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 -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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17 FebruaryPeople Moves
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery of the group’s strategy. Sebastien Krysiak, currently chief executive officer (CEO) of Castorama Poland, has been appointed to the new role of chief commercial officer, with effect from 4 April.…
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16 FebruaryClothing & Shoes
Reiss to widen online offering through Next Total Platform
Reiss is set to launch a new, revamped website through Next Total Platform, which will enable a host of service upgrades for its online customers. The site is set to launch tomorrow (17 February) and the brand said the site’s look and feel will “remain true to Reiss’ distinctive aesthetic”. …
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10 FebruaryLuxury Goods
Watches of Switzerland sales soar amid ‘thriving’ market demand
The Watches of Switzerland Group PLC has reported its revenues surged 27.9% year-on-year to £348.1m in the 13 weeks to 30 January 2022 (Q3 FY22), and 36.5% from pre-Covid levels. The group’s year-to-date revenues for the 39 weeks to 30 January 2022 (9M FY22) also rose by 38% year-on-year from…
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4 FebruaryElectrical
Currys begins search to replace Livingston as chairman
Currys, the electrical retailer, has reportedly begun its search for a new chairman to eventually succeed Lord Livingston of Parkhead. According to Sky News, Currys has initiated headhunters to identify potential candidates for Lord Livingston, who has been in the position since 2015. However, it cited sources that said the…
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3 FebruaryEconomy
Energy price cap to rise 54% from April
Retail bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase by 54% from 1 April amid a “record” increase in global gas prices, in a move that is set to affect approximately 22 million customers. Energy regulator Ofgem announced that…
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