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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Jan- 2025 -13 JanuaryHealth & Beauty
Boots sales rise 8.1% in Q1
Boots has delivered a “strong” first quarter with total comparable retail sales up 8.1% YoY for the three months ended 30 November 2024. The UK’s leading health and beauty retailer saw growth across all categories and channels, on top of a “significant increase” in the prior year. Boots’ digital sales…
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7 JanuaryNews
B&Q acquires five Homebase UK stores for £2.5m
B&Q has announced that it has reached an agreement to acquire five leasehold stores in the UK, currently trading as Homebase, for a total purchase price of £2.5 m. This follows the agreement to buy three stores currently trading as Homebase in the Republic of Ireland announced on 24 December…
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Dec- 2024 -19 DecemberNews
Miniso opens new store at London Stansted Airport
Miniso has announced the opening of its first-ever UK airport store at London Stansted Airport. The new Miniso-Go store offers a wide range of travel essentials alongside the brand’s collections, including collaborations with Harry Potter, Hello Kitty and Friends and Disney. The store also features everyday lifestyle essentials, beauty products,…
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18 DecemberSupermarkets
Aldi to invest £650m in expansion plans in 2025
Aldi is set to invest around £650m across the UK in 2025 as part of the group’s ongoing expansion plans. This includes the development of new stores in Fulham Broadway in London, Billericay in Essex, and Cheadle in Stoke-on-Trent, with the supermarket targeting around 30 new store openings next year.…
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17 DecemberPeople Moves
HG appoints Gina Slade as country manager UKI as it continues to clean up across UK & Ireland
Cleaning experts HG International b.v. have announced the appointment of Gina Slade as Country Manager for HG UK & Ireland. In this role, she will assume full responsibility for the subsidiary where the HG brand continues to experience significant growth and popularity, and having solidified its place as the second…
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12 DecemberNews-In-Brief
Today’s news in brief-12/12/24
Central Group’s executive chair Tos Chirathivat admitted to overpaying in hindsight for Selfridges and other European luxury department stores as part of a £4bn deal in 2021. Chirathivat told the FT the price felt steep given rising global interest rates but noted the valuation may look more reasonable in a…
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12 DecemberDepartment Stores
Selfridges co-owner admits £4bn price was ‘too high’
Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial Times that it may have overpaid for its acquisition of Selfridges and other European luxury department stores as part of a £4bn deal in 2021. According to Chirathivat, whose group’s…
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12 DecemberElectrical
Currys HY losses narrow as it warns of price rises
Currys has posted a loss before tax of £10m for the half year ended 26 October 2024, up from £44m in the same period last year. Alongside this, the company posted a revenue of £3.9bn, up 1% year-on-year and driven by a like-for-like revenue increase of 2%. As part of…
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Nov- 2024 -26 NovemberM&A
Secret Sales expands European presence with Afound acquisition
Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has acquired H&M Group’s digital fashion outlet, Afound. The company said the move solidifies its position in European off-price retail, establishing operations across 10 countries including Sweden, Denmark, Norway, Finland, Germany, The Netherlands, Belgium, Ireland, Spain and the…
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25 NovemberDIY
Kingfisher lowers profit guidance amid flat Q3 sales
Kingfisher has lowered its full-year profit guidance after posting flat sales of £3.2bn for the three months ended 31 October, a 0.6% decline. As a result of this, the company expects its adjusted PBT guidance to be in the range of c.£510m to £540m, previously c.£510m to £550m. The B&Q…
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