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- 2021 -28 MayHigh Street
JYSK to open two new stores in Greater Manchester
JYSK has announced that it is set to open two new stores within the Greater Manchester region. The first store is due to open on 10 June 2021 in Bury at Angouleme Retail Park, followed by a store in Stockport at Manchester Road Retail Park on 8 July 2021, with…
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26 MaySupermarkets
The Spar Group sees H1 profits rise 28%
The Spar Group has revealed that its operating profit for the six months ended 31 March 2021 grew 28% to R1.7bn (£86.8m) from R1.3bn (£66.4m) the previous year, reflecting “exceptionally strong performances” in European countries. Turnover also increased by 7.5% to R64.2bn (£3.2bn) from R59.7bn (£3.05bn) despite sales slowing “significantly”…
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25 MayEconomy
Family spending power reaches 11-year high
The average family disposable income in the UK has reached an 11-year high, according to Asda’s latest Income Tracker. Income increased by 13.1% year-on-year in March, representing a weekly income rise of £28 for each household. London saw the smallest annual growth with a rise of 8%, while disposable incomes…
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24 MaySupermarkets
M&S to buy more goods from EU amidst NI border disruption
Marks and Spencer will reportedly buy more food from EU countries as the group looks to “reshape its supply chain” amidst struggles with the Northern Irish border. According to The Telegraph, M&S has plans to also source more goods from the Continent as well as Ireland and Northern Ireland, after…
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20 MayDIY
Kingfisher raises guidance as Q1 sales soar 60%
Kingfisher has increased its profit forecast for the year after total sales for the first quarter of 2021 came to £3.44bn, resulting in a 60% year-on-year increase. The B&Q parent company saw like-for-like sales grow by 64.2% over the period compared to last year and posted a 22.5% rise when…
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14 MayElectrical
Dixons Carphone rebrands to Currys
Dixons Carphone is set to drop its name as the group rebrands to Currys, with all stores across the business changing their name in the process. Across the United Kingdom and Ireland, Currys PC World, Carphone Warehouse and Team KnowHow will all become a single brand Currys by October 2021,…
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10 MayHigh Street
UK retail footfall drops 4.1% amid poor weather
Footfall across UK retail destinations declined by 4.1% last week from the week prior, which was attributed to the impact of poor weather, according to the latest data from Springboard. Activity in high streets also dropped to 6.6%, whilst in retail parks and shopping centres footfall declined by just 1.3%…
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5 MayHigh Street
UK retail footfall hit by bad weather
New data from Springboard has revealed that footfall at UK retail destinations dropped by 2% last week from the previous seven-day period, despite the reopening of non-essential retail stores across the country. The footfall decrease was primarily due to a considerable drop of 6.1% in high street footfall, despite footfall…
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Apr- 2021 -30 AprilClothing & Shoes
Gym+Coffee welcomes One Direction backer
Irish-based athleisure brand Gym+Coffee has announced that One Direction’s Niall Horan has become an investor in the group. As a shareholder, Horan aims to support the business while raising the profile of the brand internationally. Founded in 2017, Gym+Coffee expanded its store portfolio in 2020 with the opening of a…
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28 AprilElectrical
Dixons Carphone to scrap airport shopping business
Dixons Carphone is set to close its airport shopping business, just months after the UK government announced plans to remove airside tax-free shopping. In a trading update, the electrical retailer said that it did not expect passenger numbers to “recover sufficiently” to compensate for the removal of the tax. This…
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