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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Feb- 2022 -1 FebruaryOnline & Digital
Asos invests £14m in Belfast tech hub
Asos has announced it is investing £14m into a new tech hub in Belfast over the next three years as it continues to scale its investment in technology, creating 184 new jobs with eight permanent staff already on board. As part of the investment, Asos has announced the opening of…
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Jan- 2022 -31 JanuaryHigh Street
Walgreens set to start £7bn Boots sale process
Walgreens Boots Alliance has reportedly started the sales process for its Boots international drugstore unit, according to Bloomberg. Walgreens is said to be “sending out preliminary information on the business to potential suitors ahead of first-round bids due in the coming weeks”. Boots, which has 2,200 stores in Britain and…
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24 JanuaryPeople Moves
Sainsbury’s creates chief transformation officer role
Sainsbury’s has promoted Graham Biggart to the newly created role of chief transformation officer, and he will join the operating board in March 2022. The move comes as Sainsbury’s plans to “accelerate” its customer transformation, in addition to its plan to save money and invest in innovation, quality and price,…
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21 JanuaryNews
Dunelm appoints non-executive director
Dunelm has announced the appointment of Kelly Devine as a non-executive director. Devine will join the board on 1 March 2022, and will be a member of the Audit and Risk, Remuneration and Nominations committees. According to the firm, she is president, UK and Ireland of Mastercard, where she has…
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20 JanuaryClothing & Shoes
Primark sales spike 36% to £2.67bn
Primark owner, Associated British Food (ABF), has announced the fashion retailer’s revenues increased by 36% to £2.67bn in the 16 weeks ending 8 January 2022, compared to £2.03bn in the 16 weeks ending 2 January 2021. Total Primark sales this period were 5% lower than pre-Covid levels, and like-for-like sales…
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18 JanuarySupermarkets
Aldi launches first checkout-free store
Aldi has launched its first checkout-free concept store, Aldi Shop&Go, in London this morning for public testing. After having been tested by Aldi colleagues in recent months, the trial store in Greenwich allows customers to complete their shop without scanning products, or having to go through a checkout. Through the…
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14 JanuaryNews
Quiz revenues surge 88% to £66m
Quiz PLC has announced that its total group revenue in the nine months to 31 December 2021 totalled £61m, which represents an 88% increase on the £32.4m generated in the equivalent period in FY2020. The group said it is “pleased with the gross margins generated during the period which are…
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14 JanuaryElectrical
Currys lowers profit expectations to £155m amid 10% drop in sales
Currys has lowered its full year pre-tax profit expectations from £160m to £155m following a 10% drop in sales in the 10 weeks ending 8 January 2022, as a result of “unven” consumer demand and supply disruptions. In the UK and Ireland (UK&I), like-for-like revenues in the quarter decreased by…
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13 JanuaryClothing & Shoes
Frasers Group to expand FLANNELS with Ireland openings
Frasers Group has announced that three new Flannels stores are set to open across the Republic of Ireland, marking the first flagship to open outside of the UK. The store openings will take place in Dublin, Cork and Blanchardstown, with the Dublin site set to be the next flagship in…
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11 JanuaryClothing & Shoes
The Very Group appoints non-executive chair
The Very Group has appointed Dirk Van den Berghe, former Walmart executive vice president and regional chief executive for Asia, as its non-executive chair. In his most recent executive roles with Walmart, Berghe was responsible for Walmart’s business in Canada, China, India and Japan. He also oversaw Walmart Global Sourcing,…
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