits for the year ending 31 January 2022 as adjusted pre-tax profits surged 20.9% year-on-year from £786m to £949m, reflecting higher retail profit and lower net finance costs. Total sales are up 9.9% to £13.18bn compared to £12.34m last year, and operating profit increased…
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15 MarchOnline & Digital
Annual quest to find the UK’s fastest growing online retailers begins
Despite restrictions easing, the pandemic appears to have altered our shopping habits forever. The boom in online shopping during the coronavirus pandemic has seen many of us become increasingly more comfortable shopping online, with global e-commerce jumping to $26.7trn (£20.4trn). New data from Brightpearl, a popular operating system for retailers,…
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15 MarchClothing & Shoes
Gap opens first UK shop-in-shop on Oxford St with Next
Gap Inc. and Next Plc announced the opening of the first Gap-branded shop-in-shop within Next’s largest West End store on London’s Oxford Street, as part of a new joint venture franchise relationship between the two companies. The venture will also see Next manage Gap’s e-commerce business as well as further…
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9 MarchNews
The Direct Selling Association appoints four new board members
The Direct Selling Association, the UK trade body for direct-to-consumer retail, has appointed four retail industry leaders to its board of directors. The new board members join representatives from brands including Avon, The Body Shop, and Usborne Books at Home, to serve as an advisory panel for the Direct Selling…
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Feb- 2022 -28 FebruaryClothing & Shoes
Primark H1 sales surge 60%
Associated British Foods (ABF) said it expects sales and adjusted operating profit to be ahead of the pre-Covid levels that were achieved in H1 of FY20 for the 24 weeks to 5 March 2022, driven by an expected 60% increase in sales at Primark. Like-for-like sales improved compared to Q4…
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24 FebruaryCoronavirus
Lush to continue paying Covid-positive staff to self isolate
Lush has announced it will continue to financially support its retail employees in UK and Ireland customer-facing roles in a bid to encourage staff to self isolate when they test positive for Covid-19 for the foreseeable future. Additionally, the company is reportedly encouraging its retail staff who test positive to…
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24 FebruaryHealth & Beauty
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and beauty chain Boots, according to Reuters. The outlet also revealed that private equity firm and new Morrisons owner CD&R has ruled itself out of the running amid the CMA’s ongoing…
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22 FebruaryNews
Storm Eunice curtails footfall rise
Storm Eunice “heavily impacted” footfall across the UK, with a -3.8% decline from the week before and drops in all three destination types, according to retail experts Springboard. However, it said the distortion created by the weather meant that the result between Sunday and Thursday was “wholly different from Friday…
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