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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Sep- 2020 -15 SeptemberHigh Street
Next takes majority stake in Victoria’s Secret
Victoria’s Secret owner L Brands has announced it has formed a joint venture with Next which will see the retailer acquire the majority of Victoria’s Secrets’ assets. The new joint venture will operate all Victoria’s Secret stores in the UK and Ireland, subject to agreeing terms with landlords. Next will…
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14 SeptemberSupermarkets
Aldi to trial click and collect
Major supermarket chain Aldi has announced it will begin its first UK trial for a click-and-collect service from today (14 September). The supermarket is currently running a trial of the service for Aldi colleagues from a store in the Midlands and plans to extend that to customers in the coming…
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7 SeptemberNews
Eve Sleep reports summer sales boost
E-commerce mattress brand Eve Sleep saw strong trading between May and July, and now expects revenues of at least £22m for the year ended 31 December 2020. The brand, which operates in the UK, Ireland and France, said since then trading patterns have remained above the board’s expectations. The group’s…
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Aug- 2020 -28 AugustDIY
Screwfix to open 40 new stores, 400 jobs created
Screwfix is set to open 40 stores this year, in a move that will create around 400 new jobs in local communities. According to its parent company, Kingfisher, the new openings “demonstrate continued growth of the business and a growing demand for convenience, despite the challenges of Covid-19”. Some 30…
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20 AugustHealth & Beauty
Mothercare unveils new business model
Mothercare has announced the launch of a “more sustainable and less capital-intensive” business model going forward. The new model comes into effect from the Autumn/Winter 2020 season, and follows “constructive” discussions with its international franchise and manufacturing partners. The discussions were held in a bid to modernise the business and…
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6 AugustShopping Centres
Hammerson seeks £825m to ride pandemic
Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive the impact of the coronavirus pandemic. The announcement comes as Hammerson reported that net rental income dropped by 44% to £87.3m during the first half of the year. For the…
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Jul- 2020 -31 JulyHigh Street
TUI to shutter 166 stores
TUI is set to close 166 high street stores in the UK and Ireland as it “adapts to changes in customer behaviour” caused by the Covid-19 pandemic. The group said the impacted stores were selected based on a number of factors, including local market data, consumer trends and predictions on…
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13 JulyCoronavirus
Footfall suffers despite June reopening
Footfall in June saw a “significant improvement” against the 73.3% decline reported in May, but was still less than half the level of last year, with an annual decline of 56.6%. According to the latest figures from Springboard, footfall fell by 65.1% in high streets and 62.3% in shopping centres,…
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10 JulyCoronavirus
Footfall decline eases amid ‘sluggish’ recovery
Footfall across the UK rose by 19% in June against the month prior, but was still down by 62.6% year-on-year, according to the latest figures from the BRC. In the first two weeks of the month, footfall decline averaged 77.1%, but this improved to 53.3% in the remaining three weeks…
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9 JulySupermarkets
Aldi to remove over 2 billion pieces of plastic by 2025
Discount grocer Aldi has pledged to reduce the volume of plastic packaging used by 50% by 2025. The new commitment will see the chain remove 74,000 tonnes of plastic packaging during the next five years, the equivalent to 2.2 billion single items of plastic. To achieve this target, Aldi said…
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