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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Dec- 2021 -8 DecemberDepartment Stores
JYSK welcomes ‘record’ FY21 profits in UK&I
Danish furniture and home furnishings brand JYSK has announced record results in the UK Ireland during the financial year 2020/2021, with total sales reaching €68.9m (£58.7m), an increase of 67% on previous year. Despite what the company called a “challenging end to 2020 and start to 2021”, 1.1 million customers…
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3 DecemberHigh Street
Poundstretcher rewards staff with 10% pay increase
Discount chain Poundstretcher has announced it is rewarding all of its employees in “recognition of their hard work” throughout the pandemic, as well as the company’s restructuring in 2020 with a 10% pay increase. It revealed that from 1 January 2022, all employees who have completed a year’s full service…
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Nov- 2021 -29 NovemberSupermarkets
Lidl GB appoints new CEO
Lidl GB has announced the promotion of Ryan McDonnell as its newest CEO with effect 1 February 2022. He replaces Christian Härtnagel who will be moving to the role of CEO at Lidl Germany on 1 March 2022. Härtnagel has been CEO of the UK group for more than five…
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19 NovemberNews
M&S and Costa Coffee collaborate to create UK-wide offering
M&S and Costa Coffee have announced a new collaboration to create a new food and drink experience for UK customers. Launching next year, the retailer said customers will be able to choose from over 30 M&S Food products, including new lunch options, hot meal boxes and children’s food, available in…
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8 NovemberSupermarkets
Co-op and Unilever announce refill store trials
Unilever and Co-op have announced a partnership together which will see them launch refillable packaging store trials. They said their aim was to gain a “deeper understanding of consumer behaviour towards refillable and reusable packaging in a convenience environment”. The move is Unilever’s first within a convenience store. The trial…
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2 NovemberCoronavirus
SMEs to ‘keep calm and carry on’ despite rising costs, study finds
The majority of SMEs are “grateful” to be in business and generating revenue despite the increased costs, and are prepared to accept up to a 20% drop in revenue, according to a report by MarketFinance. It revealed four out of five (79%) SMEs have faced increased prices from suppliers over…
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Oct- 2021 -27 OctoberProperty
Ikea to open in former Topshop Oxford Street site
A new Ikea store is set to open its doors in the heart of London with a new location at Topshop’s former Oxford Street site. The new store is planned to open in autumn 2023, and will have a focus on home-furnishing accessories, with a full range available to buy…
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21 OctoberProperty
Hammerson rent collection hits 70% in Q4
Hammerson has revealed that rent collection has improved in its latest quarter, with 70% of rent now collected in Q4 to date. This is “significantly” ahead of any quarter since Q1 2020, when the effects of the pandemic were first felt. The UK continued to be the “strongest performer”, as…
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19 OctoberDIY
IKEA UK joins sustainability partnership
IKEA UK has announced a new partnership with climate solutions charity, Ashden, for the ‘Let’s Go Zero initiative’, a coalition campaign which aims to support UK schools’ efforts to reduce their emissions and calls for government action on greening schools. The campaign will see IKEA UK help to target zero…
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19 OctoberEconomy
UK footfall return remains steady
Footfall across UK retail destinations declined marginally by -0.7% last week from the week before, according to Springboard. UK footfall last week was +28.1% higher than in the same week in 2020, which was a strong improvement from +24.5% in the week before. The fact that footfall did not change…
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