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- 2018 -11 SeptemberHigh Street
JD Sports sees revenues and profits soar in ‘record result’
JD Sports has recorded a “record result” in the 26 weeks to 4 August as it posted double-digit growth in both revenues and profits. The sports and fashion retailer’s revenues increased by 35% to £1.8bn and also saw pre-tax profits jump 19% from £102.7m to £121.9m. JD Sports also reported…
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10 SeptemberHigh Street
August footfall down 1.6% despite some retail park growth
Retail footfall dropped by 1.6% in August despite seeing rare retail park growth in the East and South West of the UK. The figures are according to the British Retail Consortium (BRC) and Springboard’s footfall and vacancies monitor with August seeing a sharper decline than the 0.8% experienced in July,…
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4 SeptemberEconomy
Footfall ‘better than expected’ in August
Footfall fell by 4.1% in August compared with the same month last year, according to the Ipsos retail footfall tracker. Despite the drop, analysts described footfall levels as “better than expected” as the pace of year-on-year footfall decline slowed in August. Ipsos said this might be down to the success…
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Aug- 2018 -9 AugustSupermarkets
Aldi announces ‘carbon neutral by 2019’ aim
Aldi UK and Ireland has unveiled plans to become carbon neutral by 2019 following investment in a long-term carbon management programme. The supermarket, which has more than 775 stores and 11 distribution centres across the UK and Ireland, has reduced its carbon footprint in recent years, including by installing 388…
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9 AugustHigh Street
Card Factory sales up 3.2% despite ‘extreme weather’
Card Factory has reported 3.2% growth in total group sales for the six months ending 31 July, despite the impact of the year’s “extreme weather conditions” on high street footfall. The retailer’s like-for-like sales decreased to -0.2%, a drop of 3.1% when compared with the same trading period last year…
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8 AugustHigh Street
New charity shop count shows over 11,000
New research into charity shop volume on UK high streets has found there are currently 11,249 charity outlets across the country. The research, which the Charity Retail Association (CRA) told Retail Sector was the “first of its kind”, found that England alone has 9,437 charity shops on its streets. CRA…
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6 AugustHigh Street
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same month in 2017. According to the Ipsos Retail Traffic Index, footfall was down in all regions compared with July 2017 with Scotland and Northern Ireland seeing 6.5% less shoppers on…
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Jul- 2018 -11 JulyComment
Has Sports Direct entrepreneur Mike Ashley made a naming faux pas?
The founder of Sports Direct, Mike Ashley, is the latest business owner to attract unwanted attention from US retail giant, TK Maxx, over the choice of a new brand name. Should he have seen it coming? The dispute centres on the use of the name, Brand Max, as the brand…
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10 JulyPeople Moves
Tesco UK boss Charles Wilson resigns due to cancer diagnosis
Charles Wilson, CEO of Tesco UK and Ireland, has announced that he is to step down from the board after being diagnosed with throat cancer. Tesco said the diagnosis was found following an operation to remove his tonsils in April of this year, and that Wilson had been undergoing daily…
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9 JulyGovernment
Asda CEO: Hard Brexit could have ‘significant consequences’ for food supply and quality
Asda CEO Roger Burnley has expressed his concerns that a ‘hard’ Brexit could have “significant consequences” for food supply and quality. He described the prospect of holdups at the UK border as “scary”, adding: “You’d be eating into the life of products with all sorts of implications for waste, for…
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