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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Aug- 2019 -8 AugustHigh Street
Mixed footfall performance in July
Footfall figures decline by 3.8% in July, compared with the same period last year, according to the latest Retail Traffic Index. This was only a small improvement on the 3.9% deficit recorded in June. Footfall did however see an increase of 3.4% in July compared with June’s footfall figures. Stores…
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7 AugustHigh Street
Sports Direct is not a business ‘in crisis’, claims exec
Sports Direct’s head of elevation, Michael Murray, has moved to quash rumours that Sports Direct was in “crisis” in an interview with Sky News, following the purchase of Jack Wills. The retail group posted a profit drop of 9% last year following the acquisition of House of Fraser, which owner…
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Jul- 2019 -29 JulyShopping Centres
Hammerson reports £319.8m loss
Shopping centre owner Hammerson has reported a £319.8m loss during the first six months of the year ending 30 June. Hammerson, which owns shopping centres such as London’s Brent Cross and Birmingham’s Bullring, revealed on an adjusted basis profits were down 10.5% to £107.3m. The company also reported a 6.8%…
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9 JulyClothing & Shoes
Primark founder Arthur Ryan dies aged 83
Budget fashion chain retailer Primark has announced its founder and chairman Arthury Ryan has died at the age of 83, following a short illness. Ryan founded the company, then known as Penneys, in Dublin in 1969 with the news coming just days after the retailer celebrated its 50th anniversary. It…
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2 JulyPeople Moves
Hammerson appoints UK and Ireland operations director
Shopping centre owner Hammerson has appointed Howard Ebison as its new operations director. Ebison will drive the operational performance of its flagship destinations across the UK and Ireland, overseeing the delivery of “excellent” consumer experiences, and creating “commercially compelling” venues for Hammerson’s brand partners. According to the group, he has…
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1 JulyHigh Street
Boots confirms closures of 200 stores
Health and beauty retailer Boots has confirmed it is set to close 200 stores in the UK, after receiving confirmation from its parent company Walgreens Boots Alliance. The store closures will affect underperforming stores, in “walking distance” of other Boots locations and will represent 8% of the retailer’s UK stores…
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Jun- 2019 -20 JuneElectrical
Dixons Carphone shares plunge amid full-year loss
Consumer electronics retailer Dixon Carphone saw profits plunge by up to 28% this morning, after posting full-year losses for the year to 27 April 2019. Shares in the retailer, which owns Carphone Warehouse and Currys PC World, have since recovered slightly to 11% down from opening. It comes after it…
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14 JuneClothing & Shoes
Lululemon sees Q1 sales surge 20%
Athleisure brand Lululemon has posted a 20% increase in Q1 net revenues to $782.3m (£617m). For the period ending 5 May 2019 the company revealed comparable store sales increased 6%, while direct to consumer net revenue increased 33%. Direct to consumer net revenue represented 26.8% of its total net revenue…
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7 JuneHigh Street
Arcadia amends CVA agreement to appease landlords
Retail company Arcadia has amended the rental reductions for the seven company voluntary agreement (CVA), which are needed for the company to restructure. The original CVAs requested between 35-70% rental reductions in 194 of Arcadia’s 556 locations in the UK and Ireland. However, after failing to reach agreements with certain…
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May- 2019 -9 MayEntertainment
The Works click and collect service leads to sales and revenue growth
Book retailer, The Works has announced it has had a “successful year” following the introduction of a click and collect service which has seen like-for-like sales and revenue rise. Revenue at The Works for the 52 weeks to 28 April rose by 13.2% year on year, while like-for-like sales saw…
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