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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Nov- 2021 -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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19 OctoberLuxury Goods
Welsh brand Au Vodka tops list of UK’s fastest growing online companies
A world-leading Retail Operating System has curated a list of the 50 fastest growing e-commerce brands of the ‘pandemic era’, with Swansea-based luxury alcohol brand, Au Vodka, coming out on top. The list, titled the Lightning 50, tracked growth across brands to rank the UK’s 50 fastest growing e-commerce companies…
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13 OctoberHigh Street
Holland & Barrett to close stores on Boxing Day
Holland and Barrett is the latest store to announce plans to close all its stores in the UK and Ireland on Saturday, 25 December and Sunday, 26 December 2021, as a “thank you to colleagues for their efforts during the pandemic”. It follows in the footsteps of Morrisons, Marks and…
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4 OctoberHigh Street
Four ‘premium’ brands to open at Highcross
Hammerson has announced that four new brands will open at its flagship destination, Highcross, in Leicester this autumn. According to Highcross, it has “captured” existing and new audiences through events and initiatives since reopening in spring, in addition to its 100 shops and restaurants. Highcross said the new Ted Baker…
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1 OctoberHigh Street
New West End Company unveils £5bn investment into London’s West End
The New West End Company, which represents 600 businesses on Oxford Street, Regent Street, Bond Street and in Mayfair, has announced details regarding a collective planned £5bn capital investment into London’s West End. It revealed the investment is to be spread across 22 existing and new West End developments, aimed…
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Sep- 2021 -28 SeptemberEconomy
Asos to create 180 jobs with new £14m Tech Hub
Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs over the next three years. The new Belfast hub will be operational in early 2022, with 52 dedicated roles in the first year, growing to 184 by 2024, with recruitment…
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